Research On The Legal System Of Blue Carbon Trading In China

The United Nations Convention on Climate Change and The Paris Agreement are the foundation of post-2020 climate governance and point out the direction for the development of blue carbon sinks.The forestry carbon sink in international carbon trading relies on the CDM mechanism in the "Convention" to develop.It has developed well in the domestic and foreign carbon trading markets.It not only improves the ecological environment,but also transforms the ecological benefits of forestry into economic benefits.The owner brings considerable profits.Compared with forestry carbon sinks,blue carbon sinks have a higher carbon storage and carbon sequestration capacity,have a broad market prospect,have greater ecological and economic value,and can play a greater role in responding to climate change issues.However,due to research and technical deficiencies,the current market trading of blue carbon sinks is still in a blank state,and my country has not yet established a blue carbon sink trading system.Under the severe background of global warming and frequent severe weather,it is of great significance to study the dual benefits of blue carbon sinks,introduce market mechanisms in the development of blue carbon sinks,and realize the compensation of marine ecological services.The preliminary exploration of blue carbon sink international cooperation and market rules by foreign countries has provided my country with useful practical experience.However,to establish a blue carbon sink trading legal system in China,greater efforts are needed.This article first starts from the issue of rightsization of blue carbon sinks,studies the object of blue carbon sink rights and their legal attributes,and characterizes them as quasi-property rights,providing theoretical support for relevant legislation in the initial period.Secondly,by sorting out the international law conventions on the development of blue carbon sinks,and summarizing the experience of blue carbon sinks in foreign countries,it lays the foundation for building a sound carbon sink trading system in my country.Thirdly,it analyzes the necessity and feasibility of establishing a blue carbon sink trading legal system in depth,and discusses the construction of a blue carbon sink trading legal system and guarantee mechanism.The primary prerequisite for blue carbon sink trading is to carry out the blue carbon sink project to ensure the stability and measurability of the transaction object during the transaction.In order to more satisfactorily realize the economic value of blue carbon sinks,a "carbon sink carry-over" was created to improve the efficiency of the use of blue carbon sinks.Formulate complete blue carbon sink trading market rules,and conduct specific analysis of the subject qualifications,transaction objects,price rules and responsibilities of blue carbon sink transactions to ensure that the transaction is practical and feasible,and avoid unnecessary disputes over rights and interests.Since the blue carbon sink project has long-term development prospects,some investment entities will conduct illegal operations based on profit-driven operations to make profits.Therefore,in this new field,the guarantee mechanism should be coordinated to follow up,and it is necessary to establish a blue carbon sink special fund to strengthen Risk prevention and the establishment of an insurance system for carbon sink transactions.At the same time,it is necessary to improve the protection of the blue carbon sink habitat and strengthen the ecological compensation for the blue carbon sink,so that the ecological and economic benefits of the blue carbon sink complement each other.