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

IETA study: Reputation of ETS depends on China’s success

May 24, 2018 – According to IETA’s annual GHG Market Sentiment survey, 71% of respondents think that the reputation of emission trading could be impacted if the Chinese ETS is not seen as a success by the international community. The survey, which was carried out by PwC with over 100 representatives from IETA members, furthermore found that a high share believes that the launch of the ETS will encourage other countries to do the same. Another important finding is that most respondents see the establishment of the MRV system as the biggest challenge to the future implementation of the Chinese ETS.

Link to the study (English):
https://www.ieta.org/resources/Resources/GHG_Market_Sentiment_Survey/GHG_Market_
Sentiment_Survey-2018.pdf

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CAO Yun

Advisor
Sino-German Cooperation on Climate Change (SGCCC)
yun.cao@giz.de
Ms. Cao facilitates policy exchange between German and Chinese governments and coordinates work streams on south-south-north cooperation, climate legislation and finance to support China in strengthening its climate governance system. Besides, she supports the development of new projects. She studied at Humboldt University of Berlin, Free University of Berlin and Technical University of Munich, having extensive research experiences on climate and energy policies in China and Germany. Before joining GIZ, she worked at the German Institute for Economic Research (DIW Berlin) for many years.