A Study on Carbon Financing Innovation of Financial Institutions in China

Abstract

In the past few years, commercial banks and other financial institutions have devoted to the development of financial products and financial services innovation, which becomes a new bright spot in the development of international financial market. It provides a huge space for developing carbon finance system. Chinese low-carbon economy has made considerable progress, but the development remains at a relatively early stage. This paper presents several bottlenecks of involvement in carbon finance of Chinese financial institutions, the establishment of a carbon credit trading platform, strengthening the impact of financial institutions as fund agent and trading agent and promoting the innovation of carbon financial products.