Industry news
1.MeetingsOn December 20, the 2023 CSR Global Innovation List Award Ceremony and Summit Forum was successfully held in Guangzhou. Representatives from business, academia and social organizations gathered together to share the future trends and practices of sustainable development. （Quoted from::2023 CSR Global Innovation List |19 projects were awarded for a sustainable future).
2.MeetingsOn December 15, the 4th China-International Development Forum, co-hosted by the United Nations Development Programme (UNDP) in China and the Academy of International Economic Cooperation of the Ministry of Commerce of the People's Republic of China (hereinafter referred to as the "Academy of Commerce"), was successfully held in Beijing. The forum brought together key stakeholders to discuss how to leverage the global partnership for development to advance the achievement of the Sustainable Development Goals (SDGs). As of 2023, nearly half of the SDGs are moderately or significantly off track, and 37% have made no progress at all, even below the 2015 baseline. Therefore, it is urgent for all parties to adhere to the concept of inclusive cooperation, build partnerships with innovative thinking, and widely mobilize and integrate resources and experiences of all parties to promote sustainable development. Quoted from:: Event Review |The 4th China and International Development Forum: Building a Global Partnership for the 2030 Agenda for Sustainable Development).
3.MeetingsOn December 20, the 5th China Asset Management Industry ESG Investment Summit Forum and Huaxia Wealth Management Annual Investment Strategy Conference was successfully held in Beijing City Sub-center. With the theme of "Green Homogeneity, Harmony and Symbiosis", the forum invited authoritative experts from the world, regulatory, industry and academia to conduct in-depth discussions on many topics such as global macroeconomics, international sustainable development guidelines, climate change and carbon market development. Quoted from:: The 5th China Asset Management Industry ESG Investment Summit Forum was held in Beijing to discuss the new picture of green investment
Today's view
Mei Dewen, Vice Chairman of the Beijing Green Exchange: The world is building a carbon pricing system based on a voluntary carbon market
On December 16, the "Sanya Finance International Forum" was held in Sanya, Hainan Province, with the theme of "Exploring the Road to High-level Opening in a Complex Environment" with the support of the people of Sanya and co-sponsored by Caijing, Caijing.com and Caijing Think Tank. Mei Dewen, vice chairman of the Beijing Green Exchange and secretary-general of the Beijing Green Finance Association, said that the world is gradually and methodically building a unified carbon pricing system based on the voluntary carbon market from supply to demand, from the first to the private, from the industry to the finance, from the domestic to the international. The carbon market is divided into two types of markets, mandatory carbon market and voluntary carbon market. The mandatory carbon market is mainly aimed at enterprises in energy-intensive industries with high energy consumption, high pollution and high emissions, similar to a constraint mechanism, allowing enterprises to pay the externalities of the comprehensive social emission reduction costsThe voluntary carbon market is more of an incentive mechanism to motivate enterprises in low-carbon, zero-carbon or even carbon-negative industries.
The carbon market is a product of the response to climate change and has two distinctive features, namely property rights and finance. The effectiveness, liquidity and stability of the carbon market basically depend on a clear, fair and reasonable definition of carbon emission property rights, which is based on the system of total control and trading rights, which is a necessary conditionSecond, there must be market-oriented products, which is a sufficient condition. Only by meeting these two conditions can the goal of "building a more effective, dynamic and internationally influential carbon market" be achieved. Nearly half of the world's photovoltaic in China, more than half of the new energy vehicles in China, more than 1 4 of the new green area in China, China exports the new three - photovoltaics, lithium batteries, new energy vehicles. But how can it be done to the next level?At least two conditions, namely long-term stable expectations and long-term stable funds, which are of course inseparable from green finance, green bonds, green **, etc. In the process of China's carbon neutrality and the development of China's new energy industry, the carbon market is absolutely inseparable, and the carbon market can provide a long-term stable expectation for China's new momentum and a long-term development fund.
Quote: Mei Dewen, Vice Chairman of Beijing Green Exchange: The world is building a carbon pricing system based on a voluntary carbon market