中文摘要：

随着国际碳交易市场的不断发展，越来越多的国家参与其中，为占据碳交易市场的主导地位，定价权成了各国之间争夺的焦点。文章基于碳排放权及其交易市场的特征，从金融市场视角分析碳排放权价格的影响因素：一级市场中，主要表现为减排目标、减排技术、管理成本以及市场风险等；二级市场中，主要表现为能源价格、预测价格水平等。并从碳排放权期货交易市场、碳排放权价值估值方法、碳交易风险管理体系和碳金融衍生品交易市场等方面提出建议，籍以提高我国在国际碳排放权交易市场中的定价权的地位。

英文摘要：

With the development of carbon emission, more and more countries take part in the carbon emission market. Pricing of carbon emission becomes a focus in the world in order to occupy a major position in the carbon emission exchange. Based on characteristics of carbon emission right and carbon emissions trading market, this paper analyzes the influencing factors of the price of carbon emission form the perspective of financial market： The main factors are emission reduction goals, emission reduction technology, the cost of management and market risk in the primary market; meanwhile, the main factors are tile price of related energy and the predicted price of carbon emission in the secondary market. At last, we put forward some suggestions about the construction of carbon emission market in China, such as the method of the valuation of carbon emission, the risk management system of carbon trading and the market of financial derivatives, to strengthen the vricin~ Dower in the international carbon emission tradin~ market.