China News Agency, Guangzhou, July 14th (Wang Hua, Li Yuxia) Guangzhou Carbon Emissions Trading Center (referred to as Guangzhou Carbon Exchange) announced on the 14th that it has accumulated a transaction quota of 207 million tons and a total transaction value of 5.092 billion yuan (RMB, the same below) , and expand the "circle of friends" of green finance.
According to Meng Meng, general manager of Guangzhou Carbon Emissions Trading Center, as of June 2022, the Guangdong carbon market has carried out 262 transactions of various types of carbon finance, involving 55.3879 million tons of carbon emission rights, helping emission control enterprises to achieve financing of 469 million yuan ; GCSE also promotes international exchanges and cooperation in the carbon market, explores the linkage between futures and spot markets based on the Guangdong carbon market, researches and establishes a cross-border trading mechanism for carbon emission rights, and promotes the construction of the carbon market in the Guangdong-Hong Kong-Macao Greater Bay Area; cooperates with major international carbon markets and trading institutions Carry out exchanges and establish cooperation in the fields of rules, standards and paths of the international carbon market.
On the other hand, GFCI undertakes the secretariat function of the Green Finance Professional Committee of the Guangdong Society of Finance and Economics (referred to as "Guangdong Green Finance Committee"), and continues to expand the green finance "circle of friends".
As of June 2022, the Guangdong Green Finance Committee has a total of 68 member units, covering various green finance-related institutions such as banks, securities, insurance, trusts, universities, and research institutes, an increase of 17% over the same period last year.
GFCI also promotes exchanges and cooperation on green finance in the Greater Bay Area, and serves as the co-leader of the Working Group on Cross-border Green Gold Product Standards and the Working Group on Mutual Recognition of Green Finance Standards in the Guangdong-Hong Kong-Macao Greater Bay Area. Landed applications in the Greater Bay Area.
It is reported that the Guangdong Green Finance Committee will deepen the green finance cooperation in the Guangdong-Hong Kong-Macao Greater Bay Area, promote the establishment of the Carbon Finance Laboratory in the Guangdong-Hong Kong-Macao Greater Bay Area in Guangzhou, participate in the 2022 Guangdong-Hong Kong-Macao Greater Bay Area Green Finance Alliance Annual Meeting, and launch a partnership with the Greater Bay Area for promotion. Potential demonstration projects; continue to serve the green transformation of financial institutions, support climate investment and financing pilot projects, and provide professional support for the implementation of carbon emission reduction support tools.
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