The voluntary emission reduction (VER) trading mechanism has played an important role in China’s seven pilot carbon markets. From a comprehensive review of the VER trading and offsetting mechanisms since 2013, this s...The voluntary emission reduction (VER) trading mechanism has played an important role in China’s seven pilot carbon markets. From a comprehensive review of the VER trading and offsetting mechanisms since 2013, this study analyses the quality management of the Chinese Certified Emission Reduction (CCER) in the pilot carbon markets, conducts a comparative analysis of the geographical and field distributions of proposed and registered projects and emission reductions and provides the CCER supply outlook for 2020 in the aspects of on record, project registration, emission reduction registration and emission reduction issuance. Results show that the potential number of CCER projects by 2020 will be 2,864, 1,047, 818, and 286 with the corresponding emission reductions amounting to 493, 212, 133, and 49 million tCO2e, respectively. Although considerable progress has been made, China remains confronted with many challenges in developing the VER trading system. Accordingly, policy stability and continuity and guarding against market risks should be maintained to enable the system to play a substantial role in promoting ecological progress and green low-carbon development in China.展开更多
清洁发展机制(Clean Development Mechanism,CDM)是《京都议定书》中确定的一种基于市场的灵活机制,主要是发达国家与发展中国家合作,在发展中国家实施温室气体减排项目。本文以宁夏长山头风电场CDM项目的核证减排量(Certification Emis...清洁发展机制(Clean Development Mechanism,CDM)是《京都议定书》中确定的一种基于市场的灵活机制,主要是发达国家与发展中国家合作,在发展中国家实施温室气体减排项目。本文以宁夏长山头风电场CDM项目的核证减排量(Certification Emission Reduction,CER)和核实减排量(Verified Emission Reductions,VER)交易实施流程为例,阐述风力发电CDM项目产生的CER与VER的区别,并分析我国CDM项目发展的巨大潜力。展开更多
基金This work was supported by the National Natural Science Foundation [Grant number: 71573145, 71203120]National Key R&D Program of China [Grant number: 2016YFA0602702].
文摘The voluntary emission reduction (VER) trading mechanism has played an important role in China’s seven pilot carbon markets. From a comprehensive review of the VER trading and offsetting mechanisms since 2013, this study analyses the quality management of the Chinese Certified Emission Reduction (CCER) in the pilot carbon markets, conducts a comparative analysis of the geographical and field distributions of proposed and registered projects and emission reductions and provides the CCER supply outlook for 2020 in the aspects of on record, project registration, emission reduction registration and emission reduction issuance. Results show that the potential number of CCER projects by 2020 will be 2,864, 1,047, 818, and 286 with the corresponding emission reductions amounting to 493, 212, 133, and 49 million tCO2e, respectively. Although considerable progress has been made, China remains confronted with many challenges in developing the VER trading system. Accordingly, policy stability and continuity and guarding against market risks should be maintained to enable the system to play a substantial role in promoting ecological progress and green low-carbon development in China.