Research On The Measurement Of Regional Green Finance Development And Its Support To Green Economy

With the continuous development of China’s economy,the disadvantages of the inherent economic growth model are gradually exposed.In the past,the growth model that emphasized "quantity" and ignored "quality" in economic development brought serious environmental damage.How to better balance economic growth and ecological protection,and reconcile the contradiction between the two development,has become a key issue for the high-quality development of China’s economy in the future.As an important pillar for rational allocation of resources and risk management in the economic system,finance can play a very important role in promoting the transformation and upgrading of economic development models and improving the quality of economic development.Therefore,the financial industry can combine with the concept of green development in the future development process,and use green finance as a financial innovation to change China’s economic development mode,thereby promoting the improvement of the level of green economic development.This paper firstly conducts an in-depth study on the research results of green finance,green economy and the relationship between them through the literature research method.It also shows that green finance can support the development of green economy,which provides ideas for the subsequent analysis of this paper.Secondly,this paper sorts out the development status of green finance and green economy in eastern China,and quantitatively analyzes the development level of green finance and green economy in 11 provinces(cities)in eastern China from 2010 to 2019.Finally,on the basis of quantitative analysis,this paper studies the support of green finance to green economy in eastern China,and gives corresponding conclusions and suggestions for the full text analysis.Besides,this paper draws the following conclusions: First of all,the development level of green finance in eastern China has shown an overall upward trend,but in the process of development,it also faces the situation of unbalanced development within the region,and each region has not yet formed an effective linkage mechanism.Second,the overall level of green economic development in eastern China has grown,but in recent years it has also faced problems such as slowing growth,widening intra-regional development gaps,and unbalanced development among provinces.Finally,through empirical research,it is found that the development trend of green finance and green economy in eastern China does not match,and the support of green finance to green economy is weak.Finally,in response to the problems found in the research conclusions,this paper proposes policy recommendations to improve the strength of green finance from the perspective of products and systems,to increase the proportion of green industries from the perspective of policy and technological innovation,and to strengthen regional economic and financial cooperation from the perspective of experience exchange and mechanism construction,in order to play a certain reference role in the development of China’s green finance and green economy.