证券日报网讯 1月27日，岳阳林纸在互动平台回答投资者提问时表示，生态环境部制定跨境碳交易管理 办法，为公司碳汇业务发展带来重要机遇。公司全资子公司诚通碳汇已签约海内外林业碳汇项目，具备 成熟的碳汇开发与交易经验。未来将依托现有资源扩大碳汇储备，推进项目核证，积极对接跨境碳交易 市场，拓展国际合作，推动碳汇资产全球化流通。 （文章来源：证券日报） ...

（编辑 王雪儿） 证券日报网讯 1月27日，岳阳林纸在互动平台回答投资者提问时表示，公司子公司诚通碳汇与三利木业 （加蓬）达成《战略合作框架协议》，探索可能的碳信用资源开发：基于其75万公顷森林资源，探索开 发VCS（国际自愿碳标准）机制下REDD+项目及其他机制下的碳信用；基于加蓬10万公顷稀树草原资 源，开展人工造林和人工促进更新造林，开发GS（全球目标的黄金标准）机制及其他机制下的造林碳 信用项目。公司正依托国际自愿减排标准推进相关工作，积极关注并探索跨境碳交易相关机会。 ...

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 has shown significant growth, with a 24% year-on-year increase in trading volume in 2025, reaching 235 million tons and a transaction value of 14.63 billion yuan [2] Market Expansion - In 2025, 3,378 key emission units will be included in the national carbon market, covering industries such as power generation, steel, cement, and aluminum smelting [2] - The average trading price for carbon allowances in 2025 was 62.36 yuan per ton, with a year-end closing price of 74.63 yuan per ton [2] - The Shanghai carbon market has successfully included over 400 enterprises and more than 1,800 investment institutions across 28 industries, being the first to include the aviation sector and the only one to include the shipping sector [2] System Innovation and Optimization - China's new Nationally Determined Contribution (NDC) targets aim for a 7% to 10% reduction in greenhouse gas emissions by 2035 from peak levels, providing a roadmap for the next decade [4] - The release of the "Opinions on Promoting Green and Low-Carbon Transition" marks a significant step in advancing the carbon market, indicating a phase of deepening and accelerating development [4] - Experts suggest establishing a comprehensive quota allocation scheme aligned with national carbon reduction goals to enhance the carbon market's effectiveness [5] International Cooperation - 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 and providing valuable experience for emerging economies [7] - The Ministry of Ecology and Environment is actively exploring cross-border carbon trading and aims to establish management systems for such transactions [7]

Core Insights - The national carbon market in China has achieved stable operation and is seen as a crucial 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 has shown significant growth, with a 24% year-on-year increase in trading volume in 2025, reaching 235 million tons and a transaction value of 14.63 billion yuan [2] Market Expansion - In 2025, 3,378 key emission units will be included in the national carbon market, covering industries such as power generation, steel, cement, and aluminum smelting [2] - The average trading price for carbon allowances in 2025 was 62.36 yuan per ton, with a year-end closing price of 74.63 yuan per ton [2] - The Shanghai carbon market has successfully included over 400 enterprises and more than 1,800 investment institutions across 28 industries, being the first to include the aviation sector and the only one to include the shipping sector [2] System Innovation and Optimization - China's new Nationally Determined Contribution (NDC) targets aim for a 7% to 10% reduction in greenhouse gas emissions by 2035 from peak levels, providing a roadmap for the next decade [4] - The release of the "Opinions on Promoting Green and Low-Carbon Transition" marks a significant step in advancing the carbon market, indicating a phase of deepening and accelerating development [4] - Experts suggest that a comprehensive allocation scheme for industry quotas should be established to align with national carbon reduction goals [5] International Cooperation - 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 reduced carbon intensity in electricity production and serving as a model for emerging economies [7] - The Ministry of Ecology and Environment is actively exploring cross-border carbon trading and aims to establish management systems for such transactions [7]

Core Insights - The national carbon market in China has achieved stable operation and is seen as a crucial tool for addressing climate change and promoting a green economic transition [1][3] Group 1: Market Performance - As of December 31, 2025, the cumulative trading volume of carbon allowances reached 865 million tons, with a total transaction value of 57.663 billion yuan [1] - In 2025, the number of key emission units included in the carbon market management reached 3,378, with an annual 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] Group 2: Regional Developments - Shanghai's carbon market has included over 400 enterprises across 28 industries and has been a pioneer in incorporating the aviation and water transport sectors [3] - Hubei province manages the national carbon emissions registration and settlement system, covering approximately 80 billion tons of carbon allowances, which accounts for over 60% of the total greenhouse gas emissions in the country [3] Group 3: Policy and Institutional Innovations - In September 2025, China announced new Nationally Determined Contributions (NDC) targets, aiming for a 7% to 10% reduction in greenhouse gas emissions by 2035 from peak levels [4] - The release of the "Opinions on Promoting Green and Low-Carbon Transition" marks a significant step in advancing the carbon market and indicates a phase of deepening and accelerating development [4] Group 4: International Cooperation - During the 2025 China Carbon Market Conference, 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, providing valuable experience for other emerging economies [7]

Core Insights - The seminar on "Progress of China's Carbon Market Construction and Cross-Border Carbon Trading Cooperation" was held in Wuhan, organized by the Ministry of Ecology and Environment, and lasted for two weeks [1][6] - This marks the third time Hubei has hosted such a seminar, focusing on China's carbon market construction experience and simulated cross-border carbon trading [6] - A total of 29 participants from 16 countries received completion certificates, highlighting the international interest in China's carbon market initiatives [8][14] Group 1: Seminar Details - The seminar included classroom learning in Wuhan and participation as special guests at the 2025 China Carbon Market Conference in Shanghai [14] - Participants gained insights into China's carbon market policy framework, operational mechanisms, trading practices, and corporate carbon management experiences [14] - The seminar is part of China's broader efforts to share carbon market development experiences and assist global climate change responses, having trained over 10,000 individuals from more than 120 developing countries [25] Group 2: Participant Feedback - Burton Mwemba, Vice President of the Zambia Accounting Research Center University, noted the potential for promoting carbon asset development projects in his country, emphasizing the quantification and monetization of corporate emissions reductions [14] - Leighton Utupoa Leai Merei, a forestry official from Samoa, expressed interest in China's emission reduction strategies, highlighting their value for developing countries [16][22] - Bimal Bhatarai, an emissions auditor from Nepal Airlines, remarked on the vast potential of China's carbon market and its voluntary emission reduction market [20][25]

Core Viewpoint - The Ministry of Ecology and Environment emphasizes the importance of advancing the national carbon market construction in China, as outlined in the recent guidelines issued by the Central Committee and the State Council, focusing on green and low-carbon transformation [1] Group 1: National Carbon Market Development - The construction of a mandatory carbon market will be accelerated, with plans to gradually expand market coverage and implement total quota control [1] - The voluntary carbon market will be actively developed, including the establishment of a comprehensive methodology system and the expansion of certified voluntary emission reduction applications [1] - Efforts will be made to enhance market vitality by increasing the scale and diversity of trading entities and products, alongside strengthening trading supervision [1] Group 2: Data Management and Quality Control - There will be a focus on comprehensive management of data quality, including the improvement of accounting, reporting, and verification systems [1] - The management of the annual key emission unit directory will be strengthened to enhance corporate carbon emission accounting capabilities [1] Group 3: Regulatory and Technical Oversight - The regulation of third-party technical service institutions will be reinforced, including the management of verification agencies within the mandatory carbon market [1] - A credit management system for technical service institutions will be explored, along with the establishment of post-evaluation systems [1] Group 4: International Cooperation - The carbon market will enhance international exchanges and cooperation, promoting mutual recognition of technologies, methods, standards, and data to contribute to a fair and cooperative global climate governance system [1]