Abstract

China planned to set maximum limits for carbon emissions in 2030. This means China will vigorously develop a low-carbon economy to achieve the low-carbon and sustainable transformation. Carbon financial regulation of multilayered embodies in mainly carbon emissions trading and carbon financial derivatives market is not only a secondary market regulation by the national development and reform commission. In reference to a more mature regional carbon emissions trading formation of information exchange, coordination function, inter-regional coordination mechanism to build legislative carbon trading by establishing cross-regional coordination committee. In this article, establishing a multi-level carbon financial regulatory framework, we can effectively regulate the trading of carbon emission rights and the trading of derivatives, thus providing legal protection for China’s low carbon economy.

Highlights

  • China has made great progress in the construction of ecological civilization

  • In this article, establishing a multi-level carbon financial regulatory framework, we can effectively regulate the trading of carbon emission rights and the trading of derivatives, providing legal protection for China’s low carbon economy

  • Carbon finance is a new financing way combined with CO2 emissions and financing in the view of the climate finance, it has the particularity of carbon quotas financing as a new asset, and has the trading complexity

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Summary

Introduction

China has made great progress in the construction of ecological civilization. Low-carbon and sustainable is an important part of China’s economic transformation. To ensure the development of the carbon finance business from the perspective of climate financing, we need to formulate, improve and innovate the international carbon finance legal system. Controlling the emissions of carbon dioxide is the major method to control the atmospheric pollution. According to this condition, the cooperation of the affected states becomes important. Based on the member state in different carbon development stage of realistic background, a composited cross-regional carbon emissions market is satisfied to establish through scientific positioning function of the market, the main task of the stage, the total control, to perfect the market structure, the Legislation Coordination Mechanism and improve supposing measures etc

Introduction of Carbon Finance
Methods
Feasibility Analysis of Carbon Finance Legislation Supervision
Foreign Experience in Low-Carbon Financial Regulation
EU Carbon Emissions Quota Finance
The Supervision of EU’s Carbon Finance Trading Mechanism
China Low-Carbon Finance Legislation System Construction
Low-Carbon Finance under Government Supervision
Findings
Conclusions
Full Text
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