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Shanghai will set up a national carbon market to open at the end of June

 Last Update: 2021-06-04
 Source: Internet
 Author: User

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China News Service, June 1st (Reporter Yin Liqin) The Ministry of Ecology and Environment recently revealed that it plans to launch online trading on the national carbon market before the end of June 2021.

The carbon market means that the state grants carbon emission quotas so that some high-carbon industries such as electricity and coal must purchase carbon emission quotas on the market when the quotas are insufficient.

Many of Shanghai's construction of "five centers" are closely related to the carbon peak, carbon neutral and "dual-carbon strategy".

A few years ago, my country had many regional carbon trading markets, but there has never been a national carbon market.

The Shanghai Equity Custody Trading Center recently added a green Q board dedicated to serving green industry companies, focusing on green bond, green credit, green equity financing, cross-border green industry cooperation, green industry mergers and acquisitions, etc.

In addition, in terms of green bonds, many of the first green bonds were issued in Shanghai.

Now the country has made it clear that Shanghai will set up a national carbon trading market, and it has begun actual testing.

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