EEX reconfirms support for the development of national ETS in China

March 19, 2019 by maitreyi.karthik@climate-connect.com

(Source: HedgeWeek) The workshop was organised by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) in cooperation with CNEEEX. In addition to EEX, the German Emissions Trading Authority (DEHSt) joined the discussion and provided views from a legal and regulatory perspective.

The national Chinese ETS platform which will be operated in Shanghai will form a key element for the national ETS in China in the coming years. It is currently being developed as part of the first phase of the “ETS Development Plan” as outlined by the Chinese government. An essential part of the first phase is a knowledge transfer (capacity building) for officials and other stakeholders that are involved in the development of the ETS, and the plan calls specifically for international cooperation. Read full article….

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