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CN Markets: CEAs hold above 50 yuan, but volumes dwindle

Published 10:11 on July 23, 2021  /  Last updated at 10:11 on July 23, 2021  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Allowance prices in China’s national emissions trading scheme have held firm above 50 yuan ($7.72) since the market opened last week, but trading activity has come down significantly as traders expect liquidity to remain patchy in the coming weeks.

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Guangdong ETS reports 100% compliance for 2020 as power plants exit scheme

Published 11:15 on July 22, 2021  /  Last updated at 11:15 on July 22, 2021  /  China, China's National ETS, China's Pilot Markets  /  No Comments

All 245 companies covered by China’s biggest pilot emissions trading scheme surrendered permits in time this week to meet their 2020 obligations, marking the end of the last compliance cycle before coal-fired power plants accounting for around 40% of the scheme’s emissions transition to the national market.

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Hong Kong to explore carbon market opportunities

Published 11:06 on July 16, 2021  /  Last updated at 12:11 on July 16, 2021  /  Asia Pacific, China, China's National ETS, China's Offset Market, China's Pilot Markets, International, Other APAC, Voluntary Market  /  No Comments

Hong Kong will explore opportunities in establishing itself as a carbon trading centre for mandatory and voluntary carbon markets both in mainland China and internationally, with an initial focus on the Guangdong-HK-Macao greater Bay region.

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UPDATE – China confirms national ETS launch on July 16

Published 11:09 on July 15, 2021  /  Last updated at 11:48 on July 15, 2021  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

The Shanghai Environment and Energy Exchange confirmed Thursday afternoon that China’s much-anticipated national emissions trading scheme, set to become the world’s biggest carbon market, will launch Friday after a three-week delay.

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Beijing lays out rules for voluntary carbon offsetting

Published 10:24 on July 13, 2021  /  Last updated at 10:24 on July 13, 2021  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

The municipal government of Beijing released instructions for corporates, institutions and event organisers to qualify for carbon naturality, including listing rules of eligible offset projects, which set up examples for other Chinese cities to follow.

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China’s national ETS set to launch trading on July 16 -sources

Published 10:06 on July 13, 2021  /  Last updated at 15:07 on July 13, 2021  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

China’s national emissions trading scheme is said to launch on Friday, according to sources with knowledge of the issue.

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Yangtze River Delta sees first city roll out ‘inclusive’ carbon market

Published 12:30 on July 8, 2021  /  Last updated at 12:30 on July 8, 2021  /  China, China's Offset Market, China's Pilot Markets  /  No Comments

The city of Yueqing in China’s Zhejiang province has announced the launch of a small-scale local carbon market for small enterprises and households that provincial governments in the Yangtze River Delta region want  to develop into a network of interconnected so-called “inclusive” markets across the region.

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China emissions trading to start in July, premier says

Published 15:13 on July 7, 2021  /  Last updated at 15:19 on July 7, 2021  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Trading in China’s carbon market will begin in July, Premier Li Keqiang said Wednesday evening, after the failure to meet the widely touted June deadline had sparked concerns a longer delay might be in store.

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Chinese banks explore ways to back forest carbon schemes

Published 10:22 on July 5, 2021  /  Last updated at 10:43 on July 5, 2021  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Agricultural Bank of China has approved a loan to an olive oil company taking future expected income from carbon credit sales as security, as lenders keep exploring ways for forest owners to secure hard-to-get loans after the government identified carbon sinks as a key means to meet China’s long-term climate goals.

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CN Markets: CCER volumes soar to new high, but policy uncertainty creates headaches for traders

Published 13:36 on July 2, 2021  /  Last updated at 13:36 on July 2, 2021  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

More than 12 million Chinese Certified Emissions Reductions (CCERs) traded across all platforms in the Chinese market in June, setting a new record, but the ETS delay and lack of clarity about future offset issuances is creating challenges for traders.

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