Enterprise side:
(1) Enterprises declare carbon emission data
Key emitting enterprises shall submit annual carbon emission reports with reference to the accounting and reporting guidelines。
(2) Third-party verification
Key emitting enterprises entrust a certified third-party verification agency to verify the annual emission report。
(3) Quota allocation
*The competent authority shall allocate allowances in accordance with the quota verification method based on the carbon emission report and verification report of key emitting enterprises.
(4) Buying and selling transactions
After obtaining allowances, key emitting enterprises will trade allowances through the carbon trading platform.
In accordance with relevant national regulations, the Ministry of Ecology and Environment has organized the establishment of a national carbon emission allowance registration agency and a national carbon emission rights trading agency, as well as a national carbon emission allowance registration system and a national carbon emission allowance trading system. The national carbon emission trading institution is responsible for carrying out the national carbon emission trading in a centralized and unified manner. Before the establishment of the national carbon emission trading institution, the Shanghai Environment and Energy Exchange will undertake specific work such as the opening and operation and maintenance of the national carbon emission trading system.
Trading entities participating in national carbon emission trading need to open real-name trading accounts, and open registration accounts and capital accounts at registration institutions and settlement banks respectively. Only one trading account can be opened for the same trading entity.
After the key emitting enterprises submit the account opening materials, the Shanghai Environment and Energy Exchange will review the materials and initiate the account opening operation for the enterprises that have passed the review. After the transaction entity completes the bank account binding and activation, the trading system will send a text message to the mobile phone number of the account representative (usually before 17:00 on the day of bank account activation), including the customer number of the trading system, the operator account number and the initial password.
Personal:
It is understood that individual investors applying for trading membership need to meet a variety of corresponding conditions to open an account, including: individuals need to pass the basic knowledge assessment of online carbon market trading when opening an account, and have certain carbon asset management and trading capabilities;The account holder must hold an investment account such as ** and carbon trading for one year, and the one-year transaction volume needs to be greater than or equal to 500,000 yuan.
The Hubei Emissions Trading Center opened in April 2014 and supports the opening of individual and institutional accounts, but last year, the Hubei Emissions Trading Center's official WeChat account announced that it would suspend the review of individual account opening applications from November 4, 2022. On March 22 this year, individual investors reopened their account opening applications.
In addition to the Hubei Emissions Trading Center, Chongqing Emissions Trading Center, Guangzhou Carbon Emission Exchange, Straits Equity Trading Center, Sichuan United Environment Exchange and Shenzhen Carbon Emission Exchange can also apply for individual carbon trading accounts, but the conditions are slightly different.
The Chongqing Emissions Trading Center has made special requirements for financial assets. To open an account, an individual needs to have rich investment experience, high risk identification ability and risk tolerance, and financial assets of more than 100,000 yuan.
The Guangzhou Carbon Emission Exchange is similar to the Hubei carbon emission trading market in that individuals who open an account need to hold an investment account such as ** and carbon trading for one year, and the transaction volume in the past year is not less than RMB 500,000, and they need to pass the basic knowledge assessment of carbon market trading organized by Guangzhou Carbon. In addition, the institute also requires individuals to have participated in domestic carbon market training courses.
Some exchanges have certain requirements for personal account permissions, such as the personal account of Guangzhou Carbon Exchange cannot be traded ccer;The personal account of the Shenzhen Carbon Emission Exchange can only participate in the purchase business and cannot be **, etc.
Taking the Hubei Carbon Emission Trading Center's "Operation Guide for Individual Investor Account Opening" as an example, the operation process of individual account opening is sorted out.
1. Qualification review
Submit screenshots of the accounts involved in the application conditions for review.
2. Market entry test
If approved, a reply will be received from the ETC and a link will be posted with the "Hubei Carbon Market Investor Entry Test". Only those who pass the test can enter the online account opening process.
3. Open an account online
Select the "Individual Registration" item, fill in the relevant information truthfully, and submit it for review after checking that it is correct. Wait until the staff reviews it.
4. Pay the account opening fee and get a trading account
Hubei Emissions Trading Center is required to pay 200 yuan for individual account opening. If the payment is successful, obtain the account's exclusive seat number transaction account, sign the card binding card, deposit and withdrawal process and other relevant information, and complete the relevant operation steps.
The official website of the nine major exchanges in China:
Beijing Green Exchange:
Shanghai Environment & Energy Exchange:
Guangdong Carbon Emission Exchange:
Hubei Emissions Trading Center:
Shenzhen Emissions Exchange:
Tianjin Emissions Exchange:
Chongqing Emissions Trading Center:
Straits Equity Exchange Center:
Sichuan Environment United Exchange: