A Study On The Development Of Carbon Finance Products In Hebei Province

By the impact of the global warming and international financial crisis, low carbon economy as the new model of economic development began spring up in the world. The low-carbon economy has expedited the carbon finance production and the development. The carbon finance products play the role of leverage in the development of the carbon finance and provide risk aversion and hedging instrument tools for investors and effectively promoting the establishment of low carbon finance market. Energy consumption and carbon dioxide emissions of Hebei Province are large. Development of carbon finance products can promote the development of carbon finance of Hebei province. But currently there are large number of constrain factors in Hebei Province. Therefore, the research carbon finance products has important practical significance.The article is divides into five parts. Chapter 1 is mainly introduces the background, the significance, the research status of our country and abroad, the research method and innovation. Chapter 2 is the overview of carbon finance products. First, it expounds the meaning of carbon financial products; then analyzes the theoretical basis of carbon financial products and the simple development. It is a good foundation for the next research. Chapter 3 analyzes the necessity of developing carbon finance products and current situation and constraint factors of Hebei Province. The development of carbon financial products can effectively promote carbon finance in Hebei Province and the development of low carbon economy. But at present, there are lots of restricting factors as follows:not yet truly establishes the carbon finance idea, the local authority necessary support policy has not been able to follow up, lack the unification promptly the carbon transaction system and the authentication standard, the professional and the technology base scarce and the intermediary market not yet truly establish and so on. Chapter 4 is the study about the carbon finance products of domestic and abroad. Currently, there is a certain development not only the domestic and international carbon-based financial products, but also the derivatives. This is good to the development of Hebei Province. Chapter 5 is the development countermeasure of Hebei Province carbon finance product. This is the core of the article. Through the above analytical study, as well as profits from the domestic and foreign related experience, obtains Hebei Province to be possible to have the following innovation in the carbon finance product development:Mortgage Carbon Emissions, Carbon Factoring, Financial Products Carbon Fund, Carbon Trust Classes and other carbon financial products. About the carbon finance product development's system safeguard in the Hebei Province, as follows:the transformation idea, the promotion understanding, enlarge the government related drive policy support dynamics, constructs the unified carbon to trade the platform, sets up the carbon finance professional troop, establishes and consummates the intermediary market and so on.