Research On The International Climate Finance Institution In The Post-tyoto Era

The concept of climate finance was put forward on the Copenhagen climate conference,which means in the process of responding the climate change, the developed countriesprovide financial support to the developing countries for mitigation and adaptation.International climate finance institutions is a legal system which regulates the climate financemechanism and the relevant legal issues. At present, in order to ensure that climate financesource is adequate and reliable, and the capital operation mechanism is efficient andtransparent, the international community need to sign universally binding internationaltreaties, contracting states should transfer the treaties into domestic law as soon as possible.This paper can be divided into five parts when removed the preface and the conclusion.It is the introduction of climate finance institution in part one which will discuss theevolution, source and the controversies of the funding mechanism. After the discussion of theconcept of climate finance, the author analyses the funding mechanism under the UNFCCCand other international treaties. Then, elaborate the conflict which concludes source andmanagement of funding between the developed countries and the developing countries.Part two will discuss the source of the climate finance, examine the funding sourcemechanism in the regime of UNFCCC, combined with historical responsibilities taken bydeveloped countries and funding demand of the developing countries, the author will pointout that the source can be divided into two parts, one is public funding provided by developedgovernments, another is applied through market mechanism.Part three is the distribution of climate finance funding, which will analyse thedistribution of the funding mechanism. It is pointed out that the distribution mechanism has tobe designed from two aspects, the arrangement on the distribution of the program financesand the standard of the distribution, to balance the relation of efficiency and fairness infunding distribution. Comparing to mitigating activities, adapting activities have the priorityto be financed.Part four focuses on the trend of climate finance institution. It systematically discussesthe finance institution in Copenhagen Agreement and Cancun Agreement and the suggestionstowards the establishment of climate finance institution from various countries andinternational organizations, such as the proposals from developing countries led by Group of 77Countries and China, and the proposals from developed countries led by United States. Onthe basis of the discussion, this part draws the trend of international climate finance institution:establishing new climate funding and enlarging the access to finance.Part five focuses the strategies on international climate finance institution for China. Itdiscusses the current climate finance institution in china, points out the flaws and proposessolutions for international climate finance institution from domestic and transnationalperspective. On international level, by coordinating different interests and take public andprivate funds at same level, China should develop universal climate finance legal system,improve the policy of energy-saving and emission-reduction, and conduct reform on financemanagement to ensure the implement and efficiency of the programs.