Coupling and Coordination Research on Green Finance and Ecological Civilization Construction in Xinjiang
Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v5i2.1956
Abstract
Since the national proposal to construct a green financial system, Xinjiang has three pilot areas for green finance. The connotation of green finance shares similarities with the basic requirements of ecological civilization construction. This paper analyzes the coupling mechanism between green finance and ecological civilization construction, and conducts research based on the coupling coordination model. Through the study, it is found that the ecological civilization construction in Xinjiang is improving year by year, while the development of green finance fluctuates significantly. However, the overall trend of both tends to be of high-quality coordinated development. Green finance and ecological civilization construction can promote each other, fundamentally being a complementary relationship. Therefore, from the perspective of promoting the development of green finance, it is believed that Xinjiang should promote the development of green finance from three dimensions: broadening the sources of green finance funds, improving the mechanism of matching supply and demand of funds, and enhancing the efficiency of fund allocation.
Keywords
green finance, ecological civilization, entropy method, coupling coordination model
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[6] Liu Sha, Liu Ming. Green Finance, Economic Growth, and Environmental Changes: Is it Possible for the Northwest Region to Achieve the "Paris Commitment" with Environmental Index?[J]. Contemporary Economic Science, 2020, 42(01):71-84.
[7] Fu Yaping, Peng Zhengqin. Development of Green Finance, R&D Investment, and Regional Economic Growth: Empirical Evidence Based on Provincial Panel Threshold Model[J]. Statistics and Decision Making, 2020, 36(21):120-124.
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[9] Zhang Yuzhe, Han Yinfeng, Zhang Shuo. Measurement and Interactive Response of Coupling Coordination between Green Finance and Ecological Civilization in Shandong Province[J]. Ecological Economics, 2023, 39(04):221-229.
[10] Zhang Qiang, Luo Shengfeng, Huang Yi, Huang Yanling. Study on the Spatio-temporal Evolution and Influencing Factors of the Coupling Coordination Degree between Ethnic Tourism Industry and Ecological Civilization Construction[J/OL]. Journal of Guilin University of Technology: 1-13.
[11] Li Meng, Pan Jiahua. Reconstruction of China's Ecological Civilization Construction and Ecological Culture Paradigm[J]. Guizhou Social Sciences, 2021(12):20-28.
[12] Huang Maoxing, Zhang Jianwei. Spatio-temporal Pattern and Influencing Factors of Coordinated Development between Ecological Civilization Construction and New Urbanization: A Case Study of Fujian Province[J]. Journal of Fujian Normal University (Philosophy and Social Sciences Edition), 2021(01):40-54+169-170.
[13] Wang Yao, Pan Dongyang, Zhang Xiao. Study on the Contribution of Green Finance to China's Economic Development[J]. Economic and Social Systems Comparison, 2016(06):33-42.
[14] Zeng Xuewen, Liu Yongqiang, Man Mingjun, Shen Qilang. Analysis of the Measurement of China's Green Finance Development Level[J]. Journal of Yan'an Cadre Institute of China, 2014, 7(06):112-121+105.
[15] Li Zuojun. Basic Ideas for Evaluation and Assessment of Ecological Civilization Construction[J]. Economic Observer, 2014(09):18-23.
[16] Gu Shuzhong, Hu Yongjun, Zhou Hong. Scientific Connotation and Basic Path of Ecological Civilization Construction[J]. Resource Science, 2013, 35(01):2-13.
[17] Xie Tingting, Hu Yangzhu. Research on the Coupling Coordination between Green Finance and Ecological Efficiency under the Dual Carbon Targets[J]. North China Finance, 2022(12):15-27.
[18] Qiu Zhaoxiang, Liu Yongyuan. Promoting Ecological Civilization Construction through Green Finance[J]. Theoretical Exploration, 2020(06):83-89.
[19] Bi Guohua, Yang Qingyuan, Liu Su. Coupled and Coordinated Development of Provincial Ecological Civilization Construction and Urbanization in China[J]. Economic Geography, 2017, 37(01):50-58.
[20] Li Qian, Hu Hao, Li Mingsheng, Zhang Yinjun, Song Jinping, Zhang Jianhui, Zhang Fengying. Study on Comprehensive Evaluation of China's Ecological Civilization and Coordinated Development of Environment, Economy, and Society[J]. Resource Science, 2015, 37(07):1444-1454.
[21] Lewis J I. The evolving role of carbon finance in promoting renewable energy development in China[J]. Energy Policy, 2010, 38(6): 2875-2886.
[22] Criscuolo C, Menon C. Environmental policies and risk finance in the green sector: Cross-country evidence[J]. Energy Policy, 2015, 83: 38-56.
[23] Falcone P M, Morone P, Sica E. Greening of the financial system and fuelling a sustainability transition: A discursive approach to assess landscape pressures on the Italian financial system[J]. Technological Forecasting and Social Change, 2018, 127: 23-37.
[24] Owen R, Brennan G, Lyon F. Enabling investment for the transition to a low carbon economy: Government policy to finance early stage green innovation[J]. Current opinion in environmental sustainability, 2018, 31: 137-145.
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