Abstract:Under the background of supply-side structural reform and beautiful Guangdong construction, the development of green finance has become an important path for Guangdong to achieve economic transformation and green development. Based on ArcGIS, GeoDa and Matlab2016 software, this paper builds a fixed-effect spatial Dubin model with the urban economic data of 21 prefecture-level cities in Guangdong from 2010 to 2016, and empirically analyzes the development and the influencing factorsof green finance in Guangdong Province.The result found that: (1) Guangdong's green finance development has strong aggregation effect and spatial spillover effect, and the development level presents regional imbalance characteristics; (2) regional GDP, financial development degree, air quality and education level are the main factors which affecting the evolution of the spatial pattern of green finance development in Guangdong Province, andobviouslythis four factors exist spatial spillover effects; (3) the level of financial development and air quality will inhibit regional green finance development; (4)Compared with the degree of financial development andair quality, regional GDP and the level of education do play an important role of promoting green financial development both within the region and between regions. At the end, this paper alsoputs forward countermeasures and suggestions for promoting the development of green finance in Guangdong Province.