NDRC is about to hold the 4th audition meeting for CCER registration
13 April 2015 – 32 projects are to be discussed on the meeting. Till now, there are 163 CCER projects registered in total. The CCERs are about to enter the market in May.
Shanghai ‘s first CCER trading was finished on 8th, April
12 and 8 April 2015 – This is the first CCER trading in Shanghai, and the first time a financial institution takes part in the trading. The total traded amount was 200,000 ton.
Xie Zhenhua became the special representative of China’s climate change affairs
10 April 2015 – After Mr. Xie left the seat of deputy director of NDRC in February, this is the first time he showed publicly as special representative of China’s climate change affairs, that means he will continue to play an important role in international negotiation. Xie is very likely to participate in the COP21 of UNFCCC in Paris.
China Carbon Market Innovation and Megalopolis Development Forum is held in Wuhan, Hubei on 9th, April
9 April 2015 – On the Forum, Chief of Division of National Policy and Compliance of DCC, NDRC, Mr. Jiang Zhaoli stated that a nationwide carbon market is to be established in 2016. There will be 10 Exchanges in the nationwide market, 7 of them are already established in pilot ETSs, and three more are to be established. A new market of about 100 billion CNY is about to open. Even though the influence of policy is strong in this market, there will be a trend of financialization. It is very important to formulate allocation mechanisms and modes. Hubei may become the center of carbon finance in China.
Research Center of Low Carbon Technology and Economy of SYSU and ICIS published Assessment Report of Guangdong pilot ETS (2013-2014)
8 April 2015 – According to this report, the results of questionnaires from involved companies shows that most enterprises prefer the primary market, and the main motivation for carbon trading is compliance.
Guangzhou Institute of Energy Conversion, Chinese Academy of Science jointly published a research report of “assessments and advices of Guangdong Pilot”
7 April 2015 – According to the report, emission trading scheme can significantly lower the cost of emission reduction in Guangdong:, under the model of CGE（Computable General Equilibrium) the presentence of ETS can reduce the cost to achieve carbon intensity target from the 0.9% of local GDP to 0.8% during twelfth-five-year , which is 9 billion CNY.
Hubei pilot ETS has launched for one year 86% of the investors are individuals
2 April 2015 – Till 31.3.2015, a total amount of 1.186 million tons of allowances were traded through Hubei carbon market, which took up more than half of carbon markets in China. The price fluctuates between 21 and 29 CNY/ton. Individual participation can activate the market.
All ETS involved companies in Shanghai pilot ETS have submitted the emission report for 2014 on time; Shanghai started verification of emission report
1 April 2015 – Until noon of 31st, March, all the 190 ETS involved enterprises in Shanghai have submitted their emission reports. Shanghai DRC held the verification startup meeting on 23rd, March, and trained over 220 verifiers. Verification for year 2014 officially began on 1st April.
The 3rd auction of allowances in Guangdong pilot ETS has completed on 27th March, 2015
27 March 2015 – Two emission controlled companies and five new entrances succeeded in bidding and reached a deal at 35 CNY per ton. The total volume of business is CNY 14, 786, 135.