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  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

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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