CCER trading volume in Sichuan’s carbon market soars by nearly five times YOY
Environment
Ulaanbaatar /MONTSAME/. Recently, in the trading hall of Sichuan United Environment
Exchange (SUEE), the first of its kind outside China’s carbon emissions trading
pilot areas and the eighth in the country, the huge electronic screen has looped
more than 50 Chinese Certified Emissions Reductions (CCER) projects from more
than 20 provincial-level regions. These projects, from various industries covering
wind power, hydropower and photovoltaic power generation, demonstrate the
robust vitality of Sichuan’s CCER market. Since early this year, the CCER
trading volume in Sichuan has increased by 483% YOY.
SUEE launched its carbon neutrality platform in June 2019.
The platform is open to government organizations, public institutions,
enterprises and individuals from such fields as food, accommodation services
and retails. By the end of 2020, the platform has helped offset over 1,950 tons
of emissions under CCER projects, equivalent to the one-day emissions of
220,000-plus private cars.
By July 31, 2021, Sichuan has seen 98 low-carbon social
activities attended by more than 8,621 people, offsetting greenhouse gas
emissions of 4,828.91 tons of carbon dioxide equivalent.
“By 2022, Sichuan will have set up an innovative carbon neutrality
service platform, and various international and national large-scale low-carbon
events such as the FISU World University Games will set an example for carbon neutrality.
Carbon neutrality is a goal of the province, and will cover more fields,” said
an official from the Department of Ecology and Environment of Sichuan Province.
Recently, the Sichuan
Scheme for Promoting and Standardizing Carbon Neutrality, the first of kind
nationwide, was released. According to the scheme, Sichuan will promote
realization of carbon neutrality in social activities. Focusing on activities
by organizations and individuals, the scheme allows multiple ways to realize carbon
neutrality, including afforestation and purchase of emission credits.
Therefore, Sichuan encourages organizers and operators of competitions,
conferences, forums, exhibitions and tourism, production and other activities
to pursue carbon neutrality and reduction of greenhouse gas emissions, to carry
out demonstration projects featuring carbon neutrality relying on forests,
grasslands and wetlands for large-scale activities, and to adopt carbon
emission reduction measures for carbon neutrality under the international,
national and regional carbon credit systems.
Moreover, Sichuan will also create the “Green List” and “Black List” for supervision over carbon neutrality activities, and will promote related service platforms to tap into Tianfu Credit.
Contact: Zhang Peng
Tel: 008628-86968621
Email: zhangpeng _28@foxmail .com