July 17, 2018 – During the 20th EU-China summit, Brussels and Beijing signed a strategic partnership including a renewed commitment to carbon market cooperation, while the joint statement of the summit also mentioned the recently launched second phase of the EU-China ETS cooperation project. Some commentators saw these steps as a further sign of China’s commitment to the development of its national ETS.
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.