Page 46 - Research on Financial Development Mechanism and Path of Forestry Carbon Sequestration in Developing Countries under Double Carbon Targets

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

systems, which results in their not participating actively in spot trading of carbon emis-
sion rights, and often only participate in carbon trading in order to complete emission
reduction targets. This is not conducive to the market to judge the trend of carbon price.
In addition, carbon price often fluctuates violently, which makes carbon asset manage-
ment difficult for enterprises with heavy carbon consumption. Li Qiuchen proposed that
power generation enterprises have poor operability in carbon asset management details,
and lack systems such as corporate carbon asset management measures, emission sta-
tistics management regulations, emission reduction project development management
regulations, quota performance and transaction management regulations.
Unbalanced cost and benefit of carbon emission reduction
At present, the cost required by enterprises for carbon emission reduction is rela-
tively high. The fundamental reason is that their energy-saving and emission-reduction
technologies are not mature. Most power generation enterprises have not optimized,
modified and upgraded their carbon emission-reduction equipment, which cannot
guarantee that enterprises can meet the production targets and energy-saving and emis-
sion-reduction requirements simultaneously. Liao Maolin and others put forward the
traditional principle of generating rights transaction, which is based on the marginal
cost of generating electricity of the transferee unit being lower than the marginal cost of
the transferor unit, pursuing the maximization of economic benefits unilaterally, with-
out comprehensive analysis of environmental benefits such as carbon emissions.
3) Uneven development of project types
The lack of project resources in relevant fields, the complexity of emission reduc-
tion monitoring and the immature development technology will cause the enterprises
to be unable to obtain emission reduction records. Unnewehr et al. proposed that most
power generation enterprises lack project resources in relevant fields, have no reference
to industry standards, and have relatively backward development technology, which
results in the absence of a project type to be developed. The unbalanced project de-
velopment type directly results in the adoption of voluntary greenhouse gas emission
reductions to complete the performance, and the performance cost of power generation
enterprises is significantly increased.

2.3.4 carbon asset management optimization recommendations

1) Improve the carbon asset management system
In view of the current imperfect carbon asset management system, Hu Xiaoyu and
others suggested that reference could be made to the establishment of a carbon asset

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