Initial Study on the Development Issues of Guangdong Carbon Emission Trading Market
At home and abroad, the demand of carbon emission trading is now sharply increasing. The development of Guangdong carbon trading market not only enjoys such advantages as advanced production capacity, strong innovative capability of emission reduction technology, close connection in the Pearl River Delta, but also faces constraints, such as inadequate regulation of emission reduction, lack of ventures' credibility, insufficiency of financial services, and the risks caused by the changes of the international regulation and exchange competition. The countermeasures, as stipulated by the authors of the essay, cover the followings: to intensify the regulations on emission reduction, to develop domestic and international cooperation in carbon trading, to develop carbon finance products, to accelerate innovation on carbon reduction, to set up exchange agencies, to prevent excessive competition, and to nurture carbon trading talents.
Guangdongresponsibility of carbon emissioncarbon emission trading marketcountermeasure