Abstract:To achieve carbon peak and carbon neutrality, as well as common prosperity, is the key decision of the Chinese government. By addressing coordinated regional development and based upon balanced and reasonable distribution of income and carbon emission rights principles, the study aims to develop an equilibrium model to achieve regional carbon transfer payment. Carbon transfer payment can help adjust regional fiscal revenues so that the income distribution system is more in line with the scientific normal distribution characteristics under the common prosperity goal. Such a measure can address both equity and efficiency, balance carbon emission rights and development rights, contribute to common prosperity, and facilitate sustainable regional development.