Information Disclosure Of Listed Companies Of Carbon

Frequency of extreme weather phenomena, causing more and more people are concerned about climate issues, particularly global warming, not only that, once lost control of the climate problem, followed by the retreat of glaciers, rising sea levels, river ( Lake) later freeze and earlier melting of ice, melting permafrost, longer growing season in high latitudes, early flowering of some plants, reduce the number of certain animals and plants and animal and plant distribution to the polar regions and high altitude areas and other natural effects of extended and will human social and economic environment, an immeasurable negative impact. Therefore, the Government, organizations and individuals have joined the ranks of the global response to climate change, the common face of this global problem."United Nations Framework Convention on Climate Change" and "Kyoto Protocol" is a concerted international response to climate change are two important results obtained, the purpose is to stabilize greenhouse gas concentrations in the atmosphere in the climate system does not harm the level of carbon dioxide and other greenhouse gases by controlling the emissions and combat global warming may bring adverse effects to human beings. Meanwhile, the "Convention" in accordance with national economic development, provides a "common but differentiated responsibilities" principle, and arranged for the international emissions trading scheme (IET), Clean Development Mechanism (CDM) and Joint Implementation (JI) are three flexible mechanism, the actual situation of their country specific arrangements visual reduction process on the emission reduction through market-oriented and flexible operation mode. China is the world's second-largest greenhouse gas emissions by country, but as a developing country, has become an international document has not been mandatory emissions constraints, therefore, in our country's greenhouse gas emission reductions in the CDM mechanism into a commodity, sold to other demand side, especially those with strong demand but subject to mandatory emission reduction constraints in developed countries.Carbon finance and carbon finance market development is the trend, but our carbon finance contrast, a late start, has been set up carbon trading market is still small, trading activity is mainly based on the trading of specific projects; carbon finance a single species, confined to the basic in credit and financial settlement business; carbon finance market participation of financial institutions is not high, it is difficult to fully play the role of the financial system; In addition, the corresponding laws and regulations of the market is not perfect, the market intermediary service system is not yet mature, but also a lack of regulatory experience . Therefore, the development of carbon finance market direction as to establish unity, maturity and standardization of the national market.Information covering the company carbon emissions of greenhouse gases, climate change may bring with them the risks and opportunities related to climate change and corporate strategy and a series of comprehensive information of listed companies is an important factor in valuation. Carbon Disclosure of Listed Companies on the order of the carbon finance market has a positive effect, but the current system of this system is far from perfect, this method of using law and economics, information disclosure of listed companies carbon theoretical analysis system, combined with analysis of current situation and international reference for the further improvement of the system to make recommendations.