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
MEE released a notice of accelerating the resolution of the current outstanding issues of volatile organic compounds (VOC) management.
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.
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 2021. The launch ceremony, which was simultaneously officiated in the cities of Beijing, Wuhan and Shanghai, saw Vice Premier HAN Zheng, in the presence of
The “Emission Reduction Work Plan” requires pilot provinces to develop a mechanism to assess the environmental impact of carbon emissions from construction projects in key industries.
The grant agreement between GIZ and the Eco-environment Low-carbon Development Center of Inner Mongolia Autonomous Region, the project implementation partner in Inner Mongolia, was finalized in July.
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.
The report details China’s climate achievements and addresses the topics of design and goals of China’s climate policies, mitigation and adaptation, actions from the general public, improving institutional mechanisms, strengthening capacity and international cooperation.
The Secretariat of the UN CBD has released the first draft of a new global biodiversity framework, to guide actions worldwide through 2030, to protect nature and its essential services to people.
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