Study On Carbon Finance Based On The Construction Of Poyang Lake Ecological Economic Zone

The development of carbon finance is originated from the Kyoto Protocol, which belong to a branch of Environmental Finance. Due to the current environmental problems are becoming an increasing global concern, the world fully recognize the urgency and importance of environmental issue. Within the framework of the Kyoto Protocol, many countries began to make a multi-faceted cooperation in the environmental field, and promote the development of the low-carbon economy together. Low-carbon economy can’t be separated from financial support firstly, so the development foundation of low-carbon economy must be needed a variety of financial instruments. So it is represented by the three market mechanisms which is leaded from the Kyoto Protocol, and it develop to the new financial model rapidly which is called carbon finance.In2009, the Poyang lake area of Jiangxi province is welcomed the revolutionary change. The Poyang Lake ecological economic development planning was up to national strategic planning, which is the special opportunity. So this paper thinks that the creative development and smooth transition of the area must be needed to eliminate the old development thinking, introduce the new development view. The Poyang lake economic zone is rich in resources, but the economy is not fully developed, so it is important to develop economic on the basis of the protection to the resources and environment. In the constraint of special conditions, the carbon finance as the field of many countries develops should be gradually blended in the development of the fall behind area. The history shows that the development of the economic zone can’t without the support of the finance. Because the blind expansion of capital will bring the deterioration of the resources and environment, so the carbon finance becomes the best choice of this area.In this background, this paper firstly turns to analyze the carbon financial theory and the theory of ecological zone, and the existing research. Then this paper consider the more mature related theory, then analyze the carbon finance and ecological economic development mechanism of action, and proves it by measuring model.Although the time of carbon finance into the economy zone is not long, some foreign countries and other domestic area had some mature experience, which can be the favorable reference to applicant carbon finance in this area. This paper then discusses the experience in the third chapter. First of all, the European and American countries is the beginning to use and develop the carbon finance. Derived from the three trading tools, the trading products have been innovated continuously. Secondly, some emerging developing countries began to do the new development model, which is represented by India’s carbon finance development. As the development stage of India is similar to our country, so its experiences have the most reference value. Finally, some domestic financial institutions and a few highly developed areas are begun to do basic carbon trading, which can lay a foundation to the exploration of the new development.As a lagging ecological economic zone, the Poyang lake area explores continuously development in the support of the finance. The area makes emission reduction goals come true and get great progress in the "eleventh five-year plan" period. The upcoming the twelve five-year plan forwards the new challenge, which need the support of the carbon financial. But there are many problems, such as the single of the development model, the high cost of financing, development backwardness and so on. These problems have limited the fatherly meet to the demands of the market. From the basic present situation, this paper analyzes the feasibility and necessity of implicating the carbon finance in the forth caption. The necessity analyzes the regional development and carbon financial function. The feasibility analyzes the application of carbon finance which uses the SWOT analysis method. This paper has the conclusion on feasibility and necessity.This paper put forward some relevant advice which relates to trade, service, policy three aspects in the fifth chapter. In trade, this paper establishes Poyang lake carbon trading system, to create a carbon trading platform, perfect the relevant trading mechanism. In service, this paper establishes Poyang lake carbon financial organizations service system, including banking, securities, insurance and other organization, which integrate service resources and support the development. In policy, this paper suggests improving fiscal stimulus policy, the government leading policy and supervision coordination policy to promote financial policy system more improvement. This paper tries to use the good benefit of the carbon finance to drive the prosperous, innovative development of the Poyang lake ecological economic zone.