849CCER is really restarting, and this time it's not just hearsay. On October 20th, the Management Measures for Voluntary Greenhouse Gas Emission Reduction Trading (Trial) (CCER Management Measures) was officially released on the official website of the Ministry of Ecology and Environment.
Let's take a look back at the release timeline of the CCER Management Measures:
- July 7, 2023 - The Ministry of Ecology and Environment publicly solicited social opinions on the Management Measures for Voluntary Greenhouse Gas Emission Reduction Trading (Trial).
- September 15, 2023 - The Ministry of Ecology and Environment reviewed and approved the Management Measures for Voluntary Greenhouse Gas Emission Reduction Trading (Trial) in principle.
- October 19, 2023 - Order No. 31 of the Ministry of Ecology and Environment announced the Management Measures for Voluntary Greenhouse Gas Emission Reduction Trading (Trial).
The official release can be seen as a long-awaited event. Although there are still various uncertainties, the speculation about the restart before the end of the year is almost certain. Previously, we compared the Draft for Comments with the Interim Measures for the Management of Voluntary Greenhouse Gas Emission Reduction Trading regarding the CCER restart. This time, the released CCER Management Measures have undergone minor adjustments compared to the Draft for Comments. We will provide a simple interpretation of the issues everyone is most concerned about.
The above is a simple understanding of some of the most concerning issues. If you have deeper insights or comments, please leave them in the comment section for discussion. Click “Read More,” and we will provide the original text published by the Ministry of Ecology and Environment for your reference and study.
