2025年配额成交量2.35亿吨 同比增长约24%——全国碳市场有序运行

Core Insights - The national carbon market in China has achieved stable operation and is seen as a crucial policy tool for addressing climate change and promoting a green economic transition [1][7] - By the end of 2025, the cumulative trading volume of carbon allowances is expected to reach 865 million tons, with a total transaction value of 57.663 billion yuan [1] - The market is expanding its coverage and trading varieties, aiming to enhance its effectiveness and international influence [1][4] Group 1: Market Expansion and Performance - In 2025, 3,378 key emission units are included in the national carbon market, with a trading volume of 235 million tons, representing a year-on-year increase of approximately 24% [2] - The average trading price for the year was 62.36 yuan per ton, with a year-end closing price of 74.63 yuan per ton [2] - The Shanghai carbon market has included over 400 enterprises and more than 1,800 investment institutions across 28 industries, completing compliance work ahead of schedule for four consecutive years [2] Group 2: Institutional Innovation and Optimization - The new Nationally Determined Contribution (NDC) targets aim for a 7% to 10% reduction in greenhouse gas emissions by 2035, providing a roadmap for the next decade [4] - The "15th Five-Year Plan" is suggested to establish a net-zero growth target for national carbon emissions, promoting a comprehensive control system [4][5] - The release of the "Opinions on Promoting Green and Low-Carbon Transition" marks a significant step towards deepening and accelerating carbon market construction [4] Group 3: International Cooperation and Recognition - A memorandum of understanding was signed between the Beijing Green Exchange and the Singapore Metaverse Green Exchange to facilitate cross-border carbon credit technology integration [6] - China's carbon market is recognized internationally for its effective design and innovation, contributing to global carbon reduction efforts [7] - The Ministry of Ecology and Environment is exploring cross-border carbon trading management systems to enhance international cooperation in climate governance [7]