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

NFGA plans to explore the economic value of carbon sinks from forestry and grassland through the carbon market

2021 08 21

Carbon sinks might be traded as offsets in the national ETS.

Chairman of SHEEEX expects 2-3 additional sectors to be covered by national ETS in the next year

2021 08 18

Currently, the accounting opening for covered companies is almost completed and the market is expected to become more active in the following months. More sectors might be included in the national ETS in the next year

Prof ZHANG Xiliang estimates China’s carbon price to reach up to 8 to 10 USD/t in the 14th five-year period

2021 08 04

Head of the national ETS’ technical expert team explained that China’s national carbon price had averaged at around 8 USD/t, reaching a price that is higher than the 7 USD/t of China’s estimated marginal abatement cost.

China Celebrates Formal Start of Emissions Trading

2021 08 03

Years of groundwork came to a conclusion with the official ushering in of trading in the Chinese national emissions trading system (ETS) on 16 July

China to include non-CO2 emissions in climate goals

2021 07 25

At the Global Asset Management Forum 2021 Beijing Summit, Special Envoy for Climate Change XIE Zhenhua explained that achieving carbon neutrality by 2060 includes the emission of all greenhouse gases, not only CO2.

MEE acknowledges Germany’s support in building the Chinese national ETS

2021 07 19

During the opening speech at the launch event of the online trading of the national ETS in Wuhan on 16 July, MEE Party Secretary SUN Jinlong thanked GIZ China for the congratulatory letter sent to MEE in June for the launch of the ETS.

GIZ China, adelphi and Tsinghua University host CBAM workshop

2021 07 05

GIZ China and the co-authors of the policy paper “The EU carbon border adjustment mechanism (CBAM) and China: unpacking options on policy design, potential responses, and possible impacts” jointly hosted a digital workshop in July.

MEE Postpones Launch of Online Emissions Trading

2021 06 27

Despite the Ministry of Ecology and Environment’s (MEE) statement at a press conference in May, the government body has declared that the launch of the online trading function for its national ETS will be postponed to a later date, likely July. No reasons for the delay were given.

Shanghai Environment and Energy Exchange (SHEEEX) Announces Transaction Rules

2021 06 25

On 22 June 2021, the Shanghai Environment and Energy Exchange (SHEEEX) announced the transaction rules for the national ETS. The announcement, elaborated on the five

The EU carbon border adjustment mechanism (CBAM) and China: unpacking options on policy design, potential responses, and possible impacts

2021 06 25

The EU has announced ambitious new climate targets, pledging to reduce greenhouse gas (GHG) emissions by 55 percent by 2030 and achieve carbon neutrality by 2050.

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

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