中国碳市场企业违约风险控制政策结构分析

碳市场政策结构与企业违约风险息息相关，科学合理的政策结构是规避碳市场企业违约风险的重要保障。梳理了中国政府颁布的碳市场企业违约风险控制相关政策文本，从交易和减排两个维度构建了碳市场企业违约风险控制政策二维分析框架，运用内容分析法分析了中国现有风险控制政策的结构组成。结果显示，当前中国碳市场企业违约风险控制政策覆盖范围互有重叠，容易影响实施效果；企业违约行为惩罚制度体系尚有漏洞，惩罚力度过大可能引发企业不法行为；碳价格调控政策相对缺乏，碳价格波动易引发违约行为。最后，提出了优化和改善建议。

Analysis on the Policy Structure of the Enterprises' Default Risk Control of the Carbon Market in China

The policy structure of carbon market is closely related to the risk of default, and scientific and reasonable policy structure is an important guarantee to avoid the risk of default of carbon market enterprises. It combs the central government of China promulgated the carbon market companies default risk control related policy texts as samples, from the trading and emission reduction dimensions construct two dimensional analysis framework of enterprises' default risk control policy of the carbon market, using content analysis method to analyze China's existing risk control policy structure. The research results show the current China's carbon market enterprises' default risk control policy coverage overlap each other, is likely to affect the implementation effect; corporate default punishment system there are still loopholes in the punishment is too large or lead to corporate wrongdoing; relative lack of carbon price control policy, fluctuations in the price of carbon easily lead to breach of contract. And, it optimizes and improves the research results, in order to provide policy support for the effective control of corporate default risk in the construction of China's national carbon market.