Abstract

There has been a financial trend in China’s carbon market. However, the legal and policy pathways in China have not specifically focused on carbon finance, which has led to some suspicions about the legitimacy and efficiency of the carbon market. China is following an ambiguous and complicated route in the financial market rules and specialized regime of the carbon market. Meanwhile, the EU has classified carbon emission allowances as financial instruments, and adopted financial market rules for all segments of the carbon market. On the basis of the financial regulation in the EU this paper will try to find an appropriate legal and policy pathway to carbon finance in China. Application and exemptions as regards financial market rules concerning different market participants and their behaviors will be suggested.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.