我国碳金融的风险防范研究

发布时间：2018-01-14 00:03

本文关键词：我国碳金融的风险防范研究　出处：《郑州大学》2014年硕士论文　论文类型：学位论文

【摘要】：为了缓解温室效应加剧这一现象,实现经济发展与环境保护的协调发展,世界大部分国家都在致力于发展碳金融、循环经济等业务,然而随着国际上各个国家对于碳金融的重视,碳金融得到了快速发展的同时,也带来了碳金融风险。由于碳金融比传统的金融更加复杂,由此带来的风险也更加难以控制。我国属于温室气体排放大国,因此存在着繁荣的碳金融市场,我国金融机构在积极参与碳金融活动的同时,也要注意这一金融创新业务所带来的挑战与风险,如果碳金融风险得不到有效的防范,将会对整个金融系统甚至国民经济带来不可估量的损失。碳金融风险就是各交易主体和经济社会在碳金融活动中遭受损失的不确定性,主要包括项目风险、政策风险、经济风险、市场风险、操作风险和信用风险几个类别。防范这些碳金融风险的流程可以概括为风险识别、风险评估和风险控制三个方面,即在风险发生前凭借经验或者感性认识对风险进行有效识别,风险发生后利用定量或定性分析方法对其进行评估,在有效识别和评估的基础上,风险管理者利用各种措施,通过各种途径来减少或消除风险损失。我国碳金融市场还处于初级阶段,碳金融市场体系和风险管理体系还不够健全。因此,有必要借鉴欧盟等发达国家的碳金融风险防范经验,为我国顺利开展碳金融业务提供帮助。欧盟等国家在进行碳金融风险应对方面,主要是采用共同注册制度、碳身份证明制度、现货场外市场交易以及价格柔性机制等。我国可以在借鉴这些经验措施的基础上,设计出专门针对我国碳金融市场的风险管理体系。我们可以从金融机构、政府和国家战略三个层面来进行风险防范,银行等金融机构应积极建立相应的风险防范内控机制,政府应从完善政策体系、构建碳交易平台、鼓励金融机构积极参与碳金融活动和对碳金融交易进行监管等方面来为碳金融风险防范作出努力,国家战略层面应把碳金融纳入可持续发展的战略中、推进人民币国际化进程、完善碳金融交易法律建设以及加强国际交流等,这样才能对有效防范碳金融风险提供保障。对我国碳金融的风险防范进行研究具有非常重要的现实意义,有利于我国有效的进行风险管理,规范我国碳金融市场体系。虽然由于数据资源的限制不能进行大量的实证分析,但是可以对各个风险的度量方法进行总结,为以后进行碳金融风险研究提供依据,也为我国以后开展碳金融业务、进行碳金融风险防范提供参考。
[Abstract]:In order to alleviate the greenhouse effect aggravate this phenomenon realize the coordinated development of economic development and environmental protection most of the countries in the world are committed to the development of carbon finance circular economy and other business. However, with the international attention to carbon finance, carbon finance has been rapidly developed, but also brought about carbon financial risks, because carbon finance is more complex than traditional finance. The risks are more difficult to control. China is a large greenhouse gas emission country, so there is a prosperous carbon financial market, while our financial institutions are actively involved in carbon finance activities. We should also pay attention to the challenges and risks brought by this financial innovation business. If carbon financial risks are not effectively prevented, it will bring incalculable losses to the entire financial system and even to the national economy. Carbon financial risk is the uncertainty of losses suffered by various trading bodies and economic society in carbon financial activities, mainly including project risk, policy risk, economic risk, market risk. The process of preventing these carbon financial risks can be summarized as risk identification, risk assessment and risk control. That is to say, the risk is identified effectively by experience or perceptual knowledge before it occurs, and it is evaluated by quantitative or qualitative analysis method after the occurrence of risk, on the basis of effective identification and evaluation. Risk managers use various measures to reduce or eliminate risk losses. China's carbon financial market is still in the primary stage, the carbon financial market system and risk management system is not perfect. Therefore, it is necessary to learn from the European Union and other developed countries carbon financial risk prevention experience. The European Union and other countries in carbon finance risk response, mainly adopt the common registration system, carbon identity certification system. Spot over-the-counter trading and price flexibility mechanism. On the basis of these experience measures, we can design a risk management system for China's carbon financial market. We can learn from financial institutions. Government and national strategy to carry out risk prevention, banks and other financial institutions should actively establish the corresponding risk prevention internal control mechanism, the government should improve the policy system, build carbon trading platform. Encourage financial institutions to actively participate in carbon finance activities and the regulation of carbon finance transactions to make efforts to prevent the risks of carbon finance, the national strategic level should integrate carbon finance into the strategy of sustainable development. Only by promoting the process of RMB internationalization, perfecting the legal construction of carbon finance transaction and strengthening international exchange, can we guarantee the prevention of carbon financial risks. It is of great practical significance to study the risk prevention of carbon finance in China, which is conducive to effective risk management in China. Although we can not do a lot of empirical analysis because of the limitation of data resources, we can sum up the measurement methods of each risk. It provides the basis for the future carbon finance risk research, and also provides the reference for our country to carry on the carbon finance business in the future, carries on the carbon finance risk prevention.
【学位授予单位】：郑州大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：X196;F832.5

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