Research On The Financing Mode Of China's Carbon Fund

In twenty-first Century,the continuous rise of air temperature is a serious threat to the normal life and economic activities of human society.The problem of global warming has become one of the most urgent problems to be solved.In order to solve this problem,countries all over the world together,have developed a "United Nations Framework Convention on climate change" and the "Kyoto Protocol",in order to reduce greenhouse gas emissions targets and formulated a clear solution;the 2005 entry into force of the "Kyoto Protocol" is the creation of the proposed three complementary market mechanism for carbon the establishment of the market of emissions trading system,emissions reductions can be converted to the intangible goods available for international transactions,which directly promote the emergence and development of the carbon market.2012 the Kyoto Protocol expires,China as an international power to assume the responsibility of the United Nations to build new environmental standards.In 2015,after difficult negotiations,the "Paris agreement" agreed at the Paris Conference on climate change;in the agreement under the background of all countries in the world according to their own economic development initiative to fulfill the emission reduction plan targets;China promised emissions of carbon monoxide China two will reach the peak in 2030 in the independent contribution plan submitted by the government.To guide the development of low carbon economy in China to seek early peak,at the same time commitment unit carbon dioxide emissions of domestic GDP decreased 60%-65% lower than in 2005,non fossil energy accounts for the proportion of primary energy consumption 20%.In order to achieve the above goals,the Chinese government needs to develop low-carbon economy and build a carbon trading market system.Carbon fund as a perfect tool of carbon finance carbon finance market,started late in China,is still in the initial stage,and mature operation compared to carbon fund is still a certain gap in the management,the size of funds,financing.Financing is the most critical process of the fund,the result of the financing determines the nature of the carbon fund,the mode of operation,investment,profit distribution and so on.This paper is based on the background of the development of low-carbon economy,the carbon fund in the global development and the current research progress;comparative analysis of characteristics that domestic carbon fund shortage and through the research of domestic and foreign financing mode;according to the characteristics of the current domestic situation and economic development of a new proposed domestic private interventional carbon fund,the financing mode of PPP carbon fund financing,carbon tax,carbon fund under the background of Internet financial financing mode and docking financial intermediaries financing five financing modes and based on the study of the five kinds of financing mode,to explore the feasibility of China carbon fund docking at present.Finally,according to the development level of China's current carbon fund,the paper puts forward policy suggestions from different angles,such as market risk,legal system and so on.China's carbon fund to build a complete,mature and efficient mode of financing,investment and financing needs first in all aspects of its risk control,the risk in the range of acceptable grasp of investors;secondly government needs to improve the construction of the legal system,improve the carbon trading market,provide a good development for the hotbed of carbon fund;multi channel expand the financing channels,open private capital investment channels;multi channels to promote carbon fund,increase public awareness,enhance the effect of carbon fund.