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Representative of SCII was invited to participate the training session of Chongqing carbon trading

On December 8-9, 2011, the training session of Chongqing carbon trading was jointly held by Chongqing Development and Reform Commission and British Consulate-General Chongqing in Chongqing. The training session was implemented under the memorandum on low-carbon cooperation signed by National Development and Reform Commission (NDRC) and United Kingdom Department of Energy and Climate Change. About 120 people joined the training session, participants included: Relevant Departments of Chongqing Government and Central Government Chongqing Unit, Development and Reform Commissions of Districts (and Autonomous Counties) in Chongqing, representatives from scientific research institutions, financial and insurance institutions, and intermediary technology service agencies. SCII’s representative gave a speech about key issues & response measures of domestic carbon market development in China, and had an in-depth discussion with the participants regarding the specific work of pilot carbon trading schemes.

Till the end of October, 2011, NDRC have already approved to start pilot carbon trading schemes in 7 cities/provinces, including Chongqing, Beijing, Tianjin, Shanghai, Hubei, Guangdong and Shenzhen. Chongqing City is currently actively researching and developing the implementation arrangements, and defining basic rules. The training session was expected to help establish a good infrastructure of the promotion of pilot emission trading schemes in Chongqing.