Core Viewpoint - Establishing a sound mechanism for realizing the value of ecological products is essential for modernizing the ecological environment governance system and promoting a comprehensive green transformation of economic and social development [1] Group 1: Judicial Collaboration and Ecological Protection - The judicial practices in Hubei, Chongqing, Yunnan, and Jiangxi are collaboratively addressing ecological protection challenges in the Yangtze River basin, enhancing the potential value of ecological products through innovative measures [1] - Hubei courts focus on ecological restoration by closely monitoring the post-judgment restoration process and exploring new restoration methods [2] - Chongqing courts have developed a collaborative judicial protection framework to meet public demands for clean air and water, promoting the integration of ecological and cultural tourism [4][5] Group 2: Ecological Restoration Initiatives - Hubei courts have initiated four ecological judicial protection tourism routes and launched demonstration projects to expand the influence of ecological restoration [2] - The Chongqing "Carbon Benefit" platform has facilitated the trading of carbon credits, with a cumulative transaction volume of approximately 5.14 million tons and a transaction value exceeding 143 million yuan [5] - Yunnan courts have established a comprehensive governance model that integrates criminal prosecution, public interest litigation, ecological restoration, and industry replacement [6][7] Group 3: Value Realization of Ecological Products - Jiangxi courts are exploring new methods for trial execution in environmental resource cases, promoting the awareness that "the environment has value, and damage incurs responsibility" [8] - The establishment of a "three documents and one trial" model in Jiangxi has encouraged defendants to voluntarily purchase carbon credits as a form of ecological restoration [9]

Core Insights - The concept of "Lucid waters and lush mountains are invaluable assets" creatively combines ecological governance with poverty alleviation, contributing to global sustainable development with Chinese wisdom and solutions [1] - China has achieved the UN's 2030 sustainable development agenda poverty reduction goal ten years ahead of schedule, exploring various transformation paths for ecological poverty alleviation [1][2] Group 1: Ecological Compensation Mechanisms - China has established various ecological protection compensation mechanisms, including vertical fiscal compensation, horizontal inter-regional compensation, and market mechanism compensation [2] - Over 20 provinces in China have signed horizontal ecological protection compensation agreements for cross-province river basins, with a unified compensation mechanism for the Yangtze and Yellow Rivers expected by 2027 [2] Group 2: Financial Investments in Ecological Protection - From 2013 to 2023, the central government's transfer payment for key ecological function areas increased from 42.3 billion to 109.1 billion, with a total investment of 790 billion [2] - Water pollution prevention funding is projected to rise from 12.2 billion in 2015 to 26.7 billion by 2024 [2] Group 3: Green Economic Models - The "Green Development" model emphasizes the creation of wealth through the development of green industries, leveraging technological innovation and brand building [3] - The Daxing'anling region has halted commercial logging of natural forests, focusing on developing the under-forest economy and tourism, with projected carbon storage of 1.72 billion tons by 2024 [3] Group 4: Green Finance and Market Development - The "Borrowing Green to Create Wealth" model promotes the development of green markets and finance, facilitating the market circulation of ecological resources [3] - By the end of 2024, the balance of green loans in China is expected to reach 36.6 trillion, with green bonds issued exceeding 4.1 trillion [3] Group 5: Global Environmental Leadership - Under the guidance of the ecological civilization concept, China has transitioned from a participant to a leader in global environmental governance [4] - China has constructed the world's largest and fastest-growing renewable energy system, contributing nearly 64% of the global new installed capacity in 2024 [4]

