Personal Carbon Accounts Help Chinese Consumers Manage...
China News
August 7, 2024
At a secondhand mobile phone store, customers can buy used phones and earn points on their carbon accounts. By searching for "personal carbon account" on the CITIC Bank app, users can instantly record these emission reduction activities. CITIC is the first bank in China to introduce carbon-inclusive banking. The store manager noted that in 2023, users collectively redeemed energy points over 11 million times, continuously motivating them to engage in low-carbon behavior.