China Carbon Market Research Report 2016: Trade in China’s pilot carbon markets grew by 87% in 2015

23 February 2016 – The “China Carbon Market Research Report 2016” was published on 23 Feb, which is backed by the South Pole Group, the International Finance Corporation (IFC) and Environmist.
According to this report, trading volumes on China’s seven ETS pilots increased by 86.5% last year. However, the financial value of the transactions rose by just 50% due to falling prices. A survey included in the report shows that over 60% of the interviewees from companies and governments don’t think they are ready to participate in emissions trading schemes of China.