Promoting Regional Economic Green Development through Green Finance

Abstract

With the continuous advancement of industrialization, the demand for traditional energy sources such as coal and oil has grown significantly. While this trend has driven rapid economic growth, it has also led to the deterioration of ecological environments and living conditions, highlighting the increasingly prominent contradiction between economic development and environmental protection. In order to protect the ecological environment while maintaining economic progress, the Chinese government has formulated a series of targeted policies based on practical development needs, achieving notable results. Within the financial sector, green finance has emerged as both a core and a goal of financial industry development. It plays a vital role in realizing low-carbon goals, improving living environments, and promoting high-quality regional economic growth. However, as green finance is still in a developing phase, its potential to drive high-quality regional development has yet to be fully unleashed in practice. This paper explores the role of green finance in addressing these contradictions and offers corresponding strategies based on real-world conditions to meet the demands of future sustainable development.