MEE released draft trial administrative measures as well as supplementary guidelines (registration, trading & clearing, monitoring & reporting, and verification) for China’s national ETS

Since November, the MEE consecutively released draft versions of the trial administrative measures as well as supplementary guidelines (registration, trading & clearing, allocation plan, monitoring & reporting, and verification) for China’s national ETS and called for public comments.

On November 02nd, November 20th, December 04th and December 16th, the Ministry of Ecology and Environment (MEE) issued the “(Trial) Administrative Measures” (draft for public comments), “(Trial) National Registration and Trading and Clearing Management Measures” (draft for public comments), “2019-2020 cap setting and allowances allocation of China’s national ETS” (draft for public comments), “Greenhouse Gas Emissions Accounting Methods and Reporting Guidelines for Power Generation Facilities” (draft for public comments) and “(Trial) Greenhouse Gas Verification Guidelines” (draft for public comments).

The infrastructure construction for China’s national ETS progressed intensely and now provides a solid foundation for the upcoming operation.

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Sino-German Cooperation on Emissions Trading Systems, Carbon Market Mechanisms, and Industry-related N2O Mitigation

Project country
China
Political Partners
German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU); Ministry of Ecology and Environment of the People's Republic of China (MEE)
Implementation Partners
National Center for Climate Change Strategy and International Cooperation of the People's Republic of China (NCSC)
Duration
07/2012 - 09/2022

The project has been supporting the development of ETS in China since 2012. Since the launch of the Chinese national ETS, the project provides support to further refine the ETS and strengthen the political and technical dialogue between China and Germany on carbon market topics. Since 2020, the project also supports the abatement of industry related N2O emissions through capacity building, studies, workshops, and various exchange formats.