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From Carbon Emissions Trading Pilots to National System: The Road Map for China journal article

Maosheng Duan

Carbon & Climate Law Review, Volume 9 (2015), Issue 3, Page 231 - 242

China is now piloting carbon emissions trading in 7 regions and has decided to establish its national emissions trading system which is expected to be operational by 2017. There are two general roadmaps for this change: a bottom-up approach and a top-down approach. After intensive discussions and careful considerations, including the assessment of the pilot systems, the top-down approach has been chosen, i.e. to establish a system with unified rules applicable to all regions in China. China’s National Development and Reform Commission (NDRC), the country’s ETS authority, published in December 2014 Interim Management Rules on Emissions Trading, laying down the basic rules for China’s national system. The system is characterized by the following aspects: 1) a system with unified rules; 2) two-level management system, i.e. central government and provincial-level governments; 3) central government in charge of rule setting; 4) provincial-level governments in charge of rule implementation; 5) specific flexibilities given to provinces; and 6) comprehensive compliance rules.


Reform of the Clean Development Mechanism: Where Should We Head For? journal article

Maosheng Duan

Carbon & Climate Law Review, Volume 5 (2011), Issue 2, Page 169 - 177

The Clean Development Mechanism (CDM) has been a great success in promoting mitigation projects in developing countries in the past several years. However, for various reasons, there have also been many calls for reform of the CDM. The international community has agreed that the CDM should continue and could be improved, but has not reached an agreement on the way forward. One of the issues under intensive debate is whether to create new market mechanisms, namely sectoral mechanisms. Regardless of what future agreement on this aspect would be, both lessons from the CDM practice and issues related to the operationalization of the possible new mechanisms should be fully taken into consideration. One possible solution could be developing a flexible system that suits the different situations in different countries and/or sectors.

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