在应对气候变化的大背景下,《京都议定书》建构的全球排放权交易机制与京都机制外的自愿减排机制,创新性地将期货理论应用于碳排放权交易,使应对气候变化具有效率弹性与金融性。碳排放权的稀缺性、普遍接受性、可计量性使其具有了国际货币的基本特征,“碳—碳期货—碳货币本位”金融变革成为预想的发展方向。 Under the background of coping with climate change, the Kyoto Protocol’s global emissions trading mechanism and Kyoto’s voluntary emission reduction mechanism have innovatively applied the futures theory to carbon emissions trading, making it more efficient and resilient to climate change And financial. The scarcity, universality and acceptability of carbon emission right make it have the basic characteristics of international currency, and the “carbon-carbon futures-carbon currency standard” financial reform has become the expected direction of development.