Page 21 - Research on Financial Development Mechanism and Path of Forestry Carbon Sequestration in Developing Countries under Double Carbon Targets

Chapter 1 Carbon Asset Management Practice

if China wants to carry out carbon neutrality in the middle of the 21st century, it must
leverage 70 trillion yuan of infrastructure investment in the past 30 years to achieve the
carbon neutrality target. It needs to be adjusted from industrial structure, economic de-
velopment mode and energy structure, which will bring many investment opportunities
in infrastructure construction, industrial structure adjustment and energy optimization
projects. For example, infrastructure projects such as construction of charging piles, au-
tomation and electrification of transportation facilities, new green buildings and green
renovation of existing buildings, and green energy projects such as wind power, photo-
voltaic, green hydrogen energy, etc. The rapid growth in demand for green investment
and financing markets will increase the variety and quantity of green players in the
market, which in turn will require more diversified and personalized financial services,
especially in the areas of climate investment and financing and the transformation of
high-carbon industries. It is imperative to adjust the financing structure and methods
and innovate and upgrade traditional financial services. Only by forming more new
green financial products and service models can the significance of structural reform on
the financial supply side be fully satisfied.
1.3.3 Establish and improve a green financial assessment and management
mechanism to strengthen risk assessment and response

Improve the relevant financial risk management capabilities and take measures
to deal with risks when various types of climate change occur. Do a good job of pre-
vention in advance, record the financial risks that may be caused by climate change,
sum up the causes and countermeasures of risks in a timely manner, and do a good job
in managing climate risk projects. Make good use of developing various quantitative
credit assessment analysis tools such as environmental stress testing, and use different
analysis tools under different environments. The risk management mechanism of the
carbon market should be checked for defects and corrected in a timely manner. Formu-
late reasonable control targets, implement emission reduction targets to all industries
and enterprises, ensure good implementation effect of carbon trading, and avoid failure
of enterprises due to poor management caused by the implementation of the “two-car-
bon” strategy.
1.3.4 to achieve low-carbon change in the whole society

The realization of the “double carbon” goal is not just an attempt by an individual
or a field, but a social change. Green finance should be extended to all fields and can-

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