Climate Cooperation China
On behalf of the 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

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.

Read More »

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.

Read More »

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