Research On Water Resources Securitization And Investment And Financing

Human beings had been struggling to fight against water since ancient times.Dayu became China's first king through water conservancy,and it could be concluded that rulers must fix problems of water during each period of time.Water resources on human values are considered as wealth,at the same time water also has a wealth of two characteristics: property rights,can be monetized.All the resources of securitization,securitization on the valuation and expected future earnings.If the resources in the future after making profits,then the resource is the meaning of the securitization of investment and financing,on the other hand,there is no,water resources,as a kind of future earnings of natural resources,has the securitization and the investment and financing conditions.Securitization of water resources,investment and financing is that some people have not yet been studied,the study of the problem can effectively broaden the financing channels of water resources,increasing the efficiency of the development and utilization of water resources,solve the waste of water resources,prevent water pollution of the environment.Asset securitization is the most important financial innovation tool in recent decades,but with water as the research subject of research in China is still in the blank stage,so our country's water resources construction is an urgent need to introduce a new investment and financing mechanism.Choose article "Water securities and investment financing" as the research content,the main contents are as follows: First,a detailed study of the properties of water reserves and assets of information,and classify water resources;second,for each type of water resources to build a comparative model by calculating the comparative model,the formation of "water Quality index" this is similar to a digital stock index,to facilitate comparison between the pros and cons of water resources;third,innovation proposed future earnings as water water pricing method resource pricing guidelines monetization water resources;fourth,designed water reserve asset securitization model,proposed the use of water resources investment company set up ways to solve water securitization;fifth,we propose water resources securitization financing process conclusions and suggestions,such as the establishment of local water resources investment and financing companies,and strengthen government regulation,development of appropriate laws and regulations and the establishment of the relevant regulatory authorities,etc.through the above measures to protect water resources and securitization investment and financing to achieve the desiredobjectives.Sixth,summarize related research conclusions and make relevant policy recommendations.Publications: 1.Water is a natural resource assets can be securitized investment and financing,investment and financing of water resources have practical significance,can solve the current situation of water shortage.2.The use of water resources securitization more rational use of water resources,to solve the problem of uneven distribution of water resources.3.The proposed model similar comparison between the water,forming water resources evaluation index.4.Establishment of a water pricing model derived by calculating the total value of water pricing models.5.based on the principle of asset securitization,water proof from securitization funds,assets homogeneity,asset-backed liquidity,etc.,proposed to set up a special purpose company contributed to the securitization of water resources.6.Construction of water investment and financing system.Securitization and financing of water resources the feasibility and necessity.It should introduce appropriate laws and regulations,improve the institutional mechanisms for water investment and financing,use of water resources to strengthen macro-control of the economy.Securitization of Water Resources is the key to solving the problem.