MEE rolls out process to create a list of power plants that will be included in the national ETS

May 27, 2019 – The Ministry of Ecology and Environment (MEE) issued a notice on the process of producing a list of power plants (incl. captive power plants) that will be included in the national ETS. The list is a major step towards the creation of a national emissions trading market.

On the provincial level, two officials from each province or region are required to create an ETS registry of power plants within their respective jurisdiction. The same applies to the companies which have to put forward a representative for their ETS participation.

An electronic version of the list of companies and their respective contact person must be submitted to the MEE’s Department of Climate Change (DCC) by July 19. As a follow-up, a paper version shall be submitted to the National Center for Climate Change Strategy and International Cooperation (NCSC).

Source (Chinese):
http://www.mee.gov.cn/xxgk2018/xxgk/xxgk06/201906/t20190603_705419.html

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Sino-German Project on Capacity Building for the Establishment of ETS in China

Project country
China
Political Partners
German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU); Ministry of Ecology and Environment of the People's Republic of China (MEE)
Implementation Partners
National Center for Climate Change Strategy and International Cooperation of the People's Republic of China (NCSC)
Duration
07/2012 - 03/2020

The Chinese government has set itself the goal of reaching the peak of CO2 emissions by around 2030 and reducing CO2 emissions per unit of GDP by 60 to 65% compared to 2005 levels. To achieve these targets, China is gradually establishing a national Emission Trading System (ETS) as one of the key building blocks of its mitigation strategy. Since the start of the project in 2012, the Sino-German project “Capacity Building for the Establishment of Emissions Trading Schemes (ETS) in China” has been supporting the Chinese government in this endeavour through knowledge transfer and strengthening of the political leverage of key institutions and stakeholders required to develop and operate an ETS. Initially, the project supported the development of the regional pilots ETS. Since 2016, the focus lies on support for the roll out of the national ETS. The project is jointly implemented by GIZ and the Ministry of Ecology and Environment (MEE) of the People’s Republic of China. It is executed on behalf of the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) within the framework of the International Climate Initiative (IKI) that is financing climate and biodiversity projects in developing and newly industrialising countries, as well as in countries in transition.