2021.07.17 20:22 GMT+8

CGTN Explains: Understanding China's national carbon emissions trading market

Updated 2021.07.17 22:54 GMT+8
CGTN

After running pilot projects at local levels for over a decade, China officially launched its long-awaited national carbon emissions trading market on Friday. According to China's Ministry of Ecology and Environment (MEE), China's Emissions Trading Scheme (ETS) has replaced the EU's as the world's largest emissions trading system.

Here's everything you need to know about China's carbon market.

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