Financial Law Regulation of the Carbon Market: Problems and Prospects

Abstract

This article is devoted to the study of the prospects for financial law regulation of the carbon market. The article notes that in the event of an expansion of the practice of introducing mandatory quotas for greenhouse gas emissions and, accordingly, an increase in the number of entities involved in the trade in carbon units, a change in approaches to regulating the relevant relations will be required. It is indicated that in the future, carbon units can be considered as financial instruments.