The central bank: supports financial institutions in participating in the national carbon market construction in an orderly manner, and steadily promotes the innovation of carbon financial products and derivative tools.

The People's Bank of China released the fourth quarter report on the implementation of China's monetary policy in 2025. In it, it proposed that next, the People's Bank of China will improve the system of green financial products and markets. It will research and optimize tools for supporting carbon emissions reduction, and include more areas with carbon reduction benefits in the support scope; standardize and promote environmental rights pledging financing businesses such as carbon emission rights and water rights, to help revitalize the value of resources and environmental elements; support financial institutions in orderly participating in the construction of the national carbon market, and steadily promote the innovation of carbon financial products and derivative tools.