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Carbon Credit Platform
Carbon Credit Platform is the first national ecological product value realisation project integrating carbon compliance, carbon neutrality and carbon benefits, which is supervised by Chongqing Ecology and Environment Bureau and constructed and operated by Chongqing Credit Co., Ltd. The platform has formed a mechanism for realising the value of ecological products covering a wide range of project types, such as forest carbon sequestration, renewable energy and methane treatment and reuse, and it has become an important carrier for feedback on green development in local carbon markets. At present, the platform has achieved an initial registration of certified voluntary emission reduction of 1.55 million tonnes, a cumulative turnover of more than 3.44 million tonnes and a transaction amount of more than RMB 86 million yuan. Based on the "Carbon Justice" mechanism, the platform vigorously promotes the formation of a green production and lifestyle, and has formed an Internet platform for green living that spans a wide range of fields, including green travel, e-government, and green consumption. Carbon Credit Platform has been selected by the Central Civilisation Office and the Ministry of Ecology and Environment as one of the "Top 10 Public Participation Cases in 2022 under the Action Plan for Enhancing Citizens' Awareness of Ecological Civilisation", "Chongqing Economic Reform and Innovation Cases in 2021", "Typical Cases of Social Responsibility in Chongqing in 2022", and has been selected twice as one of the "Top 10 Cases of Low-Carbon Development and Good Practices in Chongqing Launched by Chongqing Climate Change Response Leadership Group", etc.
Enterprise Carbon Emission Reduction Account System
The Enterprise Carbon Emission Reduction Account System is an enterprise carbon emission reduction monitor and management platform supervised by The People's Bank of China Chongqing Municipal Branch and established as well as operated by Chongqing Credit Co., Ltd., which is an important and innovative project to build a green financing reform pilot zone in Chongqing, and an important business and functional part of the "Yangtze River Green Finance" System of The People's Bank of China Chongqing Municipal Branch. Relying on the policy requirements of the "Carbon Emission Reduction Support Tool", the system supports the presentation and accounting of carbon emission reduction information of projects under construction and in operation, and automatically calculates the amount of emission reduction, carbon emission reduction benefits, etc., by means of the platform's baseline pre-set parameters and organic matching, and ultimately generates the projected emission reduction statement and emission reduction report; It supports the comparison and cross-auditing of enterprise system operation data and monitor data through the call, forming a project monitor discrepancy analysis and early warning system, which fully guarantees the reliability of the system monitor results. The system supports enterprises to establish self-declaration, carbon emission reduction and benefit measurement of carbon emission reduction projects through the platform account system; Supporting financial institutions to collect real-time information on carbon emission reduction of enterprises and dynamically carry out corresponding pre-assessment and post-loan management; The system supports regulators to directly use the results of carbon emission reduction benefit measurement for green performance assessment, and organically prevents the phenomenon of "green washing" of green finance. It can effectively reduce the increased costs to enterprises due to the use of third-party human verification, and help to further alleviate the difficulty of back-end management of traditional green financing. The platform is building a "four-in-one" green enterprise-friendly service system that organically integrates monetary policy tools, green finance interest rate advantages, eco-product development, and government financial subsidies.