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.
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.
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 aspects of trading place, transaction mode, trade session, information disclosure, and market oversight. SHEEEX oversees opening trading accounts and maintaining the exchange system until the
Since May 2021, the Department of Climate Change (DCC) has consecutively requested the China Building Materials Federation (CBMF), the China Iron and Steel Association (CISA), the China Nonferrous Metals Industry Association (CNMIA) as well as the China Petroleum and Chemical Industry Federation (CPCIF) to support the preparatory work ahead of
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