Development assumption and game analysis of pledged loan of emission rights

摘要

Pledged Loans of emission rights,refer to a financing method that the enterprises apply for loans by pledging emission rights. This is an institutional arrangement that can make involved parties get winwin achievement. It is also a type of loan business with the characteristics of both policy and commerce. There is a certain market demands for emission rights loans and the emission right trading is the prerequisite for generating loans. Game analysis shows that the suitable pledge materials are the premise for banks funding the energy-saving companies. Therefore, the development of loan business about emission rights meets the interests and demands of both small and medium enterprises as well as banks.