Inventory of nine major carbon emission exchanges in China!

2024-09-27 11:11:58

At present, there are nine regional carbon emission trading markets and corresponding exchanges in China. These exchanges are located in different regions, covering a wide geographical range from north to south, aiming to promote the development of carbon emissions trading and green finance throughout the country.

Carbon emission trading refers to the behavior that the included emission control enterprises can be transferred to the national carbon emission trading system through the national carbon emission registration system after obtaining the number of carbon emission rights issued by the competent authorities. When the actual emissions of the included emission control enterprises exceed the quota issued, they need to purchase quotas in the trading market to complete the performance work. When the actual emissions of the included emission control enterprises are lower than quota obtained, the surplus quotas can be carried forward in the trading market or sold to the outside world.

At present, there are nine regional carbon emission trading markets and corresponding exchanges in China. These exchanges are located in different regions, covering a wide geographical range from north to south, aiming to promote the development of carbon emissions trading and green finance throughout the country.

Shanghai Environmental and Energy Exchange is the designated implementation platform for Shanghai's carbon trading pilot project, China's certified voluntary emission reduction trading platform registered by the National Development and Reform Commission, and the national carbon emission trading system construction and operation institution designated by the Ministry of Ecology and Environment. At present, it has become one of the largest environmental exchanges in China. At present, Shanghai Environmental Energy Exchange has established the development orientation and goal of "one body, three functions and five centers" by taking the opportunity of launching the online trading of the national carbon market, and has made positive contributions to building Shanghai into an internationally influential carbon trading center, carbon pricing center and carbon financial center by the end of the 14th Five-Year Plan. Those who conduct carbon emissions trading

on the exchange shall be members of the exchange. Members may conduct transactions directly, and clients shall entrust comprehensive members to participate in transactions on their behalf.

Trading form: Carbon emissions trading can be conducted through listing trading, agreement transfer, etc.

Trading hours: The trading hours for listing are from 9:30 a.m. to 11:30 a.m. and from 13:00 p.m. to 14:00 p.m. every Monday to Friday. The transaction time of the agreement transfer is from 14:00 p.m. to 15:00 p.m. every Monday to Friday.

Beijing Green Exchange is one of the most influential comprehensive environmental rights and interests trading markets in China, which is the first batch of voluntary emission reduction trading institutions registered by the competent national authorities, the pilot trading platform for carbon emissions trading in Beijing designated by the Beijing Municipal Government, and the service platform for the elimination and renewal of old motor vehicles in Beijing. Beijing Green Exchange has carried out fruitful market innovations in environmental rights and interests trading, green double-carbon services, green public services and green financial services, initiated the formulation of China's first voluntary emission reduction standard "Panda Standard", and participated in drafting the People's Bank of China's "Environmental Rights and Interests Financing Instrument" and other green financial industry standards. It provides carbon accounting and consulting services for the carbon neutralization scheme of the 2022 Winter Olympics and the Winter Paralympic Games, and all kinds of carbon assets trading are in the forefront of the domestic carbon market.

Transaction participants are divided into transaction participants of performing institutions, transaction participants of non-performing institutions and transaction participants of natural persons. The trading varieties listed

on the market of the Exchange include:

1. Carbon emission quota (code: BEA);

2.

Trading forms include:

1. Open trading;

2. Agreement transfer;

3.

Trading days are from Monday to Friday. The market shall be closed on the national statutory holidays and the closing days announced by the Institute.

Open trading hours: 9:30 to 11:30 and 13:00 to 15:00 of each trading day. Transaction time for transfer by

agreement: 9:30 to 12:00 and 13:30 to 16:00 of each trading day.

2018, Tianpai introduced Ant Financial Services Group as a strategic investor. After the introduction of strategic investment, Tianpai Institute will take "stimulating the green kinetic energy of the whole society" as its mission, devote itself to providing innovative environmental solutions with science and technology and finance as the core for the whole society, and become an internationally influential platform for energy and environmental rights trading and green financial incubation. Subject of

trading: domestic and foreign institutions, enterprises, groups and individuals that meet the requirements of Tianpai can participate in carbon emissions trading.

