Research On Financial Mechanism Innovation Under The Ecological Compensation PPP Model

There is a saying that “green mountains and green mountains are gold mountain and silver mountain”.In recent years,China's economy relied on the rapid development of large-scale development and utilization of resources,and the contradiction between resources and environment and economic development has become increasingly fierce.It is true that the traditional economic growth mode of consuming ecological resources for economic development is more convenient and faster,and it is easy for a country to grow its economy.but it also brings about adverse effects such as increased extreme weather,imbalance of ecosystems,and increased soil erosion.The new Communist Party of China clearly pointed out that the main contradictions in our society have been transformed into contradictions between the people's growing needs for a better life and inadequate development imbalances,and to point out a series of guiding opinions aimed at promoting the construction of ecological civilization.Emphasis is placed on the establishment of an environmental governance system with government-led,enterprise-oriented,social organizations and the public to participate in the establishment of a sound and market-based and diversified ecological compensation mechanism.Through system design and guarantee,a high pressure is formed that does not dare to destroy the ecological environment.The situation and social atmosphere provide institutional guarantee for the realization of beautiful China.With such system design,the leading role of the government is reflected in the overall planning,supervision and service.The main position of the enterprise is reflected in the investment,financing,construction,operation and risk-taking.The ecological compensation PPP model is the specific path to implement this system design.Although the ecological compensation project has public welfare,it lacks stable cash flow.It is difficult for financial institutions to favor without the government's credit enhancement and effective mortgage financing.Its PPP model is difficult to implement,and China's ecological compensation fund gap is huge,and it needs to absorb social capital.How to give full play to the role of government-led and corporate subject status,and in accordance with market principles and sustainable development,it is necessary to explore a financial mechanism innovation that emphasizes commercial principles and gives full play to the enthusiasm of market participants.This paper systematically sorts out the status quo and problems of the ecological compensation PPP model,and constructs the financial mechanism of the ecological compensation PPP model.It is mainly divided into five aspects,namely: value excavator system,ecological compensation and credit enhancement mechanism,integration mechanism of industry and finance,Risk sharing mechanism and exit mechanism.The use of value excavator system creates commercial value for ecological resources;the ecological credit mechanism constitutes effective industry supervision;the integration mechanism of industry and finance emphasizes the development of new industries and realizes the sustainable development of ecological resources;the financial risk policy mechanism emphasizes the prevention of risks in advance,for the project The operation provides guarantee;combined with the exit mechanism to safeguard the interests of all parties involved in the project,the five sectors complement each other,thus forming a financial market with strict logic and strict system,which will help China further study the sustainability of ecological compensation.