Carbon credit ratings are becoming the new currency of green finance, and China is building a "printing press" for the digital standard customization rights of carbon neutrality.

In May 2025, the International Carbon Action Partnership (ICAP) released the latest global carbon market report: More than 70 countries and regions have established carbon trading markets, covering approximately 2.4 billion tons of carbon dioxide equivalent.

Carbon credit RWA tokens are a form of emission reduction certificate; however, they have essentially become the "currency unit" of the green financial system in the 21st century.