Workflow
生态环境部逯世泽:碳市场成为对外展示国家战略的重要舞台
Xin Jing Bao·2025-05-26 12:11

Core Insights - The recent forum on "Progress and Challenges of Carbon Markets in Supporting Low-Carbon Transition" highlighted the significant advancements in China's carbon market, which has shown stable growth and operation in recent years [1][3]. Carbon Market Development - China's carbon market consists of two main components: the national carbon emission trading market launched in July 2021 and the national voluntary greenhouse gas reduction trading market initiated in January 2024, forming a comprehensive carbon market system [3]. - The carbon emission trading market saw a notable increase in quotas, trading volume, and transaction value in 2024, with carbon prices exceeding 100 [3]. - The overall compliance rate for 2024 reached an impressive 99.98%, indicating enhanced market vitality [3]. Data Quality and Management - Significant improvements have been made in carbon data quality management, which is crucial for the healthy operation of the market. This includes the implementation of a three-tier review mechanism and the use of big data for carbon management [3][4]. - The current data quality is deemed sufficient to support the market's operational needs [3]. International Recognition and Collaboration - The carbon market has effectively enforced carbon reduction responsibilities among key industries, promoting low-carbon transformation and new productive forces, gaining recognition from countries like the UK, Brazil, and Turkey [4]. - The carbon market serves as a platform for China to showcase its proactive climate change strategies to the international community [4]. Climate Financing and Future Directions - The Ministry of Ecology and Environment has been actively promoting climate financing development, establishing a collaborative framework involving multiple departments and sectors [4]. - The carbon market is becoming a primary mechanism for carbon pricing in China, providing price signals that influence corporate investment decisions towards green and low-carbon development [4][5]. - Future efforts will focus on enhancing the national carbon market's design, managing data, and expanding trading participants and methods to further boost market vitality [5].