Innovation Economics and Management Research (IEMR)

Publisher:ISCCAC

Analysis on the Role of Chinese Multinational Corporations Under Rule of Law of Carbon Peaking and Carbon Neutrality
Authors

Yiwen Ning

Corresponding Author

Yiwen Ning

Publishing Date

05 December 2023

Keywords

The goal of carbon peaking and carbon neutrality, Rule of law, Chinese multinational corporations, Role.

Abstract

The rule of law plays an important role in national management and social governance. The realization of the goal of carbon peaking and carbon neutrality cannot be achieved without the guarantee of rule of law. Promoting the realization of the goal on the track of rule of law will help our country to better promote sustainable development and further fulfill the goal of reaching carbon peak and carbon neutrality. In the process of rule of law of carbon peaking and carbon neutrality, Chinese multinational corporations play the role of legislative participant, law enforcement assistant and active lawkeeper. In practice, Chinese multinational corporations have some problems in the participation in the legislation, such as the incomplete regulation of the legislative right and the lack of initiative in the consciousness of participating in the legislation. In the assistance of law enforcement, there are some problems such as the uncoordination between the central and local decision-making systems, arbitrary choice of deterrent law enforcement methods, and lack of coordinated management of environmental governance system. In the law-abiding, there are problems such as weak law-abiding consciousness and lack of positive incentives for Chinese multinational companies. In order to give full play to the role of Chinese multinational corporations in the process of rule of law of carbon peaking and carbon neutrality, the thesis puts forward suggestions in legislation participation such as improving procedural provisions of participation in the legislation, exploring the participation of industry associations in legislation. In the assistance of law enforcement, the thesis puts forward suggestions such as building a multi-governance environmental governance system and rationally allocating the powers and responsibilities of local governments. In the law-abiding, the thesis puts forward suggestions such as actively studying the knowledge in the field of carbon, improving the carbon information disclosure system, and building a reward mechanism to encourage law-abiding.

Copyright

© 2023, the Authors. Published by ISCCAC

Open Access

This is an open access article distributed under the CC BY-NC license