碳期货

第五章根据欧洲气候交易所实际交易数据并采用经典的VaR方法测度碳期货交易风险。

Chapter five is based on the real transaction data from the European Climate Exchange and uses the classical VaR method to measure the risk of carbon futures trading .

第四章引入在险价值模型，基于其基本假设与核心思想分析其在国际碳期货交易风险管理中的适用性，并结合GARCH理论，探讨量化分析国际碳期货交易风险的可行方法。

Chapter four introduce the VaR model study its fundamental assumption , and analyze its applicability in carbon futures ' risk management . Then this paper uses GARCH theory discuss the mathematical method to analyze carbon exchange risk .

第三章结合国际碳期货交易现状，重点探讨欧盟碳交易发展趋势。

Chapter three sum up the current situation of carbon futures exchange and discuss the trend of European carbon exchange .

为应对气候变化给人类生存与发展带来的不利影响，经过艰苦谈判国际社会形成了一系列具有法律约束力的国际公约，同时，国际碳期货交易应运而生。

In order to deal with the adverse effects on climate change to human development , the international community has reached a series of international conventions , meanwhile the international carbon futures ' exchange emerged as the times require .

模拟表明碳市场上期货与现货的收益率序列并不存在线性相关性。

The simulation shows that the return of the futures and spot carbon market has not a linear correlation .

港府最近的其它提议包括：将香港打造为碳交易、黄金期货、仲裁服务或教育中心。

Other recent proposals include being a hub for carbon trading , gold futures , arbitration services or education .