Chinese Development Model Of Carbon Finance

Greenhouse effect caused global warming, and gave birth to the concept of low-carbon economy. While as low-carbon economy can not develop without the support of financial activities, the concept of carbon finance was created. Through global efforts, an international corporation agreement has been signed to reduce carbon dioxide emissions. Since then, carbon finance is in full swing. As one of the largest carbon dioxide emitter of the world, China should participate in international carbon finance activities, and should also establish its own carbon finance system gradually.Based on existing researches regarding international carbon finance, the main types of carbon finance have been identified as carbon trading, carbon banking and carbon capital in the thesis. According to the basic reality of China, a "three-step" development model of carbon finance is proposed, and then some policy recommendations are put forward to support the future development of carbon finance in China.