Recently, the 2023 Carbon Peak Carbon Neutralization Forum and Shenzhen International Low Carbon City Forum-Carbon Trading Forum were held in Shenzhen International Low Carbon City. At the meeting, China's first carbon asset securitization project was officially signed.

The carbon asset securitization project signed this time is a carbon asset securitization product launched by Shenzhen Guarantee Group under the promotion of Nanshan Management Bureau of Shenzhen Ecological Environment Bureau and Nanshan District Financial Development Service Center. The project issues loans to enterprises based on the pledge of carbon emission rights, and the formed contract creditor's rights are used as basic assets to carry out asset securitization. Supported by the expected future return of carbon emission rights, idle carbon assets are revitalized and realized by issuing market-circulated securities to help enterprises save energy and reduce carbon emissions.

According to the relevant person in charge of the Nanshan Management Bureau of the Shenzhen Municipal Bureau of Ecology and Environment, this signing represents the successful launch of the country's first acrylonitrile-butadiene-styrene copolymer (ABS) project for the securitization of carbon emission rights assets for small and medium-sized enterprises, achieving a breakthrough in ABS business from "0" to "1". Source: China Petroleum and Chemical Network