双碳目标战略背景下绿色资产证券化风险及防范研究
Research on Green Asset Securitization Risk and Prevention under the Background of Dual Carbon Target Strategy

双碳目标战略是我国实现可持续发展的内在要求，也是我国履行负责任大国的重大历史担当。进入“双碳”时代，我国社会各个领域将发生深度的系统性变革，把资产证券化用之绿色金融领域，是践行双碳目标的应有之义。绿色资产证券化产品是一种结构化的绿色金融产品，广受资本市场的推崇。我国绿色资产证券化在经历不断的市场考验中，发行势头如日中天、品种不断推层出新。本文立足双碳目标战略背景下，我国绿色资产证券化市场发展之现状，分析出其在基础资产上、发行阶段、后续管理中的独有风险，提出提高绿色资产证券化产品基础资产质量、优化绿色资产证券化产品市场环境、创新监管模式和手段、改进信息披露等防范举措，将对推动绿色金融体系以及绿色产业壮大发展产生重大的现实意义。
The dual carbon target strategy is the inherent requirement for our country to achieve sustainable development, and it is also a major historical responsibility for our country to fulfill its responsibility as a major country. Entering the “dual carbon” era, there will be profound systemic changes in all areas of our society. The use of asset securitization in the green finance sector is the proper meaning of implementing the dual carbon target. Green asset securitization products are structured green financial products that are widely respected by the capital market. Our country’s green securitization has experienced constant market tests, the issuance momentum is at the zenith of the day, and new varieties are constantly being introduced. Based on the status quo of the development of our country’s green asset securitization market under the background of the dual carbon target strategy, this paper analyzes its unique risks in the underlying assets, the issuance stage, and subsequent management, and proposes to improve the quality of the underlying assets of green asset securitization products and optimize the green asset securitization market environment, innovation of regulatory models and means, and improve information disclosure and other preventive measures which will have great practical significance in promoting the growth and development of the green financial system and green industry.