On the same day, the steering group announced the focus of the next stage, namely, climate-related disclosure and sustainable reporting, carbon market opportunities and the newly established green and sustainable financial center, so as to promote its strategic plan to consolidate Hong Kong's leading position in the field of green and sustainable finance and help the financial ecosystem move towards carbon neutrality.
The SFC further pointed out that China mainland and major overseas markets are committed to a green, low-carbon and climate-adapted economy, and it is expected that the global carbon market will see significant growth. As an international financial center, Hong Kong has a unique position and can play a strategic role as a gateway to the mainland and financing capital to support the country to achieve carbon neutrality.
Online trading in the national carbon market started;
16 At 9: 32 on July, the long-awaited national carbon market opened, which means that the world's largest carbon market was officially launched.
The "Big Data Hub" of China's carbon market is located in Wuhan, Hubei Province, and undertakes the business of carbon emission rights confirmation registration, transaction settlement, distribution and performance, which will bring over 100 billion industries to Wuhan, Hubei Province and lead the green rise of Central China.
The first batch of 2,225 power generation enterprises, with carbon emissions exceeding 4 billion tons of carbon dioxide, will become the largest carbon market covering greenhouse gas emissions in the world. The launch of the national carbon market will fully accelerate the carbon-neutral process of China's peak carbon dioxide emissions and fulfill China's promise.