The CCER trading market is a key supplement to the national carbon emission trading marketThe carbon market is a market that is artificially created by controlling the emissions of energy-consuming companies. Typically, a total amount of carbon emissions is determined and carbon emission allowances are allocated to the company according to certain rules. If the company's emissions are higher than the quota in the future, it needs to buy allowances in the market. At the same time, some enterprises can use the carbon trading market to exceed the quota if the final carbon emission is lower than the quota they have obtained by adopting energy-saving and emission reduction technologies.
CCER (China CertifiedMissionReduction) is the abbreviation of China's certified voluntary emission reduction, which is the quantification, verification, and CCER trading market of carbon dioxide absorbed by greenhouse gas emission reduction projects (renewable energy, forestry carbon sinks, methane utilization, etc.), which is a key supplement to the national carbon emission trading market.
Certified Voluntary Emission Reduction (CER) trading is an attempt to indict that emitting companies purchase certified emissions from companies that engage in "carbon offsetting" activities that can be used to offset their own carbon emissions.
"Carbon offsetting" refers to the activities used to reduce greenhouse gas emission sources or increase greenhouse gas absorption, and is used to compensate or offset greenhouse gas emissions generated by other emission sources, that is, the carbon emissions of emission control enterprises can be offset by using clean energy to reduce greenhouse gas emissions or increase carbon sinks by non-emission control enterprises. Offset credits are issued after the emission reductions are obtained through the implementation of specific emission reduction projects, such as renewable energy projects, forest carbon sequestration projects, etc.
Voluntary Market - National Certified Voluntary Emission Reduction (CCER): refers to the quantitatively verified greenhouse gas emission reduction effect of renewable energy, forestry carbon sink, methane utilization and other projects in China, and the greenhouse gas emission reduction registered in the national greenhouse gas voluntary emission reduction trading registration system, which is given to emission reduction enterprises in the form of CCER spot trading.