【摘要】 碳金融一般指温室气体排放权交易以及与之相关的各种金融活动和交易的系统。碳排放权及其相关交易形成了不同的市场模式。碳排放权价格直接影响企业减排动力和碳排放权市场能否有效运行。碳金融定价研究主要集中在寻找影响排放权价格的关键因素,建立排放权及其衍生品的价格波动行为和相关定价模型,分析各种价格之间的联动关系上。发达国家已开始争夺在碳金融体系中的主导权,必须构建符合中国特色的碳金融体系,争取在全球碳金融体系中的话语权和主动权。更多还原

【Abstract】 Carbon finance generally refers to the greenhouse gas emissions trading system in connection with the various financial activities and transactions.Carbon emission rights trading formed different market models.The initial allocation of carbon emission allowance set up the primary carbon finance markets.The distribution of carbon emission allowance free or by auction methods in one country has their pros and cons.The market price of carbon emission rights directly affect the emission reduction motivation and carbon emission market’s ability to effectively run,the validity of the development of the market even has an important impact on the overall macroeconomic environment and climate.The research of carbon pricing focused on finding the key factors which affect the price of emission rights,its derivatives price volatility behavior and pricing model,and on the linkage between the various prices.Generalized carbon finance includes low-carbon economy,carbon investment and financing business,consulting and intermediary service guarantees,even entire climate risk management. Developed countries have begun to compete for dominance in the carbon financial system.The carbon financial system must be constructed to comply with Chinese characteristics and strive to have a greater voice in the global carbon financial system and the initiative,which is the key strides which we must take for the commanding heights of the low-carbon economy.更多还原