Global EditionASIA 中文双语Français
Business
Home / Business / Macro

China to roll out carbon emission futures when market matures

By By Shi Jing in Shanghai | chinadaily.com.cn | Updated: 2021-06-18 19:38
Share
Share - WeChat
[Photo/IC]

Carbon emission futures, which are an integral part of carbon trading, will be rolled out when the market further matures, said the China Securities Regulatory Commission's spokesperson Gao Li at a news conference on Friday.

China's national carbon emission trading system - which adopts a dual city model by trading in Shanghai and accepting applications in Wuhan, Hubei province - is scheduled to go operational at the end of June. The development of carbon emission futures will help to enhance the efficiency of carbon pricing and better meet the market entities' need to manage the fluctuations in carbon pricing, said Gao.

CSRC will help Guangzhou Futures Exchange to conduct extensive research and complete the trading rules for carbon emission contracts. Carbon emission futures will be introduced when conditions are ripe, she added.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE