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The first batch of provincial-level forestry carbon ticket trading contracts were signed|Standardize forestry carbon sinks and revitalize 166 million mu of "green banks"

author:Tianyan News
The first batch of provincial-level forestry carbon ticket trading contracts were signed|Standardize forestry carbon sinks and revitalize 166 million mu of "green banks"
The first batch of provincial-level forestry carbon ticket trading contracts were signed|Standardize forestry carbon sinks and revitalize 166 million mu of "green banks"

Forestry carbon sequestration is one of the effective ways to realize the value transformation of ecological products. As the certificate of the right to benefit from forestry carbon emission reduction, the forestry carbon ticket is the "identity card" for the trading, pledge, cashing and offsetting of the forest carbon sequestration and oxygen release function as an asset.

Guizhou has a forest area of 166 million mu, a forest coverage rate of 62.81%, and a carbon storage of more than 1.5 billion tons in the forest ecosystem. Forestry carbon sequestration projects have unique advantages in the realization of ecological value, under the opportunity of the resumption of the national voluntary emission reduction trading market, through the development of forestry carbon sequestration products, actively participate in market transactions, from the past "selling wood" to "selling air", is an important innovation path for the value transformation of forestry ecological products, and can achieve a "win-win" of "ecological benefits + economic benefits".

The first batch of provincial-level forestry carbon ticket trading contracts were signed|Standardize forestry carbon sinks and revitalize 166 million mu of "green banks"

Jiudaoshui National Forest Park. (Photo courtesy of the Provincial Department of Ecology and Environment)

In 2023, 15 forestry carbon coupons will be developed in various parts of the province, and 568 million yuan of forestry carbon sequestration bank credit will be completed, 186 million yuan will be loaned, and the transaction amount will be 12.01 million yuan. However, due to factors such as different measurement standards, intra-provincial transactions are subject to certain restrictions.

How to solve the problems of limited circulation and trading of local forestry carbon tickets in the province and different measurement standards, and truly revitalize the forest resources of the province?

Recently, the Provincial Forestry Bureau and the Provincial Department of Ecology and Environment jointly issued the first batch of forestry carbon tickets in Guizhou Province after strict review, and 10 places, including Kaiyang County, Shuicheng District, Fenggang County, Qixingguan District, Jiangkou County, Duyun City, Taijiang County, Danzhai County, Jianhe County and Caiheng County, obtained the first batch of provincial forestry carbon tickets, involving more than 13,000 acres of forest land and carbon emission reduction of 123,700 tons during the monitoring period.

The first batch of provincial-level forestry carbon ticket trading contracts were signed|Standardize forestry carbon sinks and revitalize 166 million mu of "green banks"

Promote the realization of the value of ecological products and the signing of the first batch of provincial forestry carbon ticket transactions.

The issuance of provincial forestry carbon tickets will effectively solve the problems of limited circulation and trading of local forestry carbon tickets in the province and different measurement standards, effectively revitalize the forest resources of the province, and strongly promote the realization of the value of ecological products in our province.

Carbon credit trading requires a healthy and orderly market environment. In order to standardize the management of forestry carbon sequestration projects in the province, the Provincial Forestry Bureau, together with the Provincial Development and Reform Commission, the Provincial Department of Ecology and Environment and other units, jointly promoted the construction of Guizhou Ecological Product Trading Center, the construction of ecological product registration and evaluation system, formulated provincial forestry carbon ticket development methodology and trading rules, etc., and successively issued a series of policy documents such as "Guizhou Forestry Carbon Sequestration High-quality Development Action Plan", "Guizhou Forestry Carbon Ticket Registration and Trading Management Rules", "Guizhou Forestry Carbon Ticket Project Methodology" and so on. On this basis, Guizhou Province will also formulate forestry carbon sink project development management measures, tap the potential of forestry carbon sink, promote the establishment of a forestry carbon sink project library covering the whole province, and further standardize the carbon sink trading market.

The first batch of provincial-level forestry carbon ticket trading contracts were signed|Standardize forestry carbon sinks and revitalize 166 million mu of "green banks"

Promote the realization of the value of ecological products and the signing of the first batch of provincial forestry carbon ticket transactions.

"As a market-oriented forestry carbon sink trading tool, the development of forestry carbon tickets requires the joint efforts and active participation of governments at all levels, enterprises, financial institutions and all sectors of society. Fu Qiang, deputy director of the Provincial Forestry Bureau, believes that the government should play a guiding and regulatory role to promote regional forestry carbon sink management legislation and protect the legitimate rights and interests of stakeholders; enterprises should actively participate in carbon emission trading, and earnestly fulfill their political, economic and social responsibilities under the background of "double carbon", and accelerate the promotion of carbon reduction and emission reduction and green and low-carbon transformation and upgrading; financial institutions should innovate financial products and services, participate in structured deposits, carbon bonds, carbon funds and other green financial products, and provide support for the issuance and trading of forestry carbon tickets.

Fu Qiang said that the signing of the first batch of forestry carbon ticket transactions in the province provides an excellent opportunity and platform for Guizhou forestry to further emancipate the mind, innovate ideas, give full play to ecological advantages, and deepen the reform of the forest tenure system. Guizhou forestry will be guided by green ecological construction, calculate green accounts, take green roads, play green cards, realize the organic unity of economic prosperity, people's prosperity, and ecological beauty, so that the concept of "two mountains" wanders in the picturesque landscape and gallops in the green industry, and condenses the development power of "ecological sustainability and together to the future".

Guizhou Daily Tianyan News reporter Gan Jiangdong Jin Qiushi Wang Yao

Edited by Zhang Gong

Second trial: Wang Yao

Third trial Gan Jiangdong

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