This paper first reviews the development history of campus loans in China and the scale of Internet finance consumption, then conducts a survey of the status of college students’ financial literacy by using universities and colleges in Hunan as an empirical study. Basing on the survey results, we can find the general lack of financial literacy among college students. Finally, it expounds the cultivation path of college students’ financial literacy from three aspects in China, namely, establishing financial information security awareness, cultivating financial risk prevention awareness and improving financial discrimination ability, so as to control campus loan risks.

Extreme climate shocks cause agricultural yield reductions and increase long-term climate risk, altering farmers’ long-term production decisions and affecting green agricultural development (GAD). We take the 2008 snow disaster in China as an extreme climate shock, calculate the GAD index by the entropy weighting method, and use the difference-in-difference method to study the extreme climate shock’s impact on GAD. The results show that: (1) Extreme climate shocks are detrimental to GAD, with the snow disaster decreasing China’s GAD level by 3.07%. (2) The impacts of extreme climate shocks are heterogeneous across climate and economic zones, with greater impact in humid and developed regions. (3) Extreme climate shocks affect GAD mainly by reducing farmers’ willingness to cultivate, and increasing energy consumption, fertilizer, and pesticide input. (4) Extreme climate shocks do not reduce agricultural yields in the long run. Still, they reduce the total value of agricultural production and decrease the quality of agricultural products expressed in terms of unit value. The findings of this study have policy implications for developing countries in coping with extreme climate shocks and promoting GAD.

Rainfall fluctuations are the major threats caused by climate change. This paper analyses the impact of seasonal rainfall fluctuations on rural poverty using panel data for 992 counties, which are located in humid zone in the south of China from 2000 to 2018. The findings are as follows: (1) Rainfall fluctuations significantly affect rural poverty, specifically, increased rainfall significantly alleviates rural poverty in the dry season, but aggravates rural poverty in the rainy season. (2) The effect of rainfall fluctuations on rural poverty is significantly heterogeneous in different regions. (3) Rainfall fluctuations put low-income areas at greater risk of returning to poverty. (4) The mechanism through which rainfall fluctuations affect rural poverty is agricultural production, and market regulation can mitigate the shock of rainfall fluctuations. Our research provides policy implications for developing countries to address the risks of poverty from climate change.