11 February 2018 – The CBEEX published its annual market report for the Beijing pilot ETS. According to the report, 7.53 million tons of allowances have been traded in 2017 with a value of CNY 0.236 billion. Among it, 2.47 million tons were traded at the exchange with a value of CNY 123 million; 5.05 million tons were traded OTC with a value of CNY 113 billion. This means a 3.48% increase of allowances traded with a 0.03% increase in value compared to 2016 values. Exchange trading and OTC trading increased by 0.35% and 5.09%.
The Beijing Government Report, which was announced by the mayor of Beijing, Chen Jining, in the end of January already stated that the CO2 emissions per unit GDP had decreased by 28.2% since the launch of the Beijing pilot ETS five years ago.
http://www.cbeex.com.cn/article/xxfw/xz/bjtscndhq/
China issues National Climate Plan for 2026–2030
On 27 July 2026, the Ministry of Ecology and Environment (MEE) and 18 other national authorities jointly issued the “National Climate Change Plan for the 15th Five-Year Plan Period”. The plan covers the period 2026–2030 and addresses mitigation, adaptation, carbon markets, product carbon footprints and climate governance.
The plan builds on the objectives of the general 15th Five-Year Plan (FYP) for National Economic and Social Development, adopted in March 2026, and of the State Council’s “Action Plan for Carbon Peaking during the 15th Five-Year Plan Period”, issued earlier this month. While the “Action Plan for Carbon Peaking” focuses mainly on energy and sectoral carbon dioxide (CO2) reductions, the new national climate plan also addresses non-CO2 gases, climate risk and the data systems needed to implement climate policy.
