Abstract
This paper gives a systematic view over the new trends of global carbon finance innovation under the challenge of global climate change and in the process of the transformation of ways to achieving economic growth from high-carbon to low-carbon.It takes angles from the following aspects: the structure,status quo and developing tendency of the worldwide carbon market.The paper discusses the innovation in financial organizations and service providers against climate change and governments' overall guidance and policy support.It draws the conclusion that the world is undergoing massive changes with governments actively responding to carbon finance to embrace the tremendous opportunities for clean energy and climate change in financial industry.To seize that,a complete and overall carbon finance system of China is top on the agenda.Given the current tasks of energy conservation and pollution reduction and the growing demand of capital input,China needs to build an all-direction system of policy guidance,a diversified system of service providers,and a multi-level system of carbon finance to intensify and widen the participation of financial industry,to expand financing channels and spread risk of sustainable economy,and finally work out an inexpensive solution for China's low-carbon prospect.
Sign-in/Register to access full text options 
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 callMore From: Chinese Journal of Population Resources and Environment
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.
