Page 67 - Research on Financial Development Mechanism and Path of Forestry Carbon Sequestration in Developing Countries under Double Carbon Targets

Chapter 1 Carbon Asset Management Practice

remedy to the case” and take different audit measures in different fields. Because car-
bon information disclosure can clearly reveal the completion of an enterprise or unit’s
emission reduction work, and is also the main channel for all sectors of the society to
understand the implementation of its emission reduction responsibilities, our audit in-
stitutions should also conduct an all-round audit on the manner, frequency and degree
of detail of carbon information disclosure of each audited institution, so as to make the
carbon information disclosure of enterprises truly play a role.

4.2.3 the “double carbon” under the background of China’s carbon audit de-
velopment facing difficulties
1) Carbon audit lacks legal and regulatory support
In our country, the practice development of carbon audit has taken precedence over
the development of theory and system. Although a professional environmental audit
Committee has been established and a series of emission reduction policies have been
issued under the background of “double carbon”, carbon audit has still not been includ-
ed in the legislative level, which cannot provide uniform norms and clear standards for
the carbon audit procedures and contents. The United Kingdom, which has also incor-
porated emission reduction into its national strategy internationally, has promulgated
a series of policies and measures, and further explicitly written the emission reduction
policy and other contents into the law to make it reach the legislative level; The United
States has specified the “carbon tariff” clause in the bill. In addition, neither the current
“Audit Law”, “Certified Public Accountants Law” nor the “Internal Audit Standards”
clearly define the business scope and authority of carbon audit, which is not conducive
to the smooth development of carbon audit. In the process of carbon audit, many de-
partments often need to cooperate with each other, such as the environmental protection
department and the financial department. However, the lack of unified, specific and
strong laws and regulations to support carbon audit will make each department’s coop-
eration consciousness weak and responsibilities vague. This will undoubtedly increase
the difficulty of carbon audit, increase the cost of work and reduce the quality and effi-
ciency of carbon audit.
2) The linkage and coordination mechanism of carbon audit is weak
The current research shows that although scholars have different opinions on the
cooperation mode of carbon audit subjects, most of them tend to coordinate nation-
al audit, internal audit and social audit, forming a “trinity” cooperation audit mode.
According to the reality of our country: from a vertical point of view, carbon audit is

53