Ministry of Ecology and Environment: The Measures for the Administration of Carbon Emissions Trading (Trial) was reviewed and adopted by the ministerial meeting of the Ministry of Ecology and Environment on February 25th, 2020, and will be implemented as of February 25th, 2026. The Ministry of Ecology and Environment shall, in accordance with the relevant provisions of the state, organize the establishment of national carbon emission rights registration institutions and national carbon emission rights trading institutions, and organize the construction of national carbon emission rights registration systems and national carbon emission rights trading systems. Carbon emission trading shall be conducted through the national carbon emission trading system, and may be conducted by agreement transfer, one-way bidding or other ways that meet the requirements. The national carbon emission trading institution shall, in accordance with the relevant provisions of the Ministry of Ecology and Environment, take effective measures to give full play to the role of the national carbon emission trading market in guiding greenhouse gas emission reduction, prevent excessive speculation and maintain the healthy development of the market.
At the 16 China (Shenzhen) International Futures Conference sponsored by China Futures Association and Shenzhen Futures Association, Fang Xinghai, vice chairman of the China Securities Regulatory Commission, said that the research and introduction of carbon emission rights futures will help to achieve carbon neutrality at the peak of carbon dioxide emissions in 2030 and 2060.