This year's work report proposes to improve the fiscal, tax, financial, investment, and market-oriented policies that support green development. "Clarifying the financial attributes of carbon emission rights will help increase the liquidity and activity of the carbon market, optimize the allocation of resources through market mechanisms, and guide more funds to invest in low-carbon and green industries, so as to effectively promote the realization of carbon emission reduction goals." Nan Cunhui, member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and chairman of Chint Group, said.
Nan Cunhui believes that China's carbon finance market has made initial progress, but the financial attributes of carbon emission rights have not yet been clarified, which restricts the development of the carbon finance market to a certain extent.
To this end, member Nan Cunhui suggested that an institutional system based on the "Interim Regulations on the Administration of Carbon Emission Trading" should be built and supported by departmental rules, normative documents and technical specifications to further promote the construction of green finance and financial standard system. At the same time, it is recommended that the competent authorities of ecology and environment further expand the coverage of the carbon market, and work with relevant financial authorities to encourage financial institutions to explore the innovation of carbon financial products and tap the value of carbon emission rights. (Economic ** reporter Zeng Shiyang).