The protection and restoration of mine geological environment need funds. At present, mines closed due to resource exhaustion, bankruptcy, change of mining rights due to reorganization and illegal closure all have more or less environmental geological problems, and some even have serious problems. The victims can't get reasonable economic compensation, which leads to the intensification of social contradictions and the increase of unstable and disharmonious factors. It is of great social and environmental significance to speed up the protection and restoration of geological environment in closed pit mines and existing mines. It is necessary to improve the economic policy of mine environmental protection, establish a diversified and multi-channel investment mechanism, mobilize the enthusiasm of all sectors of society, and properly solve the funding problem of mine environmental protection and governance. For the destruction of mine geological environment caused by mining in history and the responsible person cannot implement it, according to the situation that the original mine belongs to the central and local governments, the central and local governments respectively allocate special funds for governance. For mines that have been developed for a long time or are close to being closed, the mine environment is seriously damaged, and the mining enterprises are unable to undertake the governance due to economic difficulties. The government subsidizes and the enterprises share the governance. For production mines and newly-built mines, according to the principles of "whoever develops will protect", "whoever destroys will govern" and "whoever governs will benefit", a deposit system and a compensation mechanism for mine environmental restoration will be established. Local governments should formulate preferential policies for mine environmental protection and mobilize the enthusiasm of mining enterprises and society to participate in mine environmental protection and governance.

It is necessary to establish a multi-channel source of special funds for mine ecological environment restoration and management. In the protection and management of mine geological environment, the market mechanism is introduced, and the financing methods of the state, local governments, enterprises and the masses are adopted. Establish policies such as support, encouragement and tax reduction and exemption, implement tax reduction and exemption for mining enterprises that have done a good job in mine environmental protection, and severely punish mining enterprises that have suffered serious damage and pollution, so as to solve the bottleneck problems of insufficient investment in mine ecological environment restoration and management and low enthusiasm of mining enterprises from the system.