Fintech innovation in green finance: A disruptive force or a complementary tool?

This study deeply analyses the key role of FinTech in promoting the development of the green finance market through multiple econometric models. The study finds that FinTech significantly improves the transparency and efficiency of green finance market, especially in countries with developed economies and sound regulatory environments. The study reveals the important role played by FinTech in emerging markets, alleviating the structural challenges of green finance development by improving access to funds and enhancing risk management. The study also finds that, although FinTech promotes the development of green finance in various markets, the risks it brings are significantly different for developed and emerging markets. This paper not only verifies the positive impact of FinTech on green finance market but also provides empirical evidence for global policymakers to formulate differentiated strategies, emphasizing the importance of local regulatory and policy support for the integrated development of FinTech and green finance.