Author(s)

Minghui Lu, Wen Bao

Corresponding Author

Wen Bao

Abstract

Carbon accounting provides technical support for establishing a unified national carbon emission trading market. Carbon accounting is a pivotal economic management tool for China's carbon peaking and carbon neutrality goals. Enterprises implement carbon accounting systems and management practices to control carbon emissions while balancing economic interests, ecological rights, and public welfare. China should refine existing laws and regulations, and enhance regulatory mechanisms for carbon accounting to advance this initiative. China should promptly establish carbon accounting standards compatible with carbon trading systems. Additionally, China should cultivate high-caliber interdisciplinary carbon accounting professionals and actively participate in international standard-setting processes. It will significantly boost China's global influence and voice in carbon accounting.

Keywords

Carbon Accounting, Carbon Disclosure, Carbon Asset Management