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China's national carbon emissions trading market will start operations at the end of June

 Last Update: 2021-06-24
 Source: Internet
 Author: User

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Original title: Yi Gang: It is expected that by the end of June this year, China's national carbon emissions trading market will start operations

China News Agency, Beijing, April 16 (Reporter Xia Bin) The Central Bank of China and the International Monetary Fund jointly held a high-level seminar on "Green Finance and Climate Policy" on the 15th.

Yi Gang pointed out that the Central Bank of China attaches great importance to the development of green finance, and there are three key tasks that need to be promoted for the future.

First, we must further mobilize public and private sector funds in a market-oriented manner to support green economic activities.

He also mentioned that in terms of providing policy incentives, the Central Bank of China plans to launch carbon emission reduction support tools to provide a part of low-cost funds for carbon emission reduction.

Second, we must study the impact of climate change on financial stability.

He said that the People's Bank of China is exploring systematically considering climate change factors in stress tests on financial institutions, and gradually incorporating climate change-related risks into the macro-prudential policy framework.

Third, we must give full play to the price discovery role of the carbon market.

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