White paper: China launches national emissions trading scheme (ETS)

The long-awaited world’s largest emissions trading scheme (ETS), the Chinese national ETS, was launched on Tuesday 19 December. The National Development and Reform Commission (NDRC) announced it in Beijing following a closed-door conference gathering all relevant ministries and local DRCs.

In this white paper, ICIS looks at the impact this scheme may have on the Chinese carbon market.

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