China’s ICBC bank issues $2.8 bln in green bonds on Luxembourg exchange
The Industrial and Commercial Bank of China (ICBC), the world largest bank, has issued $2.8 billion-worth of green bonds on the Luxembourg Green Exchange (LGX) in an effort to attract international investors to help fund China-backed projects at home and abroad.
Read MoreChina carbon veteran joins Shenwu’s emissions arm
A veteran Chinese emissions trader has joined the carbon arm of an environmental technological company with a strong base in Chinese steel and non-ferrous metal sectors.
Read MoreCN Markets: Pilot market data for week ending Sep 22, 2017
Below is a table of the closing prices, ranges and volumes for China’s regional pilot carbon markets this week. All prices are in RMB, and volumes in tonnes of CO2e. Data sourced from local exchanges.
Read MoreChinese coal supplier buys Beijing-based carbon firm
The biggest coal-fired power supplier in China’s Shanxi province has acquired a Beijing-based carbon firm to extend its business portfolio to emissions trading, the company said Thursday.
Read MoreEU firms voice concerns over China ETS
The EU Chamber of Commerce in China on Tuesday raised a number of concerns regarding issues it said might prevent China’s national emissions trading scheme from working properly.
Read MoreChina’s ETS set to cover 70% of oil industry’s carbon emissions
China’s national emissions trading scheme is set to regulate around 70% of CO2 emissions from the nation’s rapidly expanding oil sector, according to an industry association.
Read MoreChina ETS needs more auctioning, longer allocation periods -experts
China should auction a bigger share of CO2 permits to avoid over-allocation and opt for longer allocation periods to provide certainty for market participants, a group of experts said Monday.
Read MoreChina govt agency eyes ETS for forestry carbon goal
China should use its national emissions trading scheme to fund forestry projects and help meet its LULUCF targets under the Paris Agreement, the State Forestry Administration (SFA) said.
Read MoreMore confusion as EU, US make conflicting statements about Trump’s Paris withdrawal
There was more policy confusion surrounding the US position on the Paris Agreement this weekend after claims from government officials that the country would remain in the 2015 climate pact were refuted by White House spokespeople and members of Trump’s cabinet.
Read MoreCN Markets: Pilot market data for week ending Sep 15, 2017
Below is a table of the closing prices, ranges and volumes for China’s regional pilot carbon markets this week. All prices are in RMB, and volumes in tonnes of CO2e. Data sourced from local exchanges.
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