Page 56 - 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

under the condition of limited carbon resources, if an enterprise can take into account
both resources and the environment, use the limited carbon resources to produce bet-
ter-quality products and provide better-quality services in the fierce competition, the
higher the profit an enterprise obtains and the stronger its competitive power, then it
will give more policy preference and consideration when allocating carbon resources.
Therefore, the competitiveness of an enterprise directly affects the value of carbon as-
sets.
According to the above analysis, the assessment of the value of carbon assets needs
to comprehensively consider both macro external factors and micro internal factors, so
as to determine the value of carbon assets more fairly and objectively.
To sum up, under the background of “double carbon”, carbon assets are all kinds of
carbon resources owned directly or indirectly by enterprises in carbon trading activities,
which can bring economic benefits to enterprises. Unlike other assets, carbon assets
have the characteristics of policy, scarcity, homogeneity, property rights and invest-
ment. In addition, based on the prominence of the value status of carbon assets, this pa-
per analyzes the factors influencing the value assessment of carbon assets from macro
and micro perspectives respectively. From a macro perspective, economic development
factors can directly affect the value of carbon assets through corporate profits, carbon
assets and emissions; Government regulatory factors can optimize the allocation of re-
sources through policy norms and policy tilt, ultimately affecting the number of carbon
assets, thus affecting the value of carbon assets; Industrial structure factors affect the
value of carbon assets by affecting the quantity of carbon emissions and profit levels;
Energy structure factors ultimately affect the value of carbon assets by affecting carbon
emissions and the amount of carbon assets. From a micro perspective, the nature of
the enterprise directly affects the value of carbon assets through the amount of carbon
assets; Enterprise size factors affect the value of carbon assets through carbon emission
demand and enterprise operation activities; Corporate competitive factors affect the
value of carbon assets through corporate profits and emission reduction capabilities.
Low-carbon economy has become the mainstream trend of global development. It has
turned China’s “double carbon” target into reality, and has become the focus of theo-
retical research by assisting the “double carbon” transformation through carbon asset
assessment. The influencing factors of carbon asset value assessment under the “double
carbon” target are the core content of carbon asset assessment, and also lay a theoretical
foundation for subsequent carbon asset value assessment.

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