Research on Development Model and Innovative Ideas of Chinese Commercial Bank's Carbon Finance Operations

The carbon finance market in China has a very good opportunity to develop, so by launching the carbon finance business commercial banks can promote the development of carbon finance in China. Through introduction the basic model of carbon finance business that foreign commercial banks to participate in and analysis of the three basic business model of the carbon finance business that the Chinese commercial banks to participate in at present stage, this paper draws a conclusion that the Chinese commercial banks shall strengthen the innovation of the financial derivatives, which core is the carbon trading. Then this paper comes up with that Chinese commercial banks can also provide project financing, lease financing, investment, financial management, financial advisory and carbon trading account management for fund, fund custody and trading consulting business to the enterprise, and puts forward related suggestions on the construction of commercial bank's carbon finance business support system. "Carbon finance" refers to the financial activities which is service to limit greenhouse gas emissions and technology projects, such as direct investment and financing, carbon trading and financial activities, bank loans. Financial support can promote the formation of a carbon trading market. The World Bank's carbon finance activities promote the development of the international carbon trading market based on project and the formation of EU emissions trading system. At present, China has set up three exchanges in Beijing, Tianjin and Shanghai, which are related to carbon emissions. Chinese commercial banks have also started to participate in carbon finance business. Promoting the innovation of Chinese commercial banks on carbon finance business model, can not only support the implementation of the energy saving and emission reduction project, but also put a significant guarantee to the development of the carbon trading market in China. Given the condition that carbon trading market in China is still in its early growth, and the market liquidity is lower, and different market segmentation also occurs in the difficult market, commercial banks should enter into the market, and gradually become the important participants.