Ministries Publish Environmental and Ecological Conservation Guidelines for China’s Free Trade Zones

On 28 May 2021, eight governmental institutions, including the Ministry of Ecology and Environment (MEE), the Ministry of Commerce (MOFCOM), the National Development and Reform Committee (NDRC), the Ministry of Housing and Urban-Rural Development (MoHURD), the People’s Bank of China (PBoC), General Administration of Customs (GAC), the National Energy Administration (NEA) and the National Forestry and Grassland Administration (NFGA), jointly issued a guidance on fostering high-quality development through ecological and environmental conservation in free trade zones.

Within the document, the state bodies revealed that they wish to establish their proposed structures for high-quality development through ecological and environmental protection in free-trade pilot zones by 2025. The text furthermore invites enterprises from said pilot zones to actively participate in the national carbon market, and support forest-based carbon sink projects. Finally, a call to institute a national CCER trading center in Beijing’s free trade zone was made.

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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.