A Study on the Current Situation, Problems and Responsive Measures of Building China’s National Carbon Market

Yingzhe Xia (), Chao Feng () and Xiaohua Yuan
Additional contact information
Yingzhe Xia: China Clean Development Mechanism Fund Management Center, 10/F, China Commerce Tower, No. 5, Sanlihe East Road, Xicheng District, Beijing 100045, P. R. China
Chao Feng: China Clean Development Mechanism Fund Management Center, 10/F, China Commerce Tower, No. 5, Sanlihe East Road, Xicheng District, Beijing 100045, P. R. China
Xiaohua Yuan: China Clean Development Mechanism Fund Management Center, 10/F, China Commerce Tower, No. 5, Sanlihe East Road, Xicheng District, Beijing 100045, P. R. China

Chinese Journal of Urban and Environmental Studies (CJUES), 2022, vol. 10, issue 03, 1-10

Abstract: Carbon emissions trading is a major innovation in the practice of using market mechanism to control and reduce greenhouse gas (GHG) emissions and promote green and low-carbon development. It is an important way to achieve China’s carbon peaking and carbon neutrality goals (the “dual carbon†goals) at a relatively low cost. Starting late and having gone through three development stages, China’s national carbon market has entered a new stage. However, given the problems such as incomplete institutional, regulatory and carbon emissions verification systems, less balanced and vibrant market, limited transaction entities and trading products, and lack of voice due to insufficient participation in relevant international affairs, continuous efforts are still required to further improve this market by deepening reform, strengthening capacity building and increasing international cooperation.

Keywords: Climate change; carbon neutrality; carbon market; MRV (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S2345748122500142
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:cjuesx:v:10:y:2022:i:03:n:s2345748122500142

Ordering information: This journal article can be ordered from

DOI: 10.1142/S2345748122500142

Access Statistics for this article

Chinese Journal of Urban and Environmental Studies (CJUES) is currently edited by PAN Jiahua

More articles in Chinese Journal of Urban and Environmental Studies (CJUES) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().