China has been running seven pilot carbon emission trading schemes (ETS) for approximately five years, and is currently establishing its national carbon ETS based on the experiences of the pilot ETS. As a market-based policy tool, the Chinese local carbon markets have contributed to carbon emission reductions in pilot provinces and cities, raised awareness of carbon pricing among participated enterprises, and played a key role in the development of a broader green financing mechanism that facilitates the economy’s transition to sustainable growth.
This webinar focused on the lessons learned from China’s carbon markets and how this experience could be used to help other countries to address climate change through carbon market and green finance. The presentations shared case studies from China and highlight innovative practices that could be used in other developing countries.
Shanghai Environment and Energy Exchange (SEEE) is a Chinese state own company founded in 2008. Specialized in climate change mitigation and adaptation services, SEEE provides services to decision makers in the public and private sector on emissions trading, energy efficiency, climate technology transfer and sustainable development strategies.
Allison Hua Fan is the Director of the Research and Innovation Center of Shanghai Environment and Energy Exchange. She has over 10 years of experience in the design and implementation of climate change and sustainable development policies, plans and programs, including carbon trading, green finance, low-carbon cities, smart grids, green buildings, and energy efficiency appliances. Ms. Fan holds a Master’s degree in Environmental Management from Duke University and a Bachelor’s Degree in Chemical Engineering from Tsinghua University.
Zemin Zhang is the Director of Climate Bridge Ltd. Climate Bridge is one of the biggest and most active integrated carbon credits wholesaler and project developer in China Mr. Zhang has over 10 years of experience in carbon trading, carbon project development, carbon financing and green building initiatives and is very familiar with China’s pilot carbon market. Mr. Zhang holds an MBA degree from Oxford University and a Bachelor’s Degree in Economics from Wuhan University.
Yaqin Chen is the Division Chief of Green Finance Department, Head Office of Industrial Bank. Ms. Chen has extensive working experience in green finance and environmental equity transactions, and in-depth understanding of innovative green finance business of commercial banks. She is a member of the Public-Private Partnership expert pool of the Ministry of Finance of the People’s Republic of China and a member of the expert pool of the Asian Development Bank. Ms. Chen holds a master’s degree from Tsinghua University.