Table 2 Green fintech evaluation system.

From: Green fintech contributes to environmental sustainability—based on empirical evidence from China

Primary indicator

Indicator

Calculation method

Green finance

Green credit

Total credit for green projects/Total regional credit

Green investment

Investment in environmental pollution control/Regional GDP

Green insurance

Revenue from environmental pollution liability insurance/Total insurance premium income

Green bonds

Total amount of green bonds issued/Total amount of bonds issued

Green support

Environmental protection expenditure from government finances/General budget expenditure of local finances

Green funds

Total market value of green funds/Total market value of all funds

Green equity

(Carbon trading + energy rights trading + emission rights trading)/Total equity market trading value

Financial technology

Inclusive finance

Peking University Inclusive Finance Index

Blockchain application

National-level pilot city for blockchain innovation and application

Artificial intelligence

Artificial Intelligence Baidu Index

Development foundation

Cumulative number of registered financial technology companies

Development potential

Number of newly registered financial technology companies in the current year