To capture the market opportunities, China Carbon Neutral Development Group Limited on Ethereum, a most trustworthy open-source public blockchain platform with smart contract functionality.
It offers a marketplace allowing for non-fungible tokens to be sold directly at a fixed price, or through an auction, based on the Ethereum ERC-721 standard and the layer-2 scaling solution for Ethereum Polygon.
In Mar 2022, The Hong Kong Stock Exchange and the Securities and Futures Commission have jointly set up a Carbon Market Workstream of the Green and Sustainable Finance Cross-Agency Steering Group which provides a preliminary assessment of feasibility for HK to pursue carbon market opportunities.
Nowadays, although the net zero carbon has been a hot investment topic, retail and institutional investors can only participate in the global carbon market to a limited extent.