The Study Of Finance Supporting Of The Clean Development Mechanism In Ningxia

Clean Development Mechanism is one of the three performance mechanisms in the Kyoto protocol. And it is the reduction cooperation at the project level between the developed country and the developing country. In that mechanism, the developed country will provide scientific and professional technology and support funds. Then the developing country will execute project emissions, and emission reduction amount can sell to the developed country in return. This is no doubt a multi-win development road. The project not only can help the developed country to fulfil the emission reduction duty, but also bring advanced technology of reduction and abundant gain on foreign exchange for the developing country. At the same time our living environment can get changed. Ningxia’s economic development mode is much extensive because their own resource trait. So Ningxia has become a huge supply province in the whole nation. Executing the Clean Development Mechanism will control carbon emission effectively and immoderate rising and that will bring so much benefits for Ningxia.In the course of implementing the Clean Development Mechanism, the funds provided by the developed country are far from supporting the mechanism, and it needs company to finance. This text’s substance is in the perspective of protecting the environment, and it tries to discuss the situation in the finance supporting of the Clean Development Mechanism. Firstly the text retrospects the study of finance development and low carbon economic growth and the study of finance supporting in advanced techonolgy industry. Secondly the text is based on the theory using data and words to analyze and count the Clean Development Mechanism. Thirdly the text counts relevancy and establishes the regression model to discuss the situation of finance support of the Clean Development Mechanism in Ningxia. The study shows the relevancy of financial development and the Clean Development Mechanism is more than economic development. The model illustrates the financial scale and financial efficiency and financial structure in Ningxia can impact on the Clean Development Mechanism on the vary degrees. Last the text gives its own opinions and suggestions by synthesizing the model and the development of Clean Development Mechanism in Ningxia.