my country's carbon market construction has made positive progress

At this press conference, the relevant person in charge of the Ministry of Ecology and Environment stated that my country's carbon market construction has made positive progress and results, and the next step will be to focus on building a more effective, more dynamic and more internationally influential carbon market.

According to Zhao Yingmin, Vice Minister of the Ministry of Ecology and Environment, the current carbon market legal and regulatory system and infrastructure support system have been basically completed, the quality of carbon market data and management capabilities have been greatly improved, the national carbon market has achieved a steady start and stable operation, and the market vitality has steadily improved. As of the end of August this year, the cumulative transaction volume of the carbon emissions trading market was 476 million tons, with a transaction volume of 27.9 billion yuan, and carbon prices fluctuated around 90 yuan per ton.

In terms of the construction of the carbon market legal and regulatory system, the "Interim Regulations on the Management of Carbon Emissions Trading" has been promulgated. Our country has formulated 33 rules and regulations such as carbon emission accounting verification, registration, and transaction settlement, initially forming a multi-level and relatively complete legal system. Regulations institutional system.

In terms of infrastructure support system construction, my country has established the "National Carbon Market Information Network", established a national carbon emission rights and voluntary greenhouse gas emission reduction registration and trading agency, and built and stably operated registration, transaction settlement and management platforms, etc. infrastructure.

In terms of carbon market data quality and management capabilities, my country has established a normalized supervision mechanism for the quality of carbon emission data, issued the "Implementation Plan on Establishing a Carbon Footprint Management System", and also issued a national standard for general principles for product carbon footprint accounting, which provides specific products. Conditions have been created for the formulation of carbon footprint accounting standards.

Zhao Yingmin said that in the next step, the Ministry of Ecology and Environment will improve the carbon emission statistical accounting system, further expand the coverage of the carbon market industry, publish more methodologies, incorporate more participants, strictly supervise the quality of carbon market data, and strive to build a more effective, A more dynamic and internationally influential carbon market.