Carbon Pricing and Emissions Trading: Financial Mechanisms for Driving Climate Action and Sustainable Finance
摘要
This chapter studies the crucial role of carbon pricing and carbon emissions trading in climate action. The research studies the economic basis and role of carbon pricing and elaborates in detail the development process of the carbon emissions trading system. Based on this, this paper proves the importance of climate policies through empirical research. Furthermore, the study discusses the limitations of carbon pricing and offers relevant policy suggestions. Against the backdrop of increasingly serious climate risks nowadays, this chapter’s detailed analysis of carbon pricing policies provides strong policy recommendations for policymakers, enterprises and investors.