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Development Strategy of Carbon Finance in China Under the Low Carbon Economy Context

Year: 2024
Type: article
Abstract: As the concept of green development deepens, China actively promotes a low carbon economic development model, paying close attention to climate issue governance and carbon finance. Vigorously developing the carbon finance market and utilizing market mechanisms to optimize various resources, it provides industrial enterprises with carbon emission models that suit their own development. As the world's largest developing country, China should assume relevant responsibilities when facing global climate issues. Viewing the current development, countries worldwide have enhanced their focus on carbon trading markets and fully recognize the significant role of carbon finance in changing the future international financial landscape. From China's perspective, promoting the development of the carbon finance market and studying the current situation, issues, and strategies of carbon finance market development are crucial. This accelerates the construction of the carbon finance market in China, seeks the right to speak in the global carbon finance market, and thus, solidifies its standing in the international market.
Author: Yezhi Xia
Language: English
Subfield: Finance
Open Access status: diamond
OpenAlex ID: W4404146911
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