Steadily advance the construction of a voluntary carbon market
Source：CenewsComCn
Release Time：3 months ago
Recently, the National Greenhouse Gas Voluntary Emission Reduction Registration System and Information Platform announced the first batch of nationally certified voluntary emission reduction projects, covering carbon sink afforestation, mangrove creation, grid-connected offshore wind power generation, grid-connected thermal power generation, etc. The planned emission reduction of the first batch of projects exceeds 70 million tons, fully demonstrating the potential of the voluntary greenhouse gas emission reduction trading market to promote green development.The "Decision" of the Third Plenary Session of the 20th CPC Central Committee proposed to "improve the carbon market trading system and the voluntary greenhouse gas emission reduction trading system." The carbon market is an important policy tool to control and reduce greenhouse gas emissions such as carbon dioxide through market mechanisms and help actively and steadily promote carbon peak and carbon neutrality. my country's carbon market consists of the national carbon emissions trading market (mandatory carbon market) and the national voluntary greenhouse gas emission reduction trading market (voluntary carbon market). The two carbon markets, mandatory and voluntary, have their own focus, operate independently, and complement each other., interconnection.The National Carbon Emissions Trading Market is a mandatory carbon market that will be officially launched in July 2021. It trades "carbon emission quotas", which are greenhouse gas emission quotas such as carbon dioxide allocated to key emission units. The National Greenhouse Gas Voluntary Emission Reduction Trading Market is a voluntary carbon market. It was launched in Beijing earlier this year. The products traded are "nationally certified voluntary emission reductions"-business entities voluntarily develop and implement renewable energy and forestry carbon sinks in accordance with methods prescribed by the state. Emission reduction projects such as carbon sinks are aimed at reducing greenhouse gas emissions and increasing carbon sinks; The emission reductions generated by these voluntary emission reduction projects are registered as nationally certified voluntary emission reductions after being quantified and certified by a third-party agency, and can be sold on the market to gain income. At present, various business entities are actively participating, and the market operation is generally stable.Building a national voluntary greenhouse gas emission reduction trading market is an institutional innovation that mobilizes the entire society to participate in greenhouse gas emission reduction actions. The voluntary carbon market highlights the principle of voluntariness and encourages more industries and enterprises to participate in greenhouse gas emission reduction actions. According to relevant regulations, each key emission unit can use the nationally certified voluntary emission reduction amount to offset 5% of the annual quota amount. Enterprises and individuals can also purchase nationally certified voluntary emission reductions to offset their own carbon emissions and fulfill their social responsibilities. The two markets complement each other through carbon offset mechanisms, jointly constituting my country's complete carbon trading market system, achieving full coverage of emission reduction entities and helping to build a green background for high-quality development.The construction and operation of a voluntary carbon market has brought huge green market opportunities. In the first compliance cycle of the national carbon market, approximately 34 million tons of nationally certified voluntary emission reductions were used for quota payment and compliance. This not only reduces the economic burden on emission control companies, but also brings direct economic incentives of approximately 2 billion yuan to owners of voluntary greenhouse gas emission reduction projects. According to expert estimates, as the carbon market continues to expand and the carbon price mechanism gradually matures, the national voluntary greenhouse gas emission reduction trading market is expected to grow to tens of billions of yuan, with huge market space.Compared with the mandatory carbon market, the voluntary carbon market covers a wider scope and involves more business entities. Project owners, third-party institutions, financial institutions, etc. can all participate. In the long run, the emission reductions generated by individuals through practicing green lifestyles may also be traded in the market after unified accounting. Voluntary greenhouse gas emission reduction trading will provide strong support for optimizing the energy structure, improving the ecological compensation system, and establishing and improving the value realization mechanism of ecological products, providing new opportunities and injecting new impetus into promoting the comprehensive green transformation of my country's economic and social development.The construction of a voluntary carbon market is a complex and systematic project that cannot be accomplished overnight and needs to be continuously improved in practice. Currently, the voluntary carbon market is still in its infancy. In the future, it is necessary to continue to improve the voluntary greenhouse gas emission reduction trading mechanism, continuously strengthen the capacity building of relevant government departments and market participants, and publish more methodologies in fields such as methane emission reduction, energy conservation and efficiency improvement. Gradually expand the areas of market support.The launch and smooth operation of the national voluntary greenhouse gas emission reduction trading market marks the increasingly perfect construction of my country's carbon market. It will further enhance the role of market mechanisms in promoting carbon reduction, pollution reduction, green expansion, and growth, in order to achieve the "double carbon" goal, Promote the comprehensive green transformation of economic and social development and play an important role. Steadily advancing the construction of the national carbon trading market system and encouraging all parties to protect green, reduce carbon, and reduce emissions will surely push the construction of Beautiful China to a new level, support high-quality development with a high-quality ecological environment, and accelerate the realization of harmonious coexistence between man and nature. Modernization.
