Papers

Construction of China's marine carbon sink trading market

  • XIE Sumei ,
  • LUO Wuli ,
  • HE Yixiong ,
  • HUANG Huamei ,
  • LI Chunlin
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  • 1. South China Sea Institute of Planning and Environmental Research, State Oceanic Administration, Guangzhou 510310, China;
    2. School of Marine Science and Engineering, Nanjing Normal University, Nanjing 210023, China;
    3. College of Economics & Management, Zhejiang Ocean University, Zhoushan 316022, China;
    4. Southern Marine Science and Engineering Guangdong Laboratory (Zhuhai), Zhuhai 519000, China

Received date: 2021-08-12

  Revised date: 2021-10-19

  Online published: 2022-01-08

Abstract

The marine carbon sink serves as an important global strategy for mitigating and adapting to the climate changes. In order to let the marine carbon sink to play the role of promoting the low-carbon economy and the sustainable development, it is necessary to study its market mechanisms. This paper analyzes the advantages and the disadvantages of promoting the marine carbon sink’ s market transactions using the theoretical methods based on different disciplines such as the economics, the management, and the sociology. And from the aspects of the construction principles, the model selection, the development path, the element design, the operation mechanism and the safeguard measures of the marine carbon sink trading market, the construction strategy of China's marine carbon sink trading market is comprehensively analyzed and discussed. It is shown that, first, for the construction of China's marine carbon sink trading market, a market-combined government model should be adopted, along with a phased development path arrangement. Second, the construction of the marine carbon sink trading market should include various market elements, such as the supply and demand, the price, the risk and other market operating mechanisms and supporting mechanisms. Third, the continuous and effective operation of the marine carbon sink trading market should be ensured from four aspects: the organizational leadership, the top-level design, the scientific research and the talent training.

Cite this article

XIE Sumei , LUO Wuli , HE Yixiong , HUANG Huamei , LI Chunlin . Construction of China's marine carbon sink trading market[J]. Science & Technology Review, 2021 , 39(24) : 84 -95 . DOI: 10.3981/j.issn.1000-7857.2021.24.010

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