Climate Cooperation China
On behalf of the International Climate Initiative (IKI)

Fujian, Guangdong and Tianjin announced allowances allocation plans for 2020 for their respective pilot ETS

In December 2020, there have been three regional pilot ETSs – Fujian, Guangdong and Tianjin – which published their allowance allocation plans for the year 2020.

According to the “(Trial) Administrative Measures” (draft for public comments) issued by the Ministry of Ecology and Environment (MEE), the companies covered by the regional ETS from 2019-2020 will be exempted from the national emission trading system for the corresponding years.

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More policy news

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.

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China sets new framework for energy conservation and carbon reduction

The General Office of the Communist Party of China (CPC) Central Committee and the General Office of the State Council jointly issued two policies to strengthen energy conservation, carbon reduction, and the assessment of climate-related targets.
This article looks at the first policy, “Opinions on Advancing Energy Conservation and Carbon Reduction at a Higher Level and with Higher Quality”, which sets out a broad policy framework for improving energy efficiency, reducing carbon emissions, controlling fossil fuel consumption, and accelerating green industrial transformation.

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