This will also improve the price discovery capacity of the carbon market and enhance Shanghai’s position in global carbon pricing. Fifth, we should stay cool-minded and rational, and promote a stable green and lowcarbon transition.
According to the calculation of major institutions both at home and abroad, the investment needed for achieving carbon peaking and carbon neutrality is between RMB150 to 300 trillion, equivalent to an average annual investment of about RMB 3.75 to 7.5 trillion. Such a vast amount of money brings about great investment opportunities, which have drawn the attention of investors in and out of China.