Analysis On Pollution Control Effect Of Green Finance Policy

Currently,China’s economy has shifted from high-speed growth to a period of high-quality growth,with emphasis on the harmonious coexistence of man and nature and the coordinated development of economic and ecological effects.In this context,the central government has approved the exploration and construction of green financial reform pilot zones in eight places in five provinces to carry out early and pilot implementation of green financial policies and systems,so that the market can play a key role in resource allocation.Now that the pilot work has expired,it will be necessary to establish a more complete indicator evaluation system to test the development effect of the implementation of green finance policy on the effect of regional pollutant emissions and its mechanism of action.Using literature research method,qualitative analysis method and empirical analysis method,this paper regards the implementation of green finance reform and innovation pilot zone policy as a quasi-natural experiment,carries out double difference estimation by constructing a two-way fixed effect model,studies the effect of green finance pilot policy on regional pollutant governance through empirical methods,and puts forward corresponding policy suggestions for the problems existing in the development of green finance in the pilot area This paper firstly discusses the effects of green finance policies on regional pollutants.This paper firstly discusses the current status of domestic and international literature on green finance,ecological environment and the relationship between them,and carefully composes the important concepts used in this paper,such as two mountain theory and policy effect evaluation theory,and analyzes the mechanism of green finance influencing regional pollutant management.In addition,the relevant policies,development status and problems of green finance pilot projects in various provinces and cities are discussed.On this basis,the article selects the entropy value method to determine the level of industrial pollutant governance in each region.Using the first batch of green finance pilot cities as samples,the paper compares the difference between the factual and counterfactual values of environmental scores before and after the introduction of the pilot policies through regression control method,and then conducts a detailed analysis of the effect of the implementation of green finance policies.The longer the green financial reform and innovation pilot zone is established,the more obvious the effect of the policy on environmental protection.The green financial reform policy can play an ecological environmental protection effect by increasing the local per capita gross regional product,and it can play a positive radiation effect to improve the ecological environmental protection effect in the surrounding areas.With the establishment and improvement of green finance pilot policies,the growth of the number of financial institutions involved in green finance,and the increasing number of green financial products,the leading role of green finance will become more significant,and will have an increasingly obvious impact on the environment through different transmission mechanisms.For this reason,we should unswervingly continue to carry out green financial reform to achieve both "green water and green mountains" and "golden mountains".