Group 1: Global Carbon Market Development - The COP29 meeting approved Article 6.4, establishing a framework for global carbon trading, marking a historic moment for the global carbon market[2] - The global carbon market aims to reduce greenhouse gas emissions by pricing carbon emissions, becoming an essential tool for countries to address climate change[2] - Article 6.4 allows countries to trade emission allowances, facilitating capital flow to developing countries with potential for carbon-related projects[2] Group 2: Implications for China - The approval of Article 6.4 will align China's CCER mechanism and carbon credit trading with the global market, enhancing international funding for green technology exports and energy transition projects[2] - China's carbon market is in its early stages and can learn from developed countries like the EU to establish a clear development roadmap and improve trading systems[2] - The report emphasizes the need for a dynamic adjustment model in the emission reduction process and the development of diversified carbon financial products to attract more capital into low-carbon sectors[2] Group 3: Risks and Recommendations - Risks include international climate framework limitations, carbon credit quality issues, and potential policy changes[3] - The report suggests enhancing carbon market management and verification capabilities to better respond to international carbon market opportunities[2] - It highlights the importance of a market-driven collaborative mechanism to support China's dual carbon goals and effectively address challenges in the international carbon trading market[2]
绿色金融动态点评:联合国批准《巴黎协定》6.4条机制
Chuancai Securities·2024-11-15 02:21