China targets tighter offset market as govt releases draft rules for reborn scheme

Published 13:59 on July 7, 2023  /  Last updated at 13:59 on July 7, 2023  / Stian Reklev /  Asia Pacific, China

After more than six years of suspension, China on Friday released draft regulations for its domestic carbon offset market, proposing significantly tighter settings than in the previous version, though the fate of existing projects was not mentioned.
After more than six years of suspension, China on Friday released draft regulations for its domestic carbon offset market, proposing significantly tighter settings than in the previous version, though the fate of existing projects was not mentioned.


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