June 06, 2024 01:52 GMT
China’s Carbon Accounting Brings Overseas Recognition
CHINA PRESS
MNI (BEIJING)
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Authorities’ plans for a national carbon footprint accounting system will help Chinese firms gain international recognition and transform the country’s production pattern, according to Liu Jiaqi, an energy specialist from Liaoning University. Wu Qi, a senior researcher at Pangu Think Tank, said financial institutions can now accurately assess firms’ carbon emissions and promote innovative green financial services, and drive the low-carbon transformation of intensive industries like steel and transportation. (Souce: Securities Daily)
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