Chinese government has been promoting market mechanism to solve environmental and energy problems since thirteenth Five-Year-Plan. Market mechanism has been used in tackling water pollution, air pollution, climate change, energy reduction and water conservation areas. With prices on pollution and energy reduction, these environmental markets give economic incentives to encourage environment friendly behaviors, which attract much more resource to these areas.
Major Policies that support Environmental Market Mechanism in China
How does Environmental Market Mechanism support green industries
What we offer
To establish a well-functioning environmental market, there are several key policies needs to be developed. For example, the government must develop the following policies to establish a carbon market.
SinoCarbon is the leading consulting company in developing environmental market mechanism in China. Since 2011, SinoCarbon has been deeply involved the policy making procedure of carbon market pilots, national offset market and national carbon market. Moreover, SinoCarbon supported the development of energy-use rights pilots and national market.