2024年全国碳市场成交额创市场启动以来年度新高

Core Insights - The national carbon emissions trading market in China has seen significant growth, with a cumulative trading volume of nearly 700 million tons and a transaction value of approximately 48 billion RMB as of the end of August 2023, marking a record high for annual transaction value since the market's inception in 2021 [1] - The market's trading activity is increasing, with a 43.55% rise in average daily trading volume compared to the previous compliance cycle, resulting in a total trading volume of 18.9 million tons and a total transaction value of 18.114 billion RMB in 2024, the highest since the market started [1] - The carbon intensity of electricity generation in China decreased by 10.8% in 2024 compared to 2018, highlighting the significant role of the carbon market in achieving emissions reductions [1] Market Expansion - In March 2025, the State Council approved the inclusion of the steel, cement, and aluminum smelting industries into the national carbon emissions trading market, expanding the market's coverage [1] - This expansion added over 1,300 new key emission units, increasing the proportion of carbon dioxide emissions covered by the market to over 60% of the national total [1] Voluntary Emission Reduction Market - The national voluntary greenhouse gas emission reduction trading market was launched as a significant policy tool to support China's "dual carbon" goals, with the first batch of newly registered certified voluntary emission reductions starting trading in March 2025 [2] - As of the end of August 2023, the voluntary emission reduction market recorded a cumulative trading volume of 2.7061 million tons and a transaction value of 229 million RMB, with transaction prices frequently exceeding 100 RMB per ton [2] - The Ministry of Ecology and Environment plans to steadily expand the coverage of the carbon market, enrich trading varieties and methods, and enhance international cooperation in the carbon market sector [2]