Asia Pacific > China’s State Council backs carbon futures, reiterates support for offsets

China’s State Council backs carbon futures, reiterates support for offsets

Published 04:47 on September 13, 2021  /  Last updated at 08:53 on September 13, 2021  / Jiefei Liu /  Asia Pacific, China

China will develop a carbon futures market in a bid to establish more funding channels for emissions cuts, said an official statement from the nation’s Cabinet, which also indicated a potential expansion in the types of projects that could be eligible to generate offsets for the national emissions trading scheme.
China will develop a carbon futures market in a bid to establish more funding channels for emissions cuts, said an official statement from the nation’s Cabinet, which also indicated a potential expansion in the types of projects that could be eligible to generate offsets for the national emissions trading scheme.


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