On November 17th, the National Center for Climate Strategy and International Cooperation announced the publication of rules and guidelines to standardize the voluntary registration of nationwide greenhouse gas emission reduction initiatives. This initiative aims to regulate the design and implementation of voluntary greenhouse gas reduction projects in accordance with the "Management Measures for Voluntary Greenhouse Gas Emission Reduction Trading (Trial)." The released documents include the "Rules for Voluntary Greenhouse Gas Emission Reduction Registration (Trial)" and the "Guidelines for the Design and Implementation of Voluntary Greenhouse Gas Emission Reduction Projects".
Simultaneously, the Beijing Green Exchange issued the "Rules for Voluntary Greenhouse Gas Emission Reduction Trading and Settlement (Trial)" to regulate national voluntary greenhouse gas emission reduction trading. The purpose is to protect the legitimate rights and interests of all participants in the national voluntary greenhouse gas emission reduction trading market, maintain market order, and ensure the fair and orderly operation of the market.
These three regulations serve as crucial complementary measures to the "Management Measures for Voluntary Greenhouse Gas Emission Reduction Trading (Trial)." They contribute to strengthening the foundational structure of the trading market, standardizing market activities, and safeguarding the order and legitimate interests of all participants in the trading market.