Core Viewpoint - The recent issuance of the "Opinions on Promoting Green and Low-Carbon Transition and Strengthening the Construction of the National Carbon Market" aims to establish a transparent, unified, and widely participatory national voluntary greenhouse gas emission reduction trading market, which is expected to create significant green market opportunities and promote societal participation in low-carbon development [1][7]. Group 1: Market Overview - The national voluntary greenhouse gas emission reduction trading market will start on January 22, 2024, with a cumulative trading volume of approximately 2.5 million tons and a transaction value exceeding 210 million yuan by August 25, 2025 [1][2]. - The first batch of CCER (Certified Emission Reduction) was registered on March 6, 2024, with a total reduction of 9.48 million tons, and the first trading day saw a transaction volume of 748,800 tons and a transaction value of 60.24 million yuan, with an average price of 80.45 yuan per ton [2][4]. Group 2: Demand and Supply Dynamics - The demand for CCER is expected to increase as the national carbon emission trading market expands to include industries such as steel, cement, and aluminum smelting, while the current supply of CCER remains relatively limited, leading to higher transaction prices [1][5]. - The average daily transaction price of CCER generally ranges between 80 and 90 yuan per ton, reflecting market participants' high recognition of CCER quality and the positive outlook for the voluntary carbon market [5][6]. Group 3: Policy and Regulatory Framework - The national voluntary greenhouse gas emission reduction trading market complements the national carbon emission trading market, forming a comprehensive carbon market system that supports the achievement of China's dual carbon goals [3][6]. - The "Opinions" propose to establish a carbon pricing mechanism with clear rules and reasonable price levels by 2030, enhancing the connection between the voluntary and mandatory carbon markets [3][6]. Group 4: Financial Innovations - Over 2,900 enterprises have opened accounts in the CCER trading system, including more than 100 financial institutions, indicating a growing interest in carbon asset management and trading [9]. - The development of carbon financial products, such as sustainable loans and carbon pledge financing, is being explored to enhance the financial attributes of carbon assets and support green low-carbon development [8][9]. Group 5: Quality Assurance and Market Integrity - Ensuring high-quality carbon credits is essential for the sustainable development of the national voluntary greenhouse gas emission reduction trading market, with measures in place to simplify development processes and reduce costs while maintaining integrity [6][7]. - The market emphasizes voluntary participation and integrity management, with strict penalties for fraudulent activities to maintain transparency and fairness [6][7].
专访王乃祥:碳市场扩围后,企业CCER需求增加丨首席气候官
2 1 Shi Ji Jing Ji Bao Dao·2025-09-02 12:58