北京林业大学学报（社会科学版）2026，Vol.25Issue(1)：65-73,9.DOI:10.13931/j.cnki.bjfuss.2025041
中国核证自愿减排林业碳汇资产证券化探索
Exploring the Asset Securitization of Forestry Carbon Sink Based on the CCER:From the Perspective of New Institutional Economics
摘要
Abstract
The restart of Chinese Certified Emission Reduction has brought development opportunities to forestry carbon sinks with emission reduction potential.This paper,for the first time,based on the framework of new institutional economics,explores the institutional supply and demand relationship and model innovation mechanism of CCER forestry carbon sink asset securitization,proposes the transaction structure design of"dual SPV+fund trust",and analyzes the internal logic of its financing model innovation.However,at present,the practice of CCER forestry carbon sink asset securitization is still constrained by the instability of underlying assets,the imperfect structure and policies of the carbon trading market,the low participation of financial institutions,and the incomplete third-party service institutions.In the future,CCER forestry carbon sink asset securitization can be achieved from:Draw on international standards to improve the methodology of forestry carbon sinks.On the basis of optimizing the carbon sink measurement,monitoring and accounting system,improve its asset pricing mechanism.While improving the carbon market trading mechanism,enhance the efficiency and transparency of carbon sink trading.Vigorously strengthen the policy support system of the carbon market and actively encourage key breakthroughs in carbon trading financial innovation.关键词
CCER林业碳汇/资产证券化/制度供求/发展策略Key words
forestry carbon sink-CCER/asset securitization/institutional demand and supply/development strategy分类
管理科学引用本文复制引用
古书敏,张宝林,于奕爽..中国核证自愿减排林业碳汇资产证券化探索[J].北京林业大学学报（社会科学版）,2026,25(1):65-73,9.基金项目
北京林业大学中央高校基本科研项目(2023sky09)、国家自然科学基金一般项目"基于防风固沙服务流的'三北'地区跨区域生态补偿标准研究"(42571311)、国家社科基金一般项目"低碳转型视域下绿色信贷技术溢出的传导机制与政策优化研究"(23BJY079)、北京林业大学"碳期货支持生态文明建设的产品创新与应用"(2021STWM-28). （2023sky09）
