Research On System And Decision Of Investment Of Environmental Protection In China

There is more and more environmental crisis in our beautiful earth and in our courty. According to history, human can draw a correct conclusion and selection that is choosing sustainable development way to improve the harmony between human and natural world. Environmental pollution not only brings huge economic damage, but also influences people's living quality significately. If we can't control the pollution efficientely, it will affect our descents'happy life and existence. Thus, environment problem becomes a big challenge in today's world.This dissertation finds that the bottleneck to solve the environment problem is capital. The main reason for the worsening and difficult to improve of environmental problem is the deficiencies of the investment to environmental protect and the low efficiency of the investment to environmental protect. First, the dissertation deeply researches the existing theory of investment to environmental protect, and find the present main research fields and the weakness by now. Then the author can focus her research emphasis. Second, the dissertation studies the reason of environmental pollution and the relation between it and the investment to environmental protect. The author hope we can solve the pollution problem by effective investment to environmental protect. Third, in order to the deficiencies of the investment to environmental protect, the author propose pluralism fundraising channels. We can't only depend on the investment of the government, but to obtain the fund from the market, and attract the social capital to invest the cause of environmental protect. At the same time, the government must give the monetary return to the environmental investors by reduction of tax, loans on favorable terms and subsidy etal. Third, the dissertation studies various investment model and point how to find the best investment model of environmental protect according to concrete condition. At last, in order to solve the low efficiency of the investment to environmental protect, the author research the investment decision methods. The dissertation originally put forward using real option theory to solve the decision of investment to environmental protect. The author try to build a model of investment to environmental protect and carry on imitation calculation on the practical case. The model is proved to be feasible.