{"title":"Exploring the research situation of carbon finance: A scientometric analysis on Web of Science database","authors":"Zhengzhong Wang , Yunjie Wei , Shouyang Wang","doi":"10.1016/j.jclimf.2022.100003","DOIUrl":"https://doi.org/10.1016/j.jclimf.2022.100003","url":null,"abstract":"<div><p>As the impact of climate change emerges gradually, an increasing number of countries realize the importance of administering and limiting the emissions of greenhouse gases, especially carbon dioxide. The notion of carbon finance is put forward in this context. This paper analyzes 1513 articles related to carbon finance from the Web of Science database. We first conduct statistical analysis where we ascertain the overall growth trend of research, publication sources, research regions, research institutions and core authors. Then, we carry out cluster analysis and construct the co-citation networks to determine the research hotspots, landmarks, turning points and the collaborative relationship among authors. We also build a time zone chart, showing the research focus at different historical stages. This research provides a systematic and comprehensive understanding of the research status of carbon finance and offers that future research opportunities lie in distributional effects and closed-loop supply chains.</p></div>","PeriodicalId":100763,"journal":{"name":"Journal of Climate Finance","volume":"1 ","pages":"Article 100003"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2949728022000037/pdfft?md5=61d5380d2063737da95587fa1e3bf62c&pid=1-s2.0-S2949728022000037-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72240752","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"China’s carbon market: Development, evaluation, coordination of local and national carbon markets, and common prosperity","authors":"ZhongXiang Zhang","doi":"10.1016/j.jclimf.2022.100001","DOIUrl":"https://doi.org/10.1016/j.jclimf.2022.100001","url":null,"abstract":"<div><p>Launching national carbon market with the power sector is a good start to achieve the commitments to both carbon peaking and carbon neutrality at the lowest cost. Since its operation, the carbon prices fall CNY40∼60 per ton. The block agreement transaction dominates trading, but with an average discount rate of 9.6% in block agreement, the aforementioned carbon prices overestimate the overall carbon prices. While the compliance rate measured against entities reached 94.4%, it differs significantly across provinces, ranging from 82.9% to 100%. Entities engaging in trading are mainly for compliance, and therefore transaction is driven by compliance. This article argues that the development of carbon market requires further reform of the electricity pricing mechanism and coordinated development of various related markets. The article argues that iron and steel, cement industry, and electrolytic aluminum should be given priority for inclusion of the national carbon market in the second batch, suggests necessity to establish a national carbon trading legislation and a scientific long-term mechanism for quota allocation, and emphasizes the importance of small entities in achieving the full compliance. Given the co-existence of national carbon market and regional carbon pilots, the article suggests the specific areas for the regional carbon markets to take the initiative to strengthen the synergistic effects of national carbon market. Furthermore, the article strongly recommends to continuously increase the proportion of carbon allowances auctions, and to set up a transformation fund from the proceeds of paid allocation of allowances to support regions at low levels of development and technology.</p></div>","PeriodicalId":100763,"journal":{"name":"Journal of Climate Finance","volume":"1 ","pages":"Article 100001"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2949728022000013/pdfft?md5=9e9c84d1532e8f01346a0813081603fc&pid=1-s2.0-S2949728022000013-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72240753","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Exploring the research situation of carbon finance: A scientometric analysis on Web of Science database","authors":"Zhengzhong Wang, Yunjie Wei, Shou-wu Wang","doi":"10.1016/j.jclimf.2022.100003","DOIUrl":"https://doi.org/10.1016/j.jclimf.2022.100003","url":null,"abstract":"","PeriodicalId":100763,"journal":{"name":"Journal of Climate Finance","volume":"45 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77535116","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}