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Background
The Chinese government has announced its aim to reduce carbon intensity by 40-45% from its 2005 levels by 2020 and by 17% during the 2010-2015 timeframe. Carbon trading is a market-based mechanism that can help achieve emission reductions cost-effectively.
Purpose
Create a study outlining the specifics of a national level carbon trading registry system to facilitate both project-based trading in the near future and allowance-based carbon trading in the coming years
Implementor
Energy Research Institute of National Development Reform Commission