Carbon Neutrality in the Guangdong-Hong Kong-Macao Greater Bay Area—Carbon Markets and Policy Recommendations
Promoting carbon peak and carbon neutrality is a major strategic decision made by the Central Committee of the Communist Party of China.The Guangdong-Hong Kong-Macao Greater Bay Area holds an important strategic position in the new national development pattern.The low-carbon practice of coordinated development in the Guangdong Hong Kong Macao Greater Bay Area under the"dual carbon"goal is of great significance and has a long way to go.The construction and development of a robust carbon market is crucial to achieving carbon neutrality.Despite progress in development,there are still challenges that remain,such as incomplete development and inadequate supervision persist in the Greater Bay Area's carbon market,hindering progress towards carbon neutrality goals.Addressing these issues requires harmonized standards,innovative market development,and enhanced regulatory measures to drive regional high-quality development.
Carbon Trading MarketCarbon NeutralityGuangdong-Hong Kong-Macao Greater Bay AreaGreen Finance