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    China launches national market for voluntary GHG reduction trading

    sxcoal.com Policy 2024-01-23 13:42:08

    Chinese Vice Premier Ding Xuexiang announced the inauguration of a national market for trading of voluntary greenhouse gas emission reduction in Beijing on January 22, Xinhua News Agency reported.

     

    During the launch ceremony, Ding Xuexiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, was given a virtual insight into market construction and trading.

     

    Four developers of emission reduction projects, including the State Power Investment Corporation Limited and a research institute of the Ministry of Natural Resources, signed initiatives on project development and transaction compliance.

     

    China aims to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060.

     

    (Writing by yan.sun  Editing by Harry Huo)
    For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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