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Characteristics, Status and Strategies of Environmental Protection Investment and Financing in China


Affiliations
1 School of Economics & Management, Wuhan University, Wuhan 430072, China
2 School of Management, Wuhan University of Technology, Wuhan 430070, China
3 Institute of Quality Development Strategy, Wuhan University, Wuhan 430072, China
 

Environmental pollution continues to aggravate with the acceleration of industrialization. As a result, the treatment of environmental pollution and protection of ecological environment have become issues of great concern during the social and economic development of China. Fund guarantee is an important link of environmental protection, and reasonable investment and financing strategies are the prerequisites of fund guarantee. To analyse the characteristics and status of environmental protection investment and financing in China and put forward targeted investment and financing strategies, the environmental protection investment and financing methods abroad were summarized. Then, the characteristics and types of current environmental protection investment and financing activities in China were examined. Results show that current environmental protection investment and financing activities in China are characterized by multiple fund sources, dominance of governance investment, and separation between investment and earnings. Specialized foundations for environmental protection, environmental policy funds, environmental pollution treatment project charges, and financial institutional loans are four major types of environmental protection investment and financing in China. There are four major problems, including inadequate total investment amount for environmental protection, unreasonable investment and financing structure, lack of investment and financing mechanism innovation, and lack of diversity of the investment and financing channels. This study’s findings can provide references for decision making in terms of industrial structural transformation and upgrade, development enhancement of the environmental protection industry, and research into environmental protection investment and financing in China.

Keywords

Environmental Protection, Environmental Pollution, Investment And Financing, Industrialization.
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  • Characteristics, Status and Strategies of Environmental Protection Investment and Financing in China

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Authors

Jiaying Li
School of Economics & Management, Wuhan University, Wuhan 430072, China
Zongyi Yin
School of Management, Wuhan University of Technology, Wuhan 430070, China
Feifei Song
Institute of Quality Development Strategy, Wuhan University, Wuhan 430072, China

Abstract


Environmental pollution continues to aggravate with the acceleration of industrialization. As a result, the treatment of environmental pollution and protection of ecological environment have become issues of great concern during the social and economic development of China. Fund guarantee is an important link of environmental protection, and reasonable investment and financing strategies are the prerequisites of fund guarantee. To analyse the characteristics and status of environmental protection investment and financing in China and put forward targeted investment and financing strategies, the environmental protection investment and financing methods abroad were summarized. Then, the characteristics and types of current environmental protection investment and financing activities in China were examined. Results show that current environmental protection investment and financing activities in China are characterized by multiple fund sources, dominance of governance investment, and separation between investment and earnings. Specialized foundations for environmental protection, environmental policy funds, environmental pollution treatment project charges, and financial institutional loans are four major types of environmental protection investment and financing in China. There are four major problems, including inadequate total investment amount for environmental protection, unreasonable investment and financing structure, lack of investment and financing mechanism innovation, and lack of diversity of the investment and financing channels. This study’s findings can provide references for decision making in terms of industrial structural transformation and upgrade, development enhancement of the environmental protection industry, and research into environmental protection investment and financing in China.

Keywords


Environmental Protection, Environmental Pollution, Investment And Financing, Industrialization.

References