Development problems and countermeasures of forestry carbon sink market based on Saihanba CCER projects

doi:10.12006/j.issn.1673-1719.2022.267

Abstract

Abstract:

Under the strategic goal of “Carbon Peak and Carbon Neutrality”, the task of improving forest coverage rate and accumulation quantity is made clear, and the carbon sink trade is planned to be brought into the national carbon emission trading market, and the ecological protection compensation mechanism which can reflect the value of carbon sink is suggested to be improved. Since 2012, China has established a national voluntary greenhouse gas emission reduction trading mechanism to record and issue China Certified Emission Reduction (CCER) for emission reduction projects including forestry carbon sink. Due to the challenges of forestry carbon sink projects in development, operation, trading and other stages, and the suspension of voluntary emission reduction related applications by competent authorities in 2017, the development of China’s CCER carbon sink projects was relatively insufficient, and the number of registered projects accounted for only 2%. Based on the perspective of Saihanba CCER project, this paper investigates and analyzes the key technologies, comprehensive benefits, problems and challenges of carbon sink project development, and puts forward policy recommendations to promote the development of forestry carbon sink based on market mechanism.

Key words: Forestry carbon sink, China Certified Emission Reduction (CCER) project, Voluntary emission reduction, Market mechanism

LIU Hai-Yan, ZHENG Shuang, SUN Yi-Jia, YU Sheng-Min. Development problems and countermeasures of forestry carbon sink market based on Saihanba CCER projects[J]. Climate Change Research, 2023, 19(3): 381-388.

Figures/Tables 1

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