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Study on Financial Instruments to Promote the Transition to a Low Carbon Economy

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DOI: 10.23977/ferm.2024.070122 | Downloads: 6 | Views: 159

Author(s)

Qianye Wang 1

Affiliation(s)

1 School of Finance, Hubei University of Economics, Wuhan, Hubei Province, 340000, China

Corresponding Author

Qianye Wang

ABSTRACT

After entering the 21st century, low-carbon economy, as a new economic model based on low energy consumption, low pollution and low emissions, is increasingly favored by all countries in the world. Finance is an important part of the world economy today. And this is a historic challenge and opportunity not only for the development of the global economy, but also for the future of our country's financial industry. This paper intends to explore the current situation and channels of financial instruments promoting the transformation of low-carbon economy under the background of fully understanding the low-carbon economy.

KEYWORDS

Low carbon economy, financial instruments, carbon finance

CITE THIS PAPER

Qianye Wang, Study on Financial Instruments to Promote the Transition to a Low Carbon Economy. Financial Engineering and Risk Management (2024) Vol. 7: 148-153. DOI: http://dx.doi.org/10.23977/ferm.2024.070122.

REFERENCES

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[3] Chen Liuqin. The international trend of low-carbon economy development in the new century [J]. Journal of Chongqing Technology and Business University (Social Science Edition), 2010, 27(02): 11-22.
[4] Chen L Q. Dynamic analysis of green credit development at home and abroad [J]. Bulletin of Decision Consulting, 2010(06):1-10+15.

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