Research on Development Status and Countermeasures of Carbon Sequestration Finance in Chinese Cigarette Manufacturing Industry

Abstract

The purpose of this study is to put forward countermeasures for the development of carbon sequestration finance in China's tobacco industry. This paper mainly adopts the methods of literature review, induction and deduction, and data analysis to analyze the operating mechanism of Carbon sink finance in China and the current situation of carbon sink finance in China's tobacco industry. Carbon sinks the financial results of the study is the Chinese tobacco industry is carbon sequestration project development and high transaction costs low profits, the carbon trading market is not active carbon sink tobacco industry financial development, insurance products for carbon sinks such problems as insufficient financial support carbon sink financial development, China's carbon emissions need detailed and clear as soon as possible the tobacco manufacturing enterprises quota, carbon sequestration project cost reduce tobacco manufacturing industry, Improve the participation of market subjects including tobacco manufacturing enterprises in carbon sink trading market, construct the tobacco industry carbon sink industry chain, improve the corresponding carbon sink mechanism, and attract private capital to join the tobacco industry carbon sink financial project.