[Policy Update] NDRC and Ministry of Finance Jointly Issue "Implementation Plan for Promoting Comprehensive Ecological Compensation"

📰 News Highlight

On May 22, 2026, the National Development and Reform Commission (NDRC) and the Ministry of Finance jointly released the "Implementation Plan for Promoting Comprehensive Ecological Compensation" (the "Plan").

⚙️ Core Components

1.       CCER Integration for Carbon Sinks: The Plan accelerates the development and accounting of carbon sink projects across key ecosystems, including forestry, grasslands, wetlands, and oceans.

2.       Cross-Regional Horizontal Compensation: The framework explores cross-provincial basin and regional "ecological carbon sink compensation" mechanisms.

💡 Key Takeaways

1.       Monetizing Natural Assets via Carbon Toolkits: By binding traditional ecological compensation with core "Dual Carbon" tools like CCERs and carbon sink trading, the policy effectively financializes the carbon assets of natural ecosystems.

2.       A Surge of Capital for Ecological Engineering: Integrating ecological restoration with the CCER market introduces a massive stream of private green finance into conservation.

3.       Balancing Regional Low-Carbon Responsibilities: The cross-regional horizontal compensation mechanism acts as a wealth-redistribution tool based on carbon capacity.

[Market Update] Ningbo-Zhoushan Port Partners with Global Ports to Launch Green Shipping Corridor Initiative

📰 News Highlight

On May 27, 2026, during the 10th Maritime Silk Road Port International Cooperation Forum, Ningbo-Zhoushan Port officially signed a Green Shipping Corridor Initiative alongside the Port of Valencia (Spain), HAROPA Port (France), Abu Dhabi Ports (UAE), Port of Algeciras (Spain), and Port of Felixstowe (UK).

💡 Key Takeaways

1.       Institutionalizing Multilateral Decarbonization Blueprints: During the forum, Ningbo-Zhoushan Port released the Annual Report on Co-building International Green Shipping Corridors (2025) and the Decarbonization Guide for International Green Shipping Corridors.

2.       Navigating Global Carbon Regulations: This joint initiative arrives at a critical juncture as the International Maritime Organization (IMO) tightens its greenhouse gas reduction targets.

3.       Accelerating Commercial Clean Fuel Supply Chains: The corridor serves as a testbed for accelerating the commercialization of alternative marine fuels.

[Carbon Market]

During June 1 – June 5, the total transaction volume of Carbon Emission Allowances (CEA) in Chinese National Carbon Market reached 2,422,792 tons, with a total transaction value of USD 27,975,735.73. The highest price was USD 12.21/ton, and the lowest price was USD 10.44/ton. For bulk agreement transactions, the volume was 1,710,000 tons, with a transaction value of USD 19,330,735.68.