This paper selects the manufacturing data at the provincial level from 2012 to 2021, uses the entropy method to construct the regional manufacturing green transformation index, and uses the five provinces that joined the green finance experimental zone in 2017 as the sample, and uses the double difference method to analyze the promotion effect of green finance policy on the regional manufacturing green transformation. The results show that the establishment of the green finance experimental zone can significantly improve the green transformation of regional manufacturing industry. Therefore, when formulating the development goals of green financial policies, we need to make them from different perspectives. The government must play a leading role, increase its support for manufacturing enterprises and share the potential risks of enterprises in green technological innovation. According to the local economic development level and environmental quality, the direction of key areas of green financial support should be determined in an overall way to avoid the waste of resources.

Jing Li. Research on the Influence of Green Finance on Green Transformation of Manufacturing Industry. Academic Journal of Business & Management (2024) Vol. 6, Issue 1: 56-62. https://doi.org/10.25236/AJBM.2024.060108.

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