[Policy Update] MEE Releases "Progress Report on Product Carbon Footprint Management System Construction (2026)"

📰 News Highlight

On June 17, 2026—celebrated as China's "National Low-Carbon Day"—the Ministry of Ecology and Environment (MEE) officially released the "Progress Report on Product Carbon Footprint Management System Construction (2026)" (the "Progress Report").

⚙️ Core Components

1.       Four-Dimensional Progress Evaluation: The Progress Report highlights breakthroughs across four primary pillars: strengthening foundational technical stones, refining institutional regulatory frameworks, accelerating local pilot trials, and advancing international alignment.

2.       Strategic Deployment for Standardized Accounting: Moving forward, the MEE and co-signing ministries will steadily advance the compilation of standardized national product carbon footprint accounting rules, explicitly targeting key commercial sectors.

💡 Key Takeaways

1.       A Mandatory Regulatory Transition in the "15th Five-Year Plan": The explicit integration of product carbon footprints into future five-year planning signals that carbon tracking will soon shift from a voluntary corporate social responsibility (CSR) metric to a mandatory regulatory baseline.

2.       The Rise of a Unified National Baseline Database: The upcoming National Product Carbon Footprint Factor Database will provide a reliable, government-verified data infrastructure.

[Market Update] MEE Joins Forces with Guangdong, Hong Kong, and Macao to Host 2026 National Environment Day Event

📰 News Highlight

Recently, the Ministry of Ecology and Environment (MEE), in collaboration with the People's Government of Guangdong Province, the Hong Kong SAR Government, and the Macao SAR Government, jointly hosted the 2026 National Environment Day Main Event.

💡 Key Takeaways

1.       A New Paradigm for Cross-Border Climate Synergy: This event marks the first time the mainland Chinese government has co-hosted the National Environment Day main event with the Hong Kong and Macao SAR governments.

2.       Building a Unified Green Supply Chain Ecosystem: Representatives engaged in extensive discussions on cross-boundary climate governance and green financial empowerment.

[Carbon Market] 

During June 15 – June 18, the total transaction volume of Carbon Emission Allowances (CEA) in Chinese National Carbon Market reached 2,387,304 tons, with a total transaction value of USD 28,782,266.92. The highest price was USD 12.13/ton, and the lowest price was USD 11.97/ton. For bulk agreement transactions, the volume was 1,200,000 tons, with a transaction value of USD 14,419,907.71.