E3S Web Conf.
Volume 292, 20212021 2nd International Conference on New Energy Technology and Industrial Development (NETID 2021)
|Number of page(s)||5|
|Section||Environmental Sustainable Development and Industrial Transformation|
|Published online||09 September 2021|
How to balance eco-environmental improvement and investment shortage ----- practice from the eco-environmental public-private partnership projects in China
1 School of Economics and Management, Beijing Information Science and Technology University, Beijing, 100192, P.R. China.
2 Laboratory of Big Data Decision Making for Green Development, Beijing Information Science and Technology University, Beijing, 100192, P.R. China.
3 Eco-Environmental PPP Centre, Chinese Academy for Environmental Planning, Beijing, 100192, P.R. China.
4 Department of Public Finance and Investment Research, Chinese Academy for Environmental Planning, Beijing, 100192, P.R. China.
* Corresponding author: firstname.lastname@example.org
Faced with the severe eco-environmental problems and economic slowdown, China started the exploration of public-private partnership mode on eco-environmental protection projects, aiming to solve the disbalance between environmental improvement and investment shortage. This study systematically analyzed the characteristics, policy and market reactions of eco-environmental protection public-private partnership projects since 2014. Till the end of 2018 in China, the number of eco-environmental protection public-private partnership projects was 2,914 and investment was 1.84 trillion RMB, accounting for 33.67% and 13.94% of the total, respectively. The peak year was in 2017, then the number of eco-environmental protection public-private partnership projects dropped significantly in 2018. It is estimated that from 2014 to 2018, the investment from eco-environmental protection public-private partnership projects in the implementation phase contributes to 3.2% of China's GDP, 0.2 % of economic growth. To some extent, it has accelerated the process of ecological and environmental governance in China, especially in the field of municipal environmental infrastructure construction and comprehensive environmental treatment. However, the expected effect of eco-environment improvement from eco-environmental protection public-private partnership projects is difficult to guarantee, with the absence of key mechanisms and policies.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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