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On March 29 and 30, 2021, the MEE released the “Verification Guideline for GHG Emission (trial)” as well as the “Monitoring and Reporting Guideline of GHG Emissions for Power Generation Sector” respectively. Compared to the previous draft, the final Verification Guideline tightens the criteria for companies that might be exempted from on-site investigations; this should […]
On March 30, 2021, the MEE released an updated draft of the national emissions trading system (ETS) Ordinance for public comments by April 30, 2021. Compared with the existing “Administrative Measure for National ETS (Trial)” issued by MEE, the Ordinance will be approved and released by the State Council and have higher legal effectiveness. The […]
During the “Two Sessions” of China this March, deputies and members of the National People’s Congress (NPC) and Chinese People’s Political Consultative Conference (CPPCC) have commented on the national ETS. Overall, they suggested that 1) the national ETS should have trading activities as soon as possible, 2) relevant system construction of the national ETS needs […]
On January 05, 2021, the MEE released the interim administrative measure for the national ETS of China, which came into force on February 01, 2021. According to the trial measure, the MEE is responsible for constructing the national ETS including defining the coverage of greenhouse gases (GHG) and scopes, building registration and trading systems, formalizing […]
China’s Annual Central Economic Work Conference was held in Beijing from December 16th-18th. The conference set out key tasks for the next year. Preparing the work for the planned carbon peak but also carbon neutrality are among these tasks. The conference pointed out that China is striving to reach a carbon dioxide emissions peak before […]
In December 2020, there have been three regional pilot ETSs – Fujian, Guangdong and Tianjin – which published their allowance allocation plans for the year 2020. According to the “(Trial) Administrative Measures” (draft for public comments) issued by the Ministry of Ecology and Environment (MEE), the companies covered by the regional ETS from 2019-2020 will […]
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) […]
On December 30th, 2020, the MEE officially issued the “2019-2020 cap setting and allowances allocation plan (power generation sector) of China’s national ETS”. Local authorities have been asked to complete the pre-allocation by January 29th, 2021. Compared to the previous draft released in November the number of covered companies decreased to 2,225 from 2,267. Furthermore, […]
On November 13, December 17-18, 2020, the Shenyang Municipal Bureau of Ecology and Environment (SYBEE) invited local company representatives from its local industry sectors to participate in a series of training on emissions data reporting to the national emissions trading scheme. GIZ, together with experts from the National Center for Climate Change Strategy and International […]