According to the current common practice, the following two methods are mainly used for forestry carbon sequestration trading in China's carbon emission trading market (CCER).
The first way is that after the forestry carbon sequestration CCER of the projects filed and issued by the National Development and Reform Commission (NDRC), these projects will be submitted to the carbon exchange filed with the NDRC for trading. These forestry carbon sequestration CCER can be used for the performance of key emitting units (emission control units) or for relevant organizations to carry out voluntary emission reductions such as carbon neutrality and carbon compensation, and fulfill social responsibilities. This is the main and common way of trading.
The second way is that after the project is registered, the project owner signs a subscription agreement with the buyer and pays a deposit or advance payment. Each time the project receives emission reductions issued by the national authorities, these forestry carbon sequestrations will be delivered to the buyer.
Through these two ways, the trading and utilization of forestry carbon sinks can be realized, contributing to China's carbon emission reduction and climate change response. The smooth progress of these forestry carbon sequestration transactions requires not only the improvement of market mechanisms and policy support, but also the active participation and joint efforts of all parties.
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