The "China Carbon Market Conference 2023 Shanghai" was held today (November 8). Chen Jining, Secretary of the Shanghai Municipal Party Committee attended the opening ceremony and delivered a speech. Huang Runqiu, Minister of the Ministry of Ecology and Environment, Wang Zhonglin, Deputy Secretary of the Hubei Provincial Party Committee and Governor of Hubei Province, delivered a speech, and jointly launched the conference with Gong Zheng, Deputy Secretary of the Shanghai Municipal Party Committee and Mayor of Shanghai. Xie Zhenhua, China's special envoy on climate change, delivered a video message.
Accelerating the building of an international green financial hub and making greater contributions
to the building of a more effective, dynamic and internationally influential carbon market Chen Jining pointed out that achieving carbon peak and carbon neutrality is a solemn commitment made by the Chairman of Xi Jinping and the Party Central Committee to the international community in coordinating the domestic and international overall situation. It is the inherent requirement to promote the high-quality development of our country. The development of the national carbon market is a major institutional innovation to promote greenhouse gas emission reduction by market mechanism. According to the national deployment, Shanghai has taken the lead in undertaking the important responsibility of the construction, operation and maintenance of the national carbon market trading system. We will earnestly implement Xi Jinping's thought of ecological civilization and the deployment requirements of the National Conference on Eco-environmental Protection, accelerate the building of an international green financial hub, and make greater contributions to building a more effective, dynamic and internationally influential carbon market. Focusing on data quality management, the Group will accelerate the improvement of various fundamental systems for the operation and management of the carbon market, strive to improve the market risk provention and control system, steadily expand the coverage of the industry, enrich the trading varieties and trading methods, actively carry out business innovation, promote the participation of various subjects, and better stimulate market vitality .
We will continue to deepen green financial innovation, improve the green evaluation and certification system and green benefit accounting methods, and provide diversified green investment and financing support for industrial development.
Actively participate in the formulation of international standards in relevant fields and deepen international cooperation in green finance. Promote the green and low-carbon transformation of economy and society, accelerate the green transformation of traditional industrial intelligence, promote the construction of green factories and green parks, build a green and low-carbon supply chain system in an all-round way, guide the general public to start with small things such as garbage classification and "CD-ROM Action", accelerate the formation of a green lifestyle, and make green the most moving background. To contribute more to the sustainable development of human society.
China will start the national greenhouse gas voluntary emission reduction trading market as soon as possible, and make every effort to promote the construction of the national carbon market, making it an effective market
to guide green low-carbon technological innovation, guide green low-carbon funds, and promote carbon neutralization at peak carbon, Huang Runqiu pointed out that in recent years, under the guidance of Xi Jinping ecological civilization ideas. China has implemented a national strategy to actively address climate change, resolutely implemented the goal of carbon peak and carbon neutrality, and achieved outstanding results in addressing climate change. Since China launched the world's largest carbon emissions trading market covering greenhouse gases in 2021, the national carbon market has been running smoothly, effectively playing an important role in controlling greenhouse gas emissions and promoting green low-carbon technological innovation.
Next, China will launch the national greenhouse gas voluntary emission reduction trading market as soon as possible, and make every effort to promote the construction of the national carbon market, so as to build it into an effective market to guide green low-carbon technological innovation, guide green low-carbon funds, and promote carbon peak and carbon neutralization. China is willing to strengthen dialogue and cooperation with relevant countries and international organizations, and work with the international community to address global environmental and climate challenges and jointly promote the construction of a community of human destiny. Huang Runqiu, Minister of the Ministry of Ecology and Environment, Wang Zhonglin, Deputy Secretary of the Hubei Provincial Party Committee and Governor of Hubei Province, jointly wrote a new chapter
in the construction and development of the carbon market
with all walks of life. Wang Zhonglin, Deputy Secretary of the Shanghai Municipal Party Committee and mayor Gong Zheng, jointly launched
the conference, pointed out that promoting carbon neutralization at the peak of carbon is a major strategic decision made by the Party Central Committee with Comrade Xi Jinping as its core, which fully demonstrates the role of a major country in dealing with global climate change. It is of great significance to promote resource conservation and environmental protection, accelerate industrial upgrading and promote high-quality economic and social development.
Hubei, as the first pilot province of carbon trading in China and the location of the national carbon emission registration and settlement system, will firmly implement Xi Jinping's ecological civilization thought, continuously improve the function of the carbon platform, improve the service level of the carbon market, promote green and low-carbon development, and promote the development of China's carbon industry. We will build a global carbon trading registration center, a carbon market center and a carbon financial center with national influence, promote the mutual promotion of high ecological value, high production value and high quality of life, and write a new chapter in the construction and development of the carbon market with all walks of life.
To build a fair, reasonable and win-win global climate governance system and make positive contributions
to the global response to climate change, Xie Zhenhua pointed out that China is actively implementing the goal of carbon peak and carbon neutrality declared by President Xi Jinping to the outside world, so as to make the greatest efforts to cope with climate change and promote the comprehensive green transformation of economic and social development. China adheres to the basic positioning of the national carbon emissions trading market as a policy tool to control greenhouse gas emissions, promotes institutional system, infrastructure, data management and capacity building, gives full play to the incentive and restraint role of the carbon market, optimizes the allocation of carbon emission resources, better plays the role of the government, and promotes the better combination of effective market and government. China is ready to work with the international community to jointly promote carbon peaking and carbon neutrality through market mechanisms at low cost, build a fair, reasonable and win-win global climate governance system, and make positive contributions to the global response to climate change. Zhao Yingmin, Vice Minister of the Ministry of
Ecology and Environment, Li Zheng, Standing Committee and Secretary-General of the Shanghai Municipal Committee, Zhang Wentong, Vice Governor of Hubei Province, Huang Zhen, Wang Jinnan and He Kebin, Academicians of the Chinese Academy of Engineering, and Hou Angui, General Manager of Baowu, China, attended. Vice Mayor of Shanghai Liu Duo presided over the opening ceremony. Representatives
from relevant countries and international institutions, provincial and municipal government departments, domestic and foreign carbon market trading institutions, enterprises, third-party carbon market institutions, financial institutions, and experts and scholars from universities and research institutes in the field of carbon participated.
The conference was jointly organized by the Shanghai Municipal People's Government, the Hubei Provincial People's Government and the Ministry of Ecology and Environment, with the theme of "Building a Carbon Emission Trading Market to Promote Carbon Neutralization", to fully demonstrate the effectiveness of the national carbon market construction, and to create a "new business card" for international exchanges and cooperation on climate change. It highlights China's responsibility to implement the national strategy of actively responding to climate change and to promote the construction of a community of human destiny. The conference also set up three sub-venues to discuss the positive role of market mechanism in controlling greenhouse gas emissions, enterprise emission reduction and low-carbon transformation, carbon market and climate investment and financing, so as to promote industry exchanges and deepen international cooperation.
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