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 establishes assessment system for carbon peaking and carbon neutrality targets
Jointly issued by the General Office of the Communist Party of China (CPC) and Central Committee and the General Office of the State Council, this policy “Measures on Comprehensive Evaluation and Assessment for Carbon Peaking and Carbon Neutrality”, establishes a formal assessment system for evaluating how provincial-level Party committees and governments implement China’s carbon peaking and carbon neutrality objectives.
The assessment work is coordinated centrally and implemented by the National Development and Reform Commission together with relevant departments. It applies to provincial-level Party committees and governments, including provinces, autonomous regions, and municipalities.