China's national carbon market's trading volume reached 465 million tonnes by June, with a 90.8% price increase since launch, covering 5.1 billion tonnes of annual emissions.
China's national carbon market has seen increased vitality over the past three years, with a trading volume of 465 million tonnes of carbon emissions and a total turnover of 27 billion yuan by June end, according to the Ministry of Ecology and Environment. Carbon prices have steadily increased, rising by 90.8% since launch, and the market covers 5.1 billion tonnes of carbon emissions annually.
July 29, 2024
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