Study On The Influence Of Green Finance On Rural Revitalization And Development

To promote the development of rural areas is a strategic measure of the party based on the characteristics of the development of the times,which provides an effective way to deal with the current complex and changeable global development situation.At the same time,the implementation of rural revitalization strategy and our country adhere to the new development concept,form a double-cycle development pattern,promote high-quality economic development closely linked.The potential of rural internal demand is great.Promoting the development of rural areas is beneficial to stimulate the potential of rural internal demand and to drive farmers and all kinds of production subjects to create a better environment and a happy life.Green finance supporting rural revitalization is an inevitable choice for deepening supply-side structural reform of finance and providing high-quality services to“Agriculture,rural areas and farmers” to achieve their own sustainable development.In recent years,inclusive finance has been widely practiced in rural areas and achieved remarkable results.At the same time,there are still problems such as insufficient financial supply in rural areas.In view of this,it is particularly important to analyze its impact mechanism and effect so that green finance can truly serve rural development.Based on rural financial market theory,environmental finance theory,externality and market failure theory,this paper selects the panel data of every province and city in our country from 2010 to 2020 to construct the Rural Revitalization Development Index,the model was constructed to study its effect.The results show that there is a positive spatial correlation between green finance and the development of rural revitalization in our country,and the effect is significant,it has also promoted the development level of rural revitalization in the surrounding areas,in which the supporting role of green credit is more significant than the supporting role of Green Insurance,the changes of rural financial infrastructure and educational level will have a significant positive spillover effect on the development of rural revitalization in the region and its surrounding areas.Combined with the current development trend,this paper proposes that we should maximize the positive effects of green financial services in rural revitalization and development.Government departments should create a long-term sustainable development of rural Green Finance Policy Environment,guide the improvement of rural green finance-related supporting mechanisms.Financial institutions should increase and innovate rural green financial products and services.The general public adhere to the concept of integrity and the concept of green development,care,support and investment in the cause of rural revitalization.At the macro level of society,the propaganda of rural green finance should be strengthened to form a good atmosphere for all people to build,co-govern and share.