Ministry of Ecology and Environment: Two and a half years since the launch of the national mandatory carbon market, the overall operation has been stable. Zhao Yingmin: Addressing climate change is not something others ask us to do, but something we have to do ourselves.

The "Regulations" focus on clarifying institutional mechanisms, standardizing trading activities, ensuring data quality, punishing illegal activities, and opening up a new situation in the rule of law in my country's carbon market. The national carbon market is a policy tool to achieve low-cost carbon reduction for the whole society.