“2024 ESG Global Leaders Conference” was held in Shanghai from October 16 to 18. Lai Xiaoming, chairman of the Shanghai Environmental Energy Exchange, attended and delivered a speech. Regarding the development of the national carbon market, Lai Xiaoming discussed three points: First, it is necessary to properly coordinate the relationship between the government and the market, not only to give full play to the leading role of the government in policy formulation, but also to give full play to the autonomous and innovative role of the market mechanism. Second, attention should be paid to further enriching the functions of the carbon market. It must not only be a compliance function; it must become a transfer market; it must have a more effective function. Third, in order to properly increase the financial nature of the carbon market, of course, we must prevent financial risks, but it is true that the financial nature of the carbon market is currently too weak and needs to be increased appropriately.

“2024 ESG Global Leaders Conference” was held in Shanghai from October 16 to 18. Lai Xiaoming, chairman of the Shanghai Environmental Energy Exchange, attended and delivered a speech. Regarding the development of the national carbon market, Lai Xiaoming discussed three points: First, it is necessary to properly coordinate the relationship between the government and the market, not only to give full play to the leading role of the government in policy formulation, but also to give full play to the autonomous and innovative role of the market mechanism. Second, attention should be paid to further enriching the functions of the carbon market. It must not only be a compliance function; it must become a transfer market; it must have a more effective function. Third, in order to properly increase the financial nature of the carbon market, of course, we must prevent financial risks, but it is true that the financial nature of the carbon market is currently too weak and needs to be increased appropriately.