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California, China expand cooperation on carbon market development

September 16, 2013 by California Carbon

Climate Connect News, London: California has signed a Memorandum of Understanding with China’s National Development and Reform Commission (NDRC) to extend their partnership in developing carbon markets, mitigating greenhouse gas emissions, and crafting low-carbon policies.

Governor Edmund G. Brown Jr. last week joined China’s top climate official, National Development and Reform Commission (NDRC) Vice Chairman Xie Zhenhua, to sign a first-of-its-kind agreement on climate change between the NDRC and a subnational entity.

The MoU seeks to enhance cooperation through a range of activities, including:

  • Mitigating carbon emissions;
  • Strengthening performance standards to control greenhouse gasses;
  • Designing and implementing carbon emissions trading systems;
  • Sharing information on policies and programs to strengthen low carbon development;
  • Exchanging personnel and jointly organizing workshops and training; and
  • Researching clean and efficient energy technologies.

This agreement builds on more than a year and a half of significant diplomatic and business exchange between California and China, including the Governor’s Trade and Investment Mission to China, the opening of the California-China Office of Trade and Investment in Shanghai and a meeting with China’s President Xi Jinping. In June, California Air Resources Board Chair Mary Nichols also traveled to Shenzhen, the site of China’s first carbon trading program, to pledge cooperation on emissions trading.

For more information about this article, mail to: contact@californiacarbon.info

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