Clean Development Mechanism (CDM) is adopted on the Third Conference of the Parties(COP3)of "United Nations Framework Convention on Climate Change".It is a flexible compliance mechanism to assist Annex I countries achieving greenhouse gas emission reduction. The emergence of CDM financing has provided new areas and opportunities for our county to make money to develop domestic economy.The purpose of this study is to make further discussion of the current CDM investment and financing model, as well as to build CDM investment and financing cooperation between local governments. Based on the study of current CDM theories ,this thesis abtains the definition of the new model and analyzes the current development of CDM investment and financing model , The thesis obtains the limitation of the current model is just building between countries. According to the principles of CDM investment and financing, as well as the imbalance of China's regional economic development, CDM investment and financing can be applied to our local governments, so China can build investment and financing model between local governments. In comprehensive analysis of building our local governments'cooperation of CDM investment and financing,With a combination of qualitative and quantitative analysis ,I use AHP(Analytic Hierarchy Process) to make sure the model can be used in our country .With the limitations of AHP , I use game theory to study the construction of the model to make sure the model is scientific and workable.the construction contains the struction,mechanism and operation. At last,I propose suggestions of constructing the model :strengthen the government's CDM abality,attract local governments and enterprise participating. |