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World mapChina is on track to have the world’s second largest emissions trading scheme, and is actively looking at other policies to slow its greenhouse gas emissions and pursue clean energy.

These are some of the key findings of a report released today by The Climate Institute.

The report, Carbon Markets and Climate Policy in China, found that emissions trading schemes will play an integral role in future phases of China’s climate change policy.

According to the report, China has made conscious moves over the past five years to slow the rate of its emissions growth by curbing its energy intensity.

It has also become a world leader in renewable energy and, most recently, set up carbon trading systems in its largest provinces.

Climate Institute CEO John Connor said emissions trading was an important part in China’s climate change policy, and this had significant ramifications for policy worldwide.

In conjunction with the release of the report, the Climate Institute also released an interactive world map that gives an overview of the climate change policies being implemented by countries worldwide.

The map shows that there is significant action on climate change and clean energy policies around the world.

Read the full Carbon Markets and Climate Policy in China report

 

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