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China News: China Expands Carbon Trading Scheme to Include More Industries

  

November 14, 2024     Share on   facebook   Twitter

China's carbon trading market is evolving, with new industries now included in the China Certified Emission Reduction (CCER) scheme, a key tool to meet the country's "dual carbon" goals. The scheme allows carbon-emitting businesses to offset their emissions by purchasing carbon credits from credit-holding entities. In Sichuan Province, a pioneering afforestation project aimed at creating a carbon sink is one of the first CCER forest carbon initiatives.