A Pathway Exploration of Green Finance Reform Pilot Zone Policies to Promote Urban Green Development: Evidence from China

Abstract

Green development has become an important global strategy for addressing environmental challenges and achieving sustainable development. As a core driver of economic development, the role of finance in supporting green development cannot be ignored. Green finance, as an important branch of the financial sector, provides a strong financial guarantee for green development by guiding the flow of funds to green industries and projects. In this context, based on data from six financial green reform pilot zones in China, this paper explores the current situation of the six green financial reform pilot zones, analyses the impact of green financial policies on urban green development, and discusses in detail the role mechanism between green financial policies and urban green development. This study not only enriches the theoretical framework of the relationship between green finance and green development, but also provides practical guidance for policymakers to optimize green finance policies and promote coordinated regional green growth.