Author(s)

Xiaoyan Tang ¹

Affiliation(s)

¹ School of Economics and Management, Nanchang Institute of Science and Technology, Nanchang, Jiangxi, China

Corresponding Author

Xiaoyan Tang

ABSTRACT

With the intensification of global environmental pollution, the economies of various countries are also affected. In this case, green industry came into being. Green industries can not only produce social benefits, but also protect the ecological environment. Green industry is the future economic development trend of various countries. However, the green industry would also encounter various operational problems, such as the source of corporate funds, the utilization efficiency of corporate funds and so on. In view of the above problems, this paper conducted data analysis and research on green industry financing from the perspective of sustainable development. The research results showed that: under the grid-connected operation mode, the comprehensive cost of co-evolutionary genetic algorithm (CGA) on typical days in summer and winter was 332.4 and 73.73 lower than that of genetic algorithm (GA), respectively; in the isolated network operation mode, the comprehensive cost of CGA on a typical day in summer was 28.11 lower than that of GA; CGA helped to reduce comprehensive costs and improve efficiency, which helped to improve the financing efficiency of green industries.

KEYWORDS

Green Industry Financing, Sustainable Development, Co-evolutionary Genetic Algorithm, Genetic Algorithm, Elite Optimization Objective Function

CITE THIS PAPER

Xiaoyan Tang, Financing Efficiency Evaluation of Environmental Protection Business Economy Green Industry Oriented to Sustainable Development. Population, Resources & Environmental Economics (2024) Vol. 5: 84-98. DOI: http://dx.doi.org/10.23977/pree.2024.050209.

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