China Celebrates Formal Start of Emissions Trading
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 Climate Change Special Envoy XIE […]
MEE Postpones Launch of Online Emissions Trading
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. The national ETS, which is set to […]
Shanghai Environment and Energy Exchange (SHEEEX) Announces Transaction Rules
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 country opens an official trading […]
DCC of MEE Requests Industrial Sectors to Prepare for Inclusion in National ETS
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 the sectors’ intended integration into […]
International Forum on Accelerating Emissions Peaking and Carbon Neutrality in the Yangtze River Delta Region
The International Forum on Accelerating Emissions Peaking and Carbon Neutrality in the Yangtze River Delta Region was held on 10 June, hosted by World Resources Institute, and supported by the Consulate General of Denmark in Shanghai, Consulate General of Finland in Shanghai, Embassy of Iceland in Beijing, Consulate General of Norway in Shanghai, and Consulate […]
National Emissions Trading System (ETS) Interim Ordinance Listed in 2021 Legislative Plan of the State Council
On 11 June 2021, the State Council issued the Notice for the Legislative Plan of 2021 – a document in which the country’s highest-ranking administrative body notifies other government agencies of the legislative work they are expected to fulfill in a given year. Given that the “National Emissions Trading System (ETS) Interim Ordinance” is mentioned […]
Updates on CBD COP 15
On 29 April 2021, China unveiled the official website for the 15th Conference of the Parties of the Convention on Biological Diversity (CBD COP 15). The CBD COP 15 is scheduled to take place in Kunming, Yunnan Province, from 11 to 24 October 2021. On 28 May 2021, the Ministry of Ecology and Environment (MEE) […]
PBOC Introduces New Green Finance Evaluation Tool for Country’s Lenders
The People’s Bank of China (PBoC), the country’s central bank, announced on 08 June 2021 that, in a bid to drive the propagation of green financial (GF) products in the Chinese market, it would launch a new green finance evaluation tool by 01 July 2021. By appraising and grading the green performance of investments, Beijing is hoping […]
CCICED 2021 Roundtable and High-level Dialogue on International Cooperation for Ecology and Environment
The CCICED 2021 Roundtable and High-level Dialogue on International Cooperation for Ecology and Environment was held on 03 June 2021. The discussions at the roundtable this year revolved around the theme “Building a Community with a Shared Future for Humanity: Synergies between Pollution Control and Carbon Emission Reduction”. During the forum it was pointed out […]
Updates on China Council for International Cooperation on Environment and Development (CCICED)
On 26 March 2021, the Environmental Partnership Project supported the Special Policy Study (SPS) ”Major Green Technology Innovation and Implementation Mechanisms” workshop which was hosted by the World Economic Forum. Dr. Christian Stärz (Director of the Environmental Partnership Project) moderated the panel discussion during the second half of the event. On 18 May 2021, a […]