Research On Governments’ Promoting Behaviors Of Carbon Finance Development

In order to promote the development of China’s carbon market, this paper systematicallyanalyzes the government promoting behaviors of carbon finance. The aim of the paper is thatto find out the effective promoting behaviors of carbon finance and to provide suggestions toChina’s carbon finance development through the summary and the analysis of the effects ofdifferent promoting behaviors. First, the paper systematically introduces the promotingbehaviors of carbon finance in the main world carbon market. Second, it empirically analyzesthe relevance between the carbon tax, carbon fund and the carbon finance development. Theresults indicates, that the promoting behaviors of carbon finance includes the promotion oflaws, fiscal policies, financial policies, direct participations and carbon trade systemestablishment. It also indicates that the correlation of carbon fund and carbon financedevelopment is apparently positive and the correlation of carbon tax and carbon financedevelopment is weakly positive. The government should take the some actions includingmaking carbon finance lows, improve the fiscal policies, establish the investmentenvironment and trading system of carbon finance.