Hubei's carbon market transaction volume accounts for 42.7% of the country's total, creating a nationally influential carbon market and carbon finance center

The Hubei Provincial Government stated that China Carbon Registration and Settlement currently manages the carbon emission rights registration and settlement system of 2,533 companies across the country, making it the world's largest system. The transaction volume of Hubei's carbon market accounts for 42.7% of the country's total, and a full industry link including carbon trading and carbon assets has been initially formed. In the future, Hubei will rely on China Carbon Registration and Settlement to accelerate the creation of a carbon market and carbon financial center with national influence.