China is the world’s largest emitter
China set to relaunch voluntary carbon market
Government publishes new methodologies and regulation for offsets programme that was shelved in 2017
China has signalled its readiness to relaunch its voluntary offsets programme more than six years after shelving the scheme, as it looks to backstop its national emissions trading system (ETS). The voluntary China Certified Emission Reduction (CCER) scheme was launched in 2012 and saw 1,047 projects registered over 2013–17, nearly three-quarters of which were solar, wind, hydropower and rural biogas utilisation developments. Of the total, 287 projects were issued CCER credits. But the National Development and Reform Commission (NDRC), China’s top economic planner, paused registration of new projects in March 2017 due to thin trading and lack of standards in carbon audits. There were more tha
Also in this section
10 June 2025
Eni’s CCUS deal with BlackRock’s Global Infrastructure Partners reflects a growing belief among big investors in the CCUS growth story
3 June 2025
Africa faces challenges in adopting CCS but also has vast potential, with the technology being not just a climate tool but a catalyst for development
2 June 2025
Rather than a simple climate option, CCS is now being seen as a workable solution for Africa’s growth strategy
27 May 2025
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU
