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Study on optimization for central financial special fund of environmental protection

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L.U. Yuantang
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The central special fund of environmental protection is the main channel for the central government to make financial input into the environmental protection in China, which plays an important role in leading the environmental investment of local finance, enterprises and society. Based on the current situation, the article analyzes the scope and emphases supported by various environment special funds. Results show that the special fund lacks the effective integration, tends to be emergency-oriented and needs effective supervision.

In light of those problems, the paper probes how to optimize the environmental protection special fund in China and makes some recommendations, such as coordination among various government departments with regard to the use of special funds, establishing a performance-based payment mechanism, founding the state environmental protection investment company as well as strengthening the control of the capital flow, etc.