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China reshuffle brings ‘challenges’ for national carbon market: senior official

April 25, 2018 by Abhilasha Fullonton

(Source: Climate Home News) China’s climate policies will be strengthened by a recent cabinet reshuffle that moves the climate change brief to a beefed-up environment ministry, a senior official said in Beijing on Wednesday. Yet he admitted the infant national carbon market may face new challenges – particularly a knowledge gap among local officials – as a result of the change.“The government reshuffle … is expected to further strengthen China’s action towards its goals to fight global warming. The country’s climate policy and targets will remain the same,” said Li Gao, director of the climate change department. “Under the leadership of the new environment ministry, we hope we can better implement the country’s mid and long term low-carbon development strategy.” Read full article…

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