Research On The Impact Of The Development Of Carbon Trading Market On The Economic Value Of Forest Carbon Sink

Forest carbon sink refers to the ability,process or mechanism of forest plants to absorb carbon dioxide from the atmosphere through assimilation and fix it in the plant body and soil in the form of biomass during the growth process.It can be used as one of the varieties of carbon emission rights trading to realize its economic value through market mechanisms.With the continuous development of the domestic carbon trading market,purchasing forest carbon sinks through market channels to offset carbon emissions will be the future development trend.Its economic value will be affected by multiple impacts of the carbon trading market.However,the carbon trading market has an impact on the forest carbon sink economy.There is a lack of theoretical research and empirical analysis on the influence mechanism of value and its significance.Therefore,this article aims to explore the impact of the development of the carbon trading market on the economic value of forest carbon sinks.First,confirm the relevant concepts and characteristics of the carbon trading market and forest carbon sinks,and explain their development status.Secondly,based on the economic value evaluation model of forest carbon sinks,it analyzes the influencing factors of the economic value of forest carbon sinks from the perspective of carbon emission reduction and carbon price,and the link between the economic value of forest carbon sinks and the carbon trading market is drawn.Thirdly,it theoretically analyzes the influence mechanism of the carbon trading market on the economic value of forest carbon sinks.Fourth,use the carbon price and carbon trading volume data of the carbon market in Guangdong Province from 2017 to 2020 to establish a regression model,and verify the impact of the development of the carbon trading market on the economic value of forest carbon sinks,the conclusions are as follows:(1)Based on the carbon asset pricing model,the economic value of forest carbon sinks mainly depends on the two variables of project emission reduction and transaction price.Among them,the amount of carbon emission reduction is mainly affected by the area of forest land,forest growth,national low-carbon policies and the carbon market policies of various provinces and cities,and the transaction price is mainly affected by market supply and demand;(2)The carbon trading market mainly affects the certified emission reductions and transaction prices of forest carbon sinks in terms of policy restrictions,market prices,and carbon trading volumes,thereby having an indirect impact on the economic value of forest carbon sinks;(3)The carbon market price has a more significant impact on the economic value of forest carbon sinks.From the perspective of the carbon trading market,the factors affecting the economic value of forest carbon sinks are calculated and analyzed.Finally,relevant suggestions are made on how to promote the development of forest carbon sinks.