Manufacturers with financial constraints under carbon quotas and trading mechanisms Financing and Carbon Reduction Strategies

Focusing on the financing of low-carbon transformation of manufacturing enterprises, a manufacturer financing decision-making model considering capital constraints is constructed in the context of carbon trading, and the performance of four models, including no financing decision, deferred payment financing decision, carbon credit pledge loan financing decision and external investment financing decision, is compared. The sensitivity analysis of consumer's low carbon sensitivity coefficient, carbon investment coefficient, carbon trading price, and revenue sharing ratio is also carried out. The results show that manufacturers' financing decisions are influenced by consumers' low carbon awareness, carbon investment coefficient and carbon price. Deferred payment financing by suppliers and external investment in revenue-sharing financing can not only increase manufacturers' profit levels, but also enhance their ability to cope with risks in the carbon trading market.