Zhejiang Province is a developed province in China. Over the years, the scale of economic development has been expanding. At the same time, Zhejiang province attaches great importance to reducing carbon emissions and has achieved remarkable results. Based on the grey correlation theory, this paper analyses the influencing factors of carbon emission in Zhejiang Province, and puts forward a series of suggestions for realizing carbon emission reduction in Zhejiang Province. The results show that the factors affecting carbon emissions in Zhejiang Province, in order of importance from high to low, are as follows:total population; total GDP; financial investment in education; financial investment in environmental protection and financial investment in science and technology. Therefore, in order to achieve the goal of carbon emission reduction in Zhejiang Province, we should focus on the following aspects: controlling the population and advocating green consumption; Improving the green growth level of local economy; increasing education expenditure to improve the people’s awareness of energy saving and environmental protection; increasing financial science and technology expenditure to develop advanced carbon emission reduction technology; Further increasing investment in environmental protection to purchase and configure more advanced environmental protection equipment.