Oct 25, 2023 08:28 PM

BUSINESS

In Depth: China Readies Relaunch of Shelved Carbon Credits Program

By You Xiaoying

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China is set to relaunch its voluntary carbon credits program, after putting it on hold for more than six years due to a lack of uptake and regulatory issues.

China is set to relaunch its voluntary carbon credits program, after putting it on hold for more than six years due to a lack of uptake and regulatory issues.

China is one step away from relaunching its voluntary carbon credits program after updating key rules for the scheme, which it shelved more than six years ago due to a lack of uptake and regulatory issues.

Revised measures for the China Certified Emission Reductions (CCER) scheme were released by the Ministry of Ecology and Environment (MEE) and the State Administration for Market Regulation (SAMR) on Oct. 19.

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