气候变化领域集成服务门户(CCPortal): Assessing the maturity of China's seven carbon trading pilots

CCPortal

DOI	10.1016/j.accre.2019.09.001
	Assessing the maturity of China's seven carbon trading pilots
	Liu Z.; Zhang Y.-X.
发表日期	2019
ISSN	1674-9293
英文摘要	Indicators based on the developed version of the Capability Maturity Model were set up to access the maturity degree of China's seven pilot carbon markets from 2013 to 2017. Results show that the maturity degree of Shenzhen and Beijing pilot carbon markets ranks first; while those of Guangdong, Hubei, and Shanghai rank second. Tianjin and Chongqing rank lowest. Most of pilot markets failed to perform well on price efficiency except Shenzhen. There is significant disparity in the scores that the pilot carbon markets got, with a range from 9 to 73. The drivers to maintain market maturity is different among the pilot markets, either with a good performance on market structure, scale, or efficiency could lead to a certain score. Much could be done to increase the maturity level of the carbon market. Further downscaling the firm size, raising the legislation level, and increasing the participation of the third party entities may help the carbon market to grow healthier. © 2019 National Climate Center (China Meteorological Administration)
英文关键词	Carbon market pilots; China; Market efficiency; Market scale; Market structure; Maturity assessment
语种	英语
来源期刊	Advances in Climate Change Research
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/89149
作者单位	Policy Research Centre for Environment and Economy, Ministry of Ecology and Environment, Beijing, 100029, China; National Climate Center, China Meteorological Administration, Beijing, 100081, China
推荐引用方式 GB/T 7714	Liu Z.,Zhang Y.-X.. Assessing the maturity of China's seven carbon trading pilots[J],2019.
APA	Liu Z.,&Zhang Y.-X..(2019).Assessing the maturity of China's seven carbon trading pilots.Advances in Climate Change Research.
MLA	Liu Z.,et al."Assessing the maturity of China's seven carbon trading pilots".Advances in Climate Change Research (2019).