Action mechanism and policy suggestions of patient capital to promote high-quality development of water infrastructure
Jing Xiaodong
Tian Guiliang
Sun Meng
Abstract：With the challenges of global climate change and population growth,the high-quality development of water resources management and water infrastructure has become increasingly important.Patient capital is a crucial investment to promote the development of new quality productivity forces of water in a more efficient and sustainable direction and provide a new channel and strategy for water infrastructure investment.Through analyzing the problems of investment and financing mechanism in the field of water conservancy infrastructure construction,combed the concept definition of patient capital and compared it with traditional capital,systematically summarized the successful application of patient capital in infrastructure investment,and analyzed in detail the critical role of patient capital in promoting the construction of water conservancy infrastructure and the compatibility of patient capital with the characteristics of investment and financing of water conservancy infrastructure.Finally,we put forward corresponding policy recommendations on further optimizing the legal and policy environment of public-private partnership(PPP),establishing and improving the financial incentive and subsidy policies of water conservancy projects,optimizing the financing mode of water conservancy infrastructure,promoting the innovation and broad application of water conservancy technology,and strengthening the assessment and monitoring of environmental and social benefits.These recommendations aim to offer insights for enhancing water infrastructure's sustainability and long-term benefits.
Keywords：water infrastructurepatient capitalnew quality productivity forces of water conservancywater resources managementsustainable development
Publication Date：2024-07-27
Online Publishing Date：2025-08-15(First online date of this platform, not the publication date of the document)
Pages：6( 67-72 )