环保行业周报：碳政策驱动碳捕集、碳足迹、再生资源加速

Investment Rating - The report maintains an "Overweight" rating for the environmental protection sector [1]. Core Insights - The report highlights the acceleration of carbon capture, carbon footprint management, and renewable resources driven by carbon policies [1]. - The National Development and Reform Commission has issued new guidelines to enhance budgetary support for green and low-carbon projects, increasing funding caps to 30% for advanced technology demonstration projects [5][6]. - The report emphasizes the importance of carbon footprint accounting and performance assessment for key projects, which is expected to accelerate the establishment of relevant standards [6]. Summary by Sections Weekly Investment Perspective - The report discusses the enhancement of budgetary support for green low-carbon projects, with funding limits raised to 30% for advanced technology demonstration projects and 20% for other carbon peak and carbon neutrality projects [5][6]. - It also mentions the support for renewable energy demonstration projects and carbon capture initiatives, as well as the promotion of resource recycling projects [5][6]. Environmental Sector Weekly Performance - The environmental protection sector saw a weekly increase of 3.06%, with notable stock performances including Zhuoyue New Energy (+24.57%) and Jinyuan Co. (+15.08%) [2][10]. - Conversely, stocks like Tuishi Botian (-18.00%) and Chongqing Water (-7.03%) experienced significant declines [10]. Carbon Neutrality Sector Tracking - The national carbon market saw a transaction volume of 165,000 tons, a decrease of 78% from the previous week, with an average transaction price of 87.15 yuan/ton [10]. - Local carbon quota transactions also decreased by 85%, with an average price of 48.01 yuan/ton, while CCER transactions fell by 99% [10]. Important Events in the Environmental Industry - The report notes the issuance of guidelines for greenhouse gas emissions accounting and reporting for the cement industry, which outlines the boundaries and requirements for emissions calculations [11]. - It also highlights the National Development and Reform Commission's notification regarding the framework for public-private partnerships in infrastructure projects [12]. Major Announcements from Environmental Listed Companies - Hanlan Environment reported a total revenue of 12.541 billion yuan for 2023, a decrease of 2.59%, while net profit increased by 25.23% [13]. - Chongqing Water reported a revenue of 7.254 billion yuan, down 6.74%, with a net profit decline of 43% [13].