On September 24, the "China Carbon Market Conference 2025" jointly organized by the Shanghai Municipal People's Government, the Hubei Provincial People's Government and the Ministry of Ecology and Environment was held in Shanghai.
The meeting pointed out that by the end of August, the total turnover of the national carbon emissions trading market was nearly 700 million tons, with a turnover of about 48 billion yuan. Among them, the annual turnover in 2024 reached a new annual high since the market started online trading in 2021. The National Carbon Market Development Report (2025) released at the
same time shows that the vitality of market transactions is further enhanced. In 2024, the national carbon emission trading market operated for 242 trading days, and the average daily trading volume of carbon emission quotas increased by 43.55% compared with the previous performance cycle. The total annual trading volume was 189 million tons, and the annual turnover was 18.114 billion yuan, which was the highest level since the market started in 2021. In 2024, the national electricity carbon emission intensity decreased by 10.8% compared with 2018, and the carbon market played an important role in this. In March
2025, on the basis of the power generation industry, the State Council formally approved the incorporation of steel, cement and aluminium smelting industries into the national carbon emission trading market. After the national carbon emissions trading market expanded its industry coverage for the first time, more than 1300 new key emission units were added, and the proportion of carbon dioxide emissions covered in the national total increased to more than 60%.
The national greenhouse gas voluntary emission reduction trading market is another important policy tool to help achieve the "double carbon" goal after the national carbon emission trading market. In March 2025, the first batch of newly registered certified voluntary emission reductions were traded in the trading system. The report shows that by the end of August, the total turnover of the national greenhouse gas voluntary emission reduction trading market was 2.7061 million tons, with a turnover of 229 million yuan, and the average transaction price repeatedly exceeded 100 yuan per ton. Sun Jinlong, Secretary of the Party Leadership Group of the Ministry of
Ecology and Environment, said that in the future, the coverage and trading subjects of the carbon market will be steadily expanded, trading varieties and trading methods will be enriched, exchanges and cooperation in the carbon market will be strengthened, and the construction of a more effective, dynamic and internationally influential carbon market will be accelerated.
浙公网安备33010802003254号