Development Status of China's Carbon Sequestration Trading Market
Abstract
In 2020, China proposed the goals of "carbon peak" in 2030 and "carbon neutralization" in 2060. Based on this, China will take a variety of ways to reduce carbon dioxide emissions, among which the way of increasing forest carbon sink will play a key role in reducing emissions. Building a carbon sequestration market can accelerate the growth of forest carbon sequestration and encourage enterprises to reduce carbon emissions through various methods. This paper will introduce the background, prospect and development situation of Chinese carbon sink market, then put forward policy suggestions that can help to improve the carbon sink trading market.
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DOI: http://dx.doi.org/10.18686/fm.v7i6.6041
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