Research On Influence Factors And Evaluation Of Provincial Carbon Finance Development Potential In China

Since the British Industrial Revolution,global carbon emissions have increased dramatically.In order to protect the ecological environment,the countries of the world signed the Kyoto Agreement,which gave birth to carbon finance.As far as China is concerned,the carbon finance is unbalanced.The actual development situation of carbon finance in each province and the core factors affecting the development potential of carbon finance are still unclear in each province.Therefore,Mining key constraints and quantitatively evaluating the development potential of carbon finance in different provinces will not only enrich the evaluation system of carbon finance development,but also help to formulate relevant policies with the actual situation of each province,so as to promote the coordinated development of carbon finance in ChinaFirstly,this paper introduces the relevant theories and development status of carbon finance in China.Secondly,it systematically analyses the influencing factors and mechanism of carbon finance including economic factors,population factors,technological innovation ability,system and law.Thirdly,this paper chooses 38 evaluation indicators from the influencing factors,and uses cluster analysis,correlation analysis and Gini coefficient to screening index.Then,based on the multidimensionality of the evaluation indicators,the POS-PP was selected to evaluate the development potential of provincial carbon finance in China.Not only the best projection direction vectors of the indicators and the comprehensive projection values of provinces were obtained,but also the spatial evolution characteristics of provincial carbon Finance in China were analyzed by using the comprehensive projection values.Finally,the countermeasures and suggestions to promote the development potential of carbon finance in China are put forward from the aspects of development of industrial structure,carbon financial products,high technology and personnel trainingThe main conclusions of this paper are as follows.Firstly,during2008-2012,the development potential of carbon finance in China’s provinces is relatively decentralized.From 2014,the development potential of carbon finance in China shows a trend of agglomeration in the Middle East.Secondly,in general,the development potential of carbon finance in East China and North China is the highest,the development potential in South China and Northeast China is second,the development potential in Central China and Southwest China is slow,and the development potential of carbon finance in Northwest China is the slowest.The most important factor affecting the development potential of China’s carbon finance is technological innovation capabilities and industrial structure.In addition,environmental regulation policies have a greater impact on the development potential of carbon finance in Northeast,Southwest,Northwest and central in China.The scale of economic development has great influence on the development potential of carbon finance in South China.Furthermore,the population size to southwest,the population size to the southwest and northwest,the financial factors to North China and East China have a greater impact on the development potential of carbon finance.Accelerating economic speed,compulsory emission reduction environmental regulation policy is more effective than encouraging environmental regulation policies,reducing urban unemployment rate and increasing the natural growth rate of population can promote the development potential of carbon finance.Finally,the growth of economic scale,the policy of environmental regulation of compulsory emission reduction and urban unemployment rate reduction is more effective than accelerating economic speed,stimulating environmental regulation of emission reduction and increasing the natural growth rate of population to promote the development potential of carbon finance.