天津碳排放权交易管理再升级

Core Viewpoint - The Tianjin Municipal Government has officially issued the revised "Interim Measures for the Management of Carbon Emission Rights Trading in Tianjin," which will take effect on July 1, 2025, focusing on adjustments to carbon emission quota compliance deadlines, the use ratio of certified emission reductions, and the management of carbon emission quotas, among other aspects [1][9]. Group 1: Key Adjustments in Regulations - The deadline for annual carbon emission quota compliance for key emission units has been extended from June 30 to October 31, increasing the compliance period by four months [2][11]. - The offset ratio for certified emission reductions has been reduced from 10% to 5% of the required carbon emission quotas, aligning with national carbon market standards [2][11]. - A new provision allows up to 5% of the total annual quota to be used for adjustments, paid issuance, and market regulation [2][11]. Group 2: Regulatory Responsibilities and Definitions - The Tianjin Municipal Ecology and Environment Bureau is responsible for determining the conditions for key emission units and the total annual quota and distribution plan [3][12]. - The regulatory framework has been refined to establish a "city-level coordination and local implementation" structure, with various departments collaborating on supervision [3][12]. - Key terms such as greenhouse gases, carbon emissions, and carbon emission rights have been clearly defined in the revised measures [3][12]. Group 3: Strengthening Oversight and Public Participation - The revised measures enhance public participation in policy formulation, requiring the Tianjin Municipal Ecology and Environment Bureau to consult with various stakeholders when proposing trading coverage and quota distribution plans [2][11]. - Any individual or organization can report violations to the relevant ecological environment authorities, with confirmed violations being recorded in the Tianjin credit information system [4][13]. Group 4: Market Operation and Risk Management - The measures mandate that greenhouse gas emission units develop data quality control plans and maintain original records for at least five years [5][14]. - Carbon emission trading institutions are required to establish risk management mechanisms and report significant trading anomalies to the Tianjin Municipal Ecology and Environment Bureau [5][14]. - Financial institutions are encouraged to provide financing services to key emission units that comply with carbon emission quota requirements [5][14].