The CCER market is fully restarted! You have to know this!

Mondo Technology Updated on 2024-02-02

On January 22ndNational Greenhouse Gas Voluntary Emission Reduction Trading (CCER) marketThe launching ceremony was held in Beijing, and CCER is also calledNationally certified voluntary emission reductionsIt and the national carbon emission trading market launched in July 2021, one focuses on "voluntary" and the other focuses on "mandatory", complementing each other and will jointly constitute China's national carbon emission trading system.

What is the point of restarting CCER?

Depending on the scale of the national carbon market, the future market size of CCER is unpredictable, and the market demand for CCER will gradually increase. After the restart of the CCER marketKey emitting enterprisesCCER can be used to offset some of the carbon emissionsNon-key emitting enterprisesYou can also participate in the carbon market transactions through the CCER project, and obtain economic returns through CCER.

Restart the CCER market, yesChina is an important step in tackling global climate changeIt is an important tool for China to achieve the strategic goal of carbon peak and carbon neutrality. First, it can expand the group of participants in the carbon market; Second, it can reduce the total cost of emission reduction for the whole society; Third, it can promote the development of green finance in China. Fourth, it can enhance the awareness of carbon emission reduction among enterprises and the public.

Who can participate?

The national carbon emission trading market is a mandatory market, and the state will set emission caps for some key carbon emission units or enterprises, and if the enterprises exceed this limit, they will have to buy corresponding allowances to offset the excess carbon emissions. the marketAt present, only the power sector is coveredIn the future, it will be included in energy-intensive industries such as petrochemicals, iron and steel, nonferrous metals, papermaking, chemicals, and building materials

Voluntary Greenhouse Gas Emissions Reduction Trading (CCER) is different, with the word "voluntary" prominent. This means that companies can generate emission reductions through some emission reduction projects, and this emission reduction can be put on the voluntary emission reduction trading market, and these emission control companies, such as those with insufficient allowances, can buy them.

Looking to the future, with the maturity of the trading mechanism, individuals can trade the emission reductions generated by practicing green life in the voluntary greenhouse gas emission reduction trading market after unified accounting.

Which industries have a chance to explode?

At present, the first batch of four methodologies has been published, including carbon sinks for afforestation of open land

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