Carbon Market Sub-working Group Position Paper 2019/2020 - 碳市场子工作组建议书2019/2020 Go back »

  • Published on:
    2019-09-24
  • Category:
    Position Paper
  • by:
    Carbon Market (Sub-working Group) Working Group / Forum
  • Keywords:

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The Carbon Market Sub-working Group’s overall aim is to contribute towards the creation of a fair and predictable business environment, so that international and local companies can compete on a level playing field. It also wishes to share with its Chinese partners emissions trading system (ETS) experiences from other markets, and to promote the development and integration of clean energies, while supporting China in its energy transition. It is a sub-working group of the Energy Working Group and consists of 41 company members that represent all aspects of the carbon market sector, including project developers, carbon funds, investors, lawyers, auditors and consultants, as well as financial institutions and companies under compliance obligations.

The sub-working group works with the Chinese Government and other stakeholders to ensure sustainable development of the carbon market, to reduce China’s carbon dioxide (CO2) emissions and resolve other environmental issues. With the pilot ETS presently in operation across China and the national ETS scheduled to start by 2020, the working group is focused on understanding and improving the process from a European-business-in-China perspective.

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