Sino-German Cooperation
on Biodiversity, Climate and Environment
On behalf of International Climate Initiative (IKI)

Carbon market development at the 12th China New Energy International Forum

A panel discussion on carbon market development took place at the 12th China New Energy International Forum. The panel featured three members of the ENVI Committee of the European Parliament, Mr. Yvo Belet, Mr. Bas Eickhout and Mr. Seb Dance, as well as Ms. Deanna Easton, Australian Embassy, Mr. Dai Yande from Low Carbon Alliance, and Dr. Alexander Fisher, GIZ China All panelists agreed that a functioning carbon market needs to be built gradually and requires regular adjustments to ensure that the systems remain fit for purpose. In this process, international cooperation plays an important role by facilitating mutual learning and sharing experiences from practical implementation.

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MEE publishes list of firms that supported data manipulation in the Chinese national ETS during the first compliance period

After July 2021 reports had shown that the technical service company China Carbon Energy Investment and S&T (中碳能投科技有限公司) falsified emission data and supported key enterprises in their effort to manipulate their data of the first compliance cycle, the Ministry of Ecology and Environment (MEE) announced to increase its attention on the quality of emission data.

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