Chemical Compliance
Intelligence & Solutions
Carbon Financial Products
Local Title:
Carbon Financial Products
Country/Region:
Chinese Mainland
Competent Authority:
China Securities Regulatory Commission (CSRC)
Type:
Standard
Status:
In force
Release Date:
2022-04-12
Implementation Date:
2022-04-12
Document
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ZH
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Summary

On 12 April 2022, the China Securities Regulatory Commission (CSRC) issued a standard JR/T 0244-2022 Carbon Financial Products (hereinafter referred to as the " Standard "), which came into force upon promulgation.

In order to hit carbon emission peak before 2030 and achieve carbon neutrality by 2060, it is hereby formulated the standard on Carbon Financial Products to

  • promote the establishment of a national unified carbon emission trading market,

  • assist relevant institutions in identifying, using and managing carbon financial products, and

  • promote the low-carbon transition of the real economy

Obligations