Change Characteristics of the Green Finance Development Level and Its Influencing Factors and Scenario Prediction in Counties of Zhejiang Province
Taking Zhejiang Province as the research area,this paper establishes an evaluation index system of the green finance development level at county level,and reveals the evolution characteristics of green finance development from 2007 to 2022.It uses spatial econometric models to identify the key factors influencing the green finance development level in counties of Zhejiang Province,and system dynamics(SD)models for simulation and prediction.It's found that:1)The green finance development level has been consistently rising in counties of Zhejiang Province,with notable spatial disparities among them.2)The green finance development level has shifted from primarily low-value areas to predominantly high-value areas,exhibiting clear directional characteristics and a general trend of shrinking distribution range.3)Factors such as technological innovation,deposit level,industrial structure upgrading and environmental pollution exhibit a positive impact,economic development and energy consumption level have a significant negative effect.4)When Zhejiang Province maintains a collaborative development path,the county-level green finance development capacity achieves the highest scores which are 75.46 in 2030 and 78.80 in 2035,respectively.Conversely,under the stable status quo path,the county-level green finance development capability achieves the lowest scores which are 74.78 in 2030 and 77.04 in 2035,respectively.
ecological civilizationgreen financegreen credit and insurancetechnological innovationscenario predictionSD model