Carbon insurance products have been rising internationally with the rise of carbon trading for nearly a decade.China's carbon insurance products are still in the initial stage,but the prospect is broad.Based on the"insurance+futures"model of agricultural products,the paper innovates car-bon futures insurance products,takes 4 insurance products as examples,conducts pricing and sensi-tivity analysis under the Monte Carlo method,and finally makes a case analysis of enterprise A.The results show that the insurance products have obvious hedging effect,among which the insurance rate of China's national carbon trading market is the lowest,and the insurance rate of the EU carbon trading market is the highest.The target price and market volatility have obvious effects on the four insurance rates.The risk-free rate has less effect.The impact of barrier option"touch"strike price and spread option cover price on premium rate is obvious,while the impact of cap settlement price is small.
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