The Research On Fiscal And Financial Policy About Low-carbon Economy Development In Ordos

Climate changing with the feature of warming is significant and universal concerned by international social global environment problem, at the same time, countries of the world is facing with these crisis and challenge.Therefore, all the countries develop corresponding guidelines and policies one after another and regard Low-carbon economy as the first choice. As the second major greenhouse gas emission country in the world, total carbon emissions is increasiing continuously. That is why development of Low-carbon economy is becoming inner requirements of promoting our country's economic growth pattern. This paper views Ordos as an example, by means of research and consult abroad developed countries fiscal and monetary policies in aspect of promoting Low-carbon economic growth, analysis how to develop Low-carbon economy and what policies should be formulated in fiscal and financial institutions of those new cities where coal is major energy resources. Ordos city have better development in low-carbon economy what is significant to our country taking coal as main resource.The paper analysis and research abroad developed countries applied fiscal and monetary policies based on environmental and economic development theory and theory of financial innovation in order to improve low-carbon economy. At the same time, predict the future emissions of carbon dioxide in Ordos adopting LEAP model through taking into account the specific realities of Ordos and conclude that development of low-carbon economy is final choice. In this paper, the method of SWOT is used to analysis whether the development of low-carbon economy is Ordos's economy route. Then we find that financial sector as a resource of funding, through government funding, green procurement, allowance, should input more into energy-saving products and encourage enterprises to produce energy-saving products, individuals to consume them so that low-carbon economy can be developed. Financial institutions should actively develop financial derivatives related to carbon, encourage private capital to be used in the establishment of carbon-funding and the apportion of green credit, through fostering carbon trading and financial market of carbon, in order to promote the development of Ordos's low-carbon economy.The paper consults that developing Low-Carbon is the final choice of Ordos after thoroughly analysis and research. Financial instruments should make corresponding measure guide enterprise and individual research and explore energy conservation and emission reduction products, wind, solar and other reusable resources based on specific realities of Ordos in order to change extensive model. At the same time, these instrument should also lead social take part in the construction of Low carbon social by means of procure green products by government and offer allowance to the development and consumption of Low emission products.