1、 Progress Report of Chinas National Carbon Market(2025)Ministry of Ecology and Environment of the Peoples Republic of ChinaSeptember 2025Progress Report of Chinas National Carbon Market(2025)Foreword 1.The National Carbon Market is an essential policy tool in accelerating green transition in all asp

2、ects of economic and social development 2.Institutional framework of the National Carbon Market reached new heights 3.The National Carbon Emission Trading System accomplished the first expansion of sector coverage 4.The market vibrancy of the National Carbon Emission Trading System was further enhan

3、ced 5.The Carbon Emission Allowances allocation and surrender in 2024 were completed successfully 6.The National Voluntary Greenhouse Gas Emission Reduction Trading Market evolves steadily7.Data quality management of the National Carbon Market has been strengthened continuously 8.The digital and int

4、elligent infrastructure of Chinas National Carbon Market was optimized 9.International cooperation on the National Carbon Market has been increasingly deepened 10.Effectiveness of Chinas National Carbon Market development has become increasingly evident Outlook Milestones 01030614192428353944506058C

5、ontents Progress Report of Chinas National Carbon Market(2025)01Climate change is a challenge faced by all humanity.China has adopted a national strategy of actively responding to climate change.The carbon market serves as an essential policy tool that utilizes market-based mechanisms in addressing

6、climate change and drives green transition in all aspects of economic and social development.It is also a powerful measure for achieving the goals of peaking carbon emissions and carbon neutrality.According to World Bank statistics,37 emissions trading systems are currently operating worldwide.Juris