复旦大学可持续发展研究中心公布2026年2月份复旦碳价指数

Core Insights - The Fudan University Sustainable Development Research Center released the carbon price index for February 2026, indicating expected buy and sell prices for carbon emission allowances and certified voluntary emission reductions [1][2]. Carbon Emission Allowances (CEA) - The expected buy price for CEA in February 2026 is 72.47 CNY/ton, while the sell price is projected at 83.69 CNY/ton, with a midpoint price of 78.09 CNY/ton [1]. - The buy price index for CEA is 181.18, reflecting a 9.59% increase, and the sell price index is 188.83, showing a 12.88% rise, with the midpoint price index at 185.22, up by 11.35% [1]. Certified Voluntary Emission Reductions (CCER) - The expected buy price for CCER in February 2026 is 71.80 CNY/ton, with a sell price of 83.80 CNY/ton and a midpoint price of 77.80 CNY/ton [1]. - The buy price index for CCER is 180.49, up by 8.13%, while the sell price index is 201.59, increasing by 7.99%, and the midpoint price index is 191.27, reflecting an 8.06% rise [1]. Green Electricity Certificates (GEC) - The expected price for green certificates from centralized projects for 2025 is 7.38 CNY/unit, with a price index of 134.18; for distributed projects, the price is 7.05 CNY/unit and a price index of 143.04; and for biomass power generation, the price is 7.04 CNY/unit with a price index of 136.43 [2]. - All three categories of green certificates have seen price increases compared to January 2026, with biomass power generation certificates experiencing the highest increase of 53% [2]. Market Performance - In January, the average closing price for CEA was 77.54 CNY/ton, a significant increase of approximately 22.55% compared to December 2025 [3]. - The average daily trading volume for carbon allowances in January was 62.97 million tons, a decrease of nearly 70% from December, indicating reduced market activity following compliance deadlines [3]. - Globally, carbon markets experienced a decline in trading volumes, with notable drops in the UK and South Korea, while prices remained relatively stable across most markets [3].