Measures for the Administration of Carbon Emission Trading (Trail)

Local Title

碳排放权交易管理办法（试行）

Country/Region

Chinese Mainland

Competent Authority

Ministry of Ecology and Environment

Type

Regulation

Status

In force

Release Date

2021-01-05

Implementation Date

2021-02-01

Expert Translation

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Measures for the Administration of Carbon Emission Trading (Trail)

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Summary

Obligations

On January 5th, 2021, China’s Ministry of Ecology and Environment (MEE) issued the Measures on the Management of Carbon Emission Trade (Trial) (hereinafter refers to “the Measures”), aiming to standardize national carbon emissions trading and related activities. The Measures entered into effect on February 1st, 2021.

The Measures are applicable for the carbon emission trading and other revelant acttivities, including the allocation and clearance of carbon emission allowances, carbon emission registrations, trading and settlements, greenhouse gas emission reporting and verification and other activities, as well as the supervision and management of the foregoing activities.