Translated Abstract
At present, the absences of the pricing power for international carbon trade market and the dominant right for carbon settlement currency have become issues of concern in the governmental level and the fields of academic research and practice of our country. Due to the important link between the contention of the carbon trade pricing power and the promotion of the RMB internationalization, an important state financial strategy focusing on the introduction of CERs futures in good time could be established. By analyzing differences and similarities for designs of CERs futures contracts of foreign countries and the effects on the trades, in combination of our actual circumstances, this paper explores the designs for Chinese standard CERs futures contracts and proposes some suggestions of the strategic goal, path options and policies for CERs in China.
Translated Keyword
carbon credits
futures contracts
strategies
Access Number
WF:perioarticalCASS_44360777
