加快建设更加有效、更有活力、更具国际影响力的全国碳市场

Core Viewpoint - The recent issuance of the "Opinions on Promoting Green and Low-Carbon Transition and Strengthening National Carbon Market Construction" by the Central Committee of the Communist Party of China and the State Council highlights China's commitment to achieving carbon peak and carbon neutrality through a robust carbon market system [1][2][3]. Summary by Sections Significance of Strengthening the National Carbon Market - The establishment of a national carbon trading market and a voluntary greenhouse gas reduction trading market is crucial for addressing climate change and promoting green transformation [1][2]. - Strengthening the carbon market will drive traditional industries to transform, foster green technology innovation, and enhance the quality of economic development [2][3]. Achievements in National Carbon Market Construction - The national carbon market has seen significant progress over four years, with a well-structured regulatory framework and improved market vitality [4][5]. - As of August 22, 2025, the cumulative trading volume of carbon emission allowances reached 680 million tons, with a transaction value of 47.41 billion RMB [5]. - The coverage of key industries is expanding, with the inclusion of steel, cement, and aluminum smelting industries, which will manage over 60% of national carbon emissions [6]. Overall Requirements for Strengthening the National Carbon Market - The construction of the national carbon market requires a systematic approach, balancing effective market mechanisms with government oversight [8][9]. - Long-term and short-term goals must be aligned, aiming for comprehensive coverage of major industrial sectors by 2027 and a robust carbon pricing mechanism by 2030 [9][10]. Tasks and Measures for Advancing National Carbon Market Construction - The "Opinions" outline a roadmap for the development of the national carbon market, emphasizing the need for market functionality and regulatory support [11][12]. - Continuous innovation in the voluntary greenhouse gas reduction trading market is essential, with a focus on developing methodologies and managing projects effectively [12][13]. - Strengthening policy and legal frameworks will enhance the operational efficiency and credibility of the carbon market [14].