Shanghai has been complying with carbon emissions for 9 consecutive years

　　Sinochem New Network News As of December 30, 2022, all the enterprises under the management of Shanghai have completed the settlement of carbon emission allowances in 2021, creating a record of 100% compliance for 9 consecutive years. At present, the cumulative turnover of spot products in the Shanghai carbon market is 227 million tons, with a cumulative transaction volume of more than 3.6 billion yuan, and the transaction volume of nationally certified voluntary emission reductions ranks first in the country.

　　According to reports, in 2022, the Shanghai carbon market will focus on improving the carbon trading system with the standard system as the key, mechanism innovation as the focus, and management system improvement as the starting point. The first is to optimize and improve the accounting methods and accelerate the construction of a unified and standardized carbon emission statistical accounting system; the second is to strengthen the management of third-party verification institutions, with reference to national requirements and relevant regulations of Shanghai, the Municipal Bureau of Ecology and Environment to carry out supervision and evaluation of verification institutions, and pay attention to the closed-loop management of the whole process. The third is to set up a special team to promote the implementation of the contract.

　　According to the relevant person in charge of the Shanghai Municipal Bureau of Ecology and Environment, in the next step, Shanghai will continue to improve the construction of the carbon emission system, explore and expand the scope of trading entities, actively promote the innovation of carbon financial products and services, continue to be a good test field for the national carbon market, and effectively play the role of the market mechanism in promoting the realization of Shanghai's "double carbon" goal.