Week at a glance
- Over the past trading week (Aug 23-27), the China National Carbon Emissions Allowance (CEA) Market saw a hefty decrease in total trading volume but maintained a steady overall price. The total volume for the China Certified Emission Reduction (CCER) across all 9 regional markets increased by 5.5% from the previous week while individual markets saw widely different changes.
- The city of Shenyang is expected to launch its local emissions trading system (ETS) in September, making it the 10th and likely last regional ETS market in China.
- Resources management agencies in the Chinese Central Government saw opportunities in furthering the protection and restoration of China’s marine, forest, and grassland ecosystems through participation in China’s emission trading systems.