Coupling and Coordination Research on Green Finance and Ecological Civilization Construction in Xinjiang

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.