The trading day is from 9:30 a.m. to 11:30 a.m. and from 13:00 p.m. to 15:00 p.m. every Monday to Friday (except for national statutory holidays and closing days announced by Tianpai).

2016, Guangzhou Carbon Institute launched the only platform in China to provide comprehensive financial services for green low-carbon industries- "Guangzhou Carbon Green Gold", which effectively integrates credit, bonds, equity transactions, funds, financial leasing and asset securitization related to green finance, and creates a multi-level green financial product system.

The transaction participants refer to all parties involved in the PHCER transaction in Guangzhou Institute of Carbon, mainly including: 1. PHCER project owners; 2. Emission control enterprises, units and new project enterprises included in the carbon trading system of the pilot provinces and cities of carbon emissions trading; 3.

The trading day of Guangzhou Carbon Exchange is from Monday to Friday, and the trading time is from 9:30 to 11:30 and from 13:30 to 15:30 of each trading day (subject to the time of the trading system server). The market is closed on the national statutory holidays and the closing days announced by Guangzhou Carbon Institute.

Trading participants refer to the members or investors engaged in trading in the Exchange.

The trading hours are from 9:30 to 12:00 and from 13:30 to 15:30 every Monday to Friday.

Exchange is currently the only one in China that collects carbon emission rights, energy use rights, emission rights, The environmental resources trading platform with water rights trading as its core business has taken the lead in joining the United Nations Principles for Responsible Investment (PRI) among domestic trading institutions, practicing and advocating the principle of responsible investment with green development as its core in actual business activities, which has attracted much attention from the international and domestic markets. Participants in carbon emission trading

in Sichuan Ring Exchange shall be members of carbon emission trading in Sichuan Ring Exchange, including brokerage members, institutional members, natural person members and public welfare members. The trading time of

carbon emission rights is 9: 30-11: 30 and 13: 00-15: 00 from Monday to Friday.

Market participants must be members of the Center, including domestic and foreign institutions, enterprises, organizations and individuals (excluding third-party verification institutions and settlement banks), who can participate in the transactions of the subject matter of the Center.

Transaction mode: The center adopts the mixed transaction mode of "negotiated price transfer" and "pricing transfer". The trading hours of the

center are 9: 30-11: 30 and 13: 00-15: 00 from Monday to Friday every week.

transactions: the units included in the quota management scope of Chongqing Municipality and the market entities and natural persons meeting the provisions of the Detailed Rules can apply for the transaction Participants engage in carbon emissions trading activities. The

trading hours of the exchange are from 9:30 to 11:30 and from 13:30 to 15:30 every Monday to Friday.

carbon emission trading include key emission units incorporated into the Fujian carbon emission quota trading system and legal persons, other economic organizations and natural persons that meet the requirements of the Maritime Exchange Center.

Transaction method: listing and selection, agreement transfer and pricing transfer.

Trading hours: 9:30 to 11:30, 13:30 to 15:30 every Monday to Friday. Relevant data such as clinker production process emission, fuel combustion emission, total carbon emission-carbon intensity and the like are

calculated , For more cement sector carbon policies and data, see: Shanghai Environmental Energy Exchange will bring a wonderful report on "Carbon Asset Management Policy and Practice in Cement Industry". Please look forward to it.

All can be viewed after purchase
Correlation

For more policies and data on carbon emissions in the cement industry, please check the Double Carbon Channel of China Cement Network.

2024-02-04 17:01:23

近年来,因全球气候变暖的趋势日益严峻,欧洲全社会积极推行环保低碳的进程中,对水泥工业的压力较大。在欧盟各国政府、大批环保低碳主义人士和思想前卫的水泥专家,三方协同呼吁和推动下,传统的水泥工业领域出现了一些新理念、新尝试、新创造和新动态,打破了原先比较平静的按部就班发展的局面。

2019-11-13 10:19:34

Let us work together to practice the concept of green development with practical actions and contribute our strength to the realization of the country's "double carbon" goal. Look forward to your participation and jointly create a bright future for the cement industry!