At 3:57 pm on September 26th, with the auctioneer's final drop, China's first mangrove conservation carbon sink was successfully auctioned off at the Shenzhen Land and Property Trading Building. The total carbon sink amount of this auction is 38745.44 tons, and the transaction target is about one tenth of the total amount. The starting price of the auction is 183 yuan/ton, and Shenzhen Jiahua Beauty Products Co., Ltd. ultimately won at a transaction price of 485 yuan/ton. The transaction price has become the highest unit price in the national carbon sequestration market. The proceeds from this auction will be turned over to the finance of Shenzhen City to contribute to the protection and restoration of mangroves. Mangrove forests, seagrass beds, and salt marshes are the three internationally recognized coastal blue carbon ecosystems. Shenzhen Futian Mangrove Nature Reserve was established in 1984 and is the only national nature reserve located in the hinterland of cities in China. The reserve includes 19 species of mangrove plants, 262 species of birds, including 59 species of rare and endangered birds under national protection, including the black faced spoonbill. At 15:23 local time on September 6th in Geneva, the 62nd meeting of the Standing Committee of the Convention on Wetlands of International Importance, Especially as Waterfowl Habitat, reviewed and approved a regional motion proposal submitted by China to establish an international mangrove forest center in Shenzhen. The world's first international mangrove forest center officially settled in Shenzhen. Taking advantage of the establishment of the "International Mangrove Center", Shenzhen actively plans a new path for market-oriented and diversified ecological product value realization led by the government, with the participation of enterprises and all sectors of society. It selects mangroves in the Futian Mangrove Nature Reserve and takes the lead in developing and trading carbon sequestration projects. In May of this year, the Shenzhen Municipal Bureau of Planning and Natural Resources released the country's first "Mangrove Conservation Project Carbon Sink Methodology" with the goal of protecting biodiversity and responding to climate, filling the methodological gap in natural ecosystem conservation projects in China and accelerating the transformation of marine blue carbon value. After the auction, Shenzhen Trading Group Co., Ltd. and Shenzhen Jiahua Beauty Products Co., Ltd. signed a "Transaction Confirmation Letter", marking the successful completion of the first mangrove protection carbon sink transaction in China. As a Shenzhen citizen and enterprise, I feel proud and proud to witness the first batch of carbon sequestration for national mangrove protection and the first batch of carbon sequestration for Shenzhen's natural resource system together! "Chen Peng, the person in charge of Shenzhen Jiahua Beauty Products Co., Ltd., the winner, was very excited. He stated that in the future, he will continue to fulfill corporate social responsibility and believes that the blue carbon trading platform established by the government will attract more and more enterprises to deeply participate in the protection of ecosystems such as mangroves. Wei Fulei, Deputy Director of the New Energy and Low Carbon Development Research Center of China (Shenzhen) Comprehensive Development Research Institute, believes that "in the context of global response to climate change and helping to achieve the 'dual carbon' goal, Shenzhen is the first to explore the path to realizing the value of natural resources and ecosystems in the country, which has the significance of leading demonstration and radiation promotion. In the future, Shenzhen will follow the principles of systematic planning, step-by-step promotion, pilot implementation, and controllable risks, Taking mangrove protection as the main theme, we will deeply explore the path for social capital to participate in the realization of the value of important natural resources such as mangroves and ecological products, accelerate the establishment of ecological protection compensation mechanisms that reflect carbon sink value, and promote the transformation of "green water and green mountains" type resource and environmental elements into "golden mountains and silver mountains" in China