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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After July 2021 reports had shown that the technical service company China Carbon Energy Investment and S&T (中碳能投科技有限公司) falsified emission data and supported key enterprises in their effort to manipulate their data of the first compliance cycle, the Ministry of Ecology and Environment (MEE) announced to increase its attention on the quality of emission data.

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