High-temperature carbonized straw can be converted into biomass charcoal and applied to rice paddies. This environmentally-friendly method not only enriches soil quality but also mitigates greenhouse gas emissions.

Nanjing recently hosted its inaugural paid auction of carbon sinks derived from biomass charcoal on organic rice, showcasing the city’s commitment to ESG sustainable investment. This milestone transaction of Jiangsu Province’s “0000001” carbon ticket, which represents 130.67 tonnes of carbon emission reductions, underscores Nanjing’s ESG leadership in China.

The emergence of the ecological trading market, including carbon trading, reflects the growing ESG focus among Nanjing enterprises. Nanjing’s green initiatives encompass the establishment of funds like the Hillhouse Carbon Neutrality Fund and Zhongping Capital ESG Fund, fostering a comprehensive green industry chain.