RuiXia Zhu, Han Hsing Yu
This study explores in depth the impact of green finance on green technology innovation from the perspective of resource allocation. Against the backdrop of increasingly severe global environmental issues, green technology innovation is seen as a key force in promoting sustainable development. Green finance, as a financial model mainly focused on environmental protection, energy conservation, clean energy and other industries, plays an important role in providing financial support and guidance for green technology innovation. This study first outlines the theoretical basis between green finance and green technology innovation, revealing the inherent connection between the two. On this basis, we analyzed the mechanism of the impact of financial resource allocation on green technology innovation, including fund guidance, risk diversification, market incentives, and other aspects. Through empirical research methods, we further validated the specific impact of financial resource allocation on green technology innovation. Research has found that green finance effectively promotes the development of green technology innovation by optimizing the allocation of financial resources. Specifically, green finance provides a stable source of funding for green technology innovation projects by providing financial instruments such as special loans and green bonds; At the same time, through risk assessment and management, the investment risk of green technology innovation projects has been reduced, and investor confidence has been enhanced. In addition, green finance also guides social capital to flow into the field of green technology innovation through market mechanisms, promoting the widespread application and industrial development of green technology.