Framework And Operating Mechanism Research On Chinese Forestry Carbon Sequestration Market

Global climate warming is one of the biggest environmental problems,also an austere challenge of the human facing in the 21st century.In the joint efforts of the international community, international institutions have signed the "United Nations Framework Convention on Climate Change" and "Kyoto Protocol." "Kyoto Protocol" has developed three flexible mechanisms of greenhouse gas emissions reduction,while clean development mechanism is the only one for reducing emissions that is co-operation between developed and developing countries.According to regulations,forest carbon-sink projects under the clean development mechanism is an important type of project,since it provides an opportunities to the developed countries through the implementation of forestry projects in the developing countries to offset their some greenhouse gas emissions.This is a great significance to the development of forestry,and brings about new opportunities for the development of international forestry,but also for China's forestry development.To develop forest carbon-sink projects and to promote the establishment of Chinese Forestry Carbon Sequestration Market will be major challenges for the development of forestry.This article uses this as a starting point and is based on the research background on forest carbon-sink market,the development of the status quo,the purpose and significance for forest carbon-sink projects.Subsequently,this paper is based on two basic analysis of the market for forest carbon-sink:First,visit the elements of International Forest Carbon Sequestration Market and its operating mechanism.The article studies the formation of its market,market structure,its characteristics and the market factors.At the same time,it analyses the operating mechanism of International Forestry Carbon Sequestration Market from the supply and demand mechanism,the price mechanism,the risk of mechanism,financing mechanisms and so on;second,designs a model for Chinese Forestry Carbon Sequestration Market;figures out the necessity and feasibility to establish Chinese Forestry Carbon Sequestration Market;and points out a suggestion of a phased establishment of government-led and market-based forest carbon-sink market.And provides market factors and operating mechanism of a market system for Chinese currently non-Kyoto-based Forestry Carbon Sequestration Market,and supplemented by the Kyoto market.Finally,based on the analysis of these issues,this article gives some advices on Chinese Forest Carbon Sequestration Market including the legislative preparations for the project to enhance carbon-sink property rights system,reduction transaction costs,preparation Climate Exchange and the establishment of strict monitoring system and so on.Through research and analysis,we can draw the basic judgments:Trading forest carbon-sink is becoming an important factor in resource development of forestry in China.Therefore,to build the Chinese Forest Carbon Sequestration Market and the design of their operational mechanism has a very important theoretical and practical significance,as it can resolve some problems,for instance the effective carbon-sinks project in the promotion of the growth of forest resources,strengthen the forestry ecological construction,at the same time,it provides theoretical preparation for Chinese Forest Carbon Sequestration Market.