Group 1 - The core viewpoint of the article emphasizes the importance of carbon markets as a policy tool for addressing climate change and promoting green transformation in the economy [1][13] - The central government has established a national carbon emissions trading market and a voluntary greenhouse gas reduction trading market, aiming for comprehensive coverage of major industrial sectors by 2027 [1][14] - By 2030, the goal is to create a transparent and unified carbon pricing mechanism that aligns with international standards [1] Group 2 - Guangdong has introduced a judicial guarantee system for carbon quota pledge financing, marking the first provincial-level policy to clarify carbon quotas as legal pledge assets [2][6] - The policy aims to resolve issues related to the legal status of carbon quotas, risk control, and default handling, thus facilitating the transformation of intangible carbon assets into financial assets [2][5] - As of July, the Guangzhou carbon emissions trading center has traded 230.85 million tons of quotas, with a total transaction value of 6.701 billion yuan, yet the carbon quota pledge financing business remains limited [5][6] Group 3 - The article discusses the challenges in monetizing carbon assets, highlighting that carbon emission quotas have not been clearly defined as collateral, leading to operational discrepancies across regions [3][4] - The lack of clear legal frameworks and unified registration rules has hindered the development of carbon finance, with only 31 pledge financing transactions amounting to less than 100 million yuan [5][6] Group 4 - The judicial guarantee system includes a dual registration model to address ownership disputes and prevent repeated pledges, providing financial institutions with enhanced security [6][7] - The policy encourages financial institutions to innovate financing products linked to carbon quotas, such as future carbon credit pledges and carbon asset securitization [8][9] Group 5 - The article highlights the potential for a virtuous cycle linking carbon quota pledges to emission reductions, thereby directing financial resources to companies that achieve actual reductions [9][10] - Cross-departmental collaboration among courts, environmental agencies, and central banks is crucial for transforming carbon quotas into liquid financial assets [10] Group 6 - The Shanghai government has released an action plan to deepen carbon market reforms from 2026 to 2030, aiming to enhance the market's efficiency and international influence [12] - The plan includes measures to lower entry thresholds for high-emission industries and expand the types of entities covered by the carbon market [12] Group 7 - The article reports on the successful establishment of a carbon trading project in Shaanxi, which serves as a model for other regions in developing voluntary carbon reduction projects [33] - Inner Mongolia is advancing afforestation carbon credit projects, leveraging its vast ecological resources to enhance carbon sequestration capabilities [34][36]

Core Insights - Inner Mongolia ranks first in China for the number of carbon sink projects registered on the national CCER platform, with a total of 9 projects [1] - The region has developed a carbon sink area that is second in the nation, leading the country in carbon sink project development [1] - Inner Mongolia's forest and grassland carbon storage is stable at over 10.538 billion tons, with an annual carbon sink capacity of 11.9 million tons of CO2 equivalent, also ranking first in the country [1] Group 1 - The Inner Mongolia Forestry and Grassland Bureau announced the public listing of the carbon sink project in Xingan League, marking a significant step in carbon credit development [1] - Since 2024, Inner Mongolia has been actively promoting the development of CCER carbon sink projects and building a local carbon sink product system, including the establishment of the first carbon sink trading service center in Baotou [1] - The region is collaborating with the Beijing Zhongguancun Carbon Sink Research Institute to explore GVER economic forest carbon sink projects, enhancing the diversification of carbon sink products [1] Group 2 - Inner Mongolia has been integrating key ecological projects like the "Three North" program to expand green coverage and increase carbon storage [1] - The region has supplied 1.67 million tons of high-quality carbon sink products to the market in 2023, generating over 65 million yuan in carbon sink value through various channels [1] - The Inner Mongolia Forestry and Grassland Bureau is innovating pathways to realize the value of carbon sinks, transforming "carbon pools" into "money pools" [1]

Core Insights - Jiangxi province has become the first in China to achieve the value transformation and trading of ecological products related to the governance of崩岗 (collapsed slopes) [1] Group 1 - The signing ceremony for the first ecological product transaction for崩岗治理 (collapsed slope governance) took place in Nanchang on May 29 [1] - The transaction involved two types of ecological products: carbon credit products and the transfer of management rights [1] - The total transaction amount reached 2.6027 million yuan (approximately 0.39 million USD) [1]