ANALYSIS ON THE INHIBITION OF GREEN FINANCE ON CARBON EMISSIONS IN FUJIAN PROVINCE UNDER THE NEW DEVELOPMENT PATTERN

Abstract

This paper studies the relationship between green finance and carbon emissions, aiming at finding ways to curb carbon emissions in Fujian Province, and then adding theoretical basis for carbon reduction in China. By collecting and sorting out the relevant data of Fujian's carbon emission intensity, green investment and green insurance from 2005 to 2019, and using the multiple linear regression model, this paper analyzes and discusses whether green investment and green insurance have an inhibitory effect on Fujian's carbon emission when they work together. It is found that when green investment and green insurance work together on carbon emissions in Fujian Province, they can play a positive role in curbing carbon emissions. Therefore, we should vigorously develop green finance, realize the transformation of economic green development, improve the development system of green industries, encourage and guide social funds to flow into the field of ecological protection, and provide a strong guarantee for the development of green finance in China.