In the context of carbon neutrality, green transformation is the trend. As a starting point of green environmental protection, green finance is a new model of financial development, which plays a crucial role in China's overall economic future towards the goal of high-quality development and green sustainability.Therefore, the pilot development of green finance for the city and thus promote the national is not only a positive response to the national strategy, but also to meet the needs of economic development.This paper selects a typical representative of the city-Shanghai, analyzes the transmission mechanism affecting economic growth, and analyzes the current situation of green finance in Shanghai.This paper uses Shanghai as an empirical econometric analysis to study the impact of green finance development on regional economic growth. In response to the empirical conclusions, solutions are proposed: first, the government should strengthen the policy promotion of green finance and improve the efficiency of green finance development, and second, the financial market should accelerate the development of green financial products and increase investment in fixed assets.

Zhang Wen. Research on the Impact of Green Finance on Regional Economic Growth--Empirical Evidence from Shanghai Municipality. Academic Journal of Business & Management (2023) Vol. 5, Issue 23: 106-112. https://doi.org/10.25236/AJBM.2023.052316.

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