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

Nanshan district of Shenzhen pays companies for saved CO2 permits

May 24, 2018 – The council in Nanshan district in the city of Shenzhen has extended a funding scheme for local emitters, paying them if emission allowances remain unused. The emitters receive funding of up to 300.000 yuan (ca. 40.000 Euro) based on how many certificates are not used when complying with the city’s pilot emissions trading scheme. The goal of the program, which will enter its third year, is to stimulate CO2 emission reductions. Nanshan has spent a total of 40 million yuan (ca. 5.2 million Euro) on CO2 mitigation and energy efficiency last year.


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MEE publishes list of firms that supported data manipulation in the Chinese national ETS during the first compliance period

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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