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Report Evaluates China’s National Carbon Market

May 23, 2018 by Emily Jackson

(Source: Environmental Defense Fund) A report evaluating the performance of China’s national carbon market was released today by Environmental Defense Fund (EDF) and the Energy Research Institute (ERI) of China’s National Development and Reform Commission. “The Progress of China’s Carbon Market 2017” (English version, Chinese version) establishes a baseline for monitoring year-over-year progress on the legal, policy and accountability mechanisms of the market, which was launched in December and will become the world’s largest emissions trading system. The report, released after the conclusion of the program’s top-level design phase, also offers recommendations for Chinese authorities to address operational, structural and regulatory issues. Read full article

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