供应链碳资产质押融资模式下碳排放权最优定价

在低碳经济背景下,碳资产质押融资模式能有效利用利益来驱动、挖掘供应链的减排潜力,实现多主体协同减排。本文从碳资产质押融资模式的两阶段(单个企业参与、供应链整体协同)入手,解析了碳资产内部交易的定价机理,并运用影子价格模型等分别求出每个阶段碳资产的最优定价。然后,结合数值分析对该最优定价的影响因素作进一步探讨。最后,从创新政府调控、优化市场环境和完善供应链建设等方面提出了提升减排效果、保障碳资产质押融资模式运行的相关建议。

Under the background of low carbon economy,carbon asset pledge financing model can effectively use the benefits to drive and tap the emission reduction potential of supply chain to realize multi-agent collaborative emission reduction.This paper begins from two stages of the carbon asset pledge financing model(single enterprise participation,supply chain coordination),analyses the pricing mechanism of carbon asset internal transaction,and uses the shadow price model to calculate the optimal pricing of carbon assets in each stage.Then,it uses numerical analysis to discuss the influence factors of the optimal pricing.Finally,from aspects of innovating government regulation,optimizing the market environment and improving the supply chain construction,the paper puts forward some constructive suggestions to improve the effect of emission reduction and guarantee the operation of carbon assets pledge financing model.