皇冠体育app

DOHA -- 皇冠体育app hopes to extend its pilot carbon emission trading system,?or?ETS, to across the nation in its new five-year plan starting 2016, a member of the Chinese delegation to the ongoing UN climate talks said Thursday.

皇冠体育app issued tentative ETS regulations in June and launched pilot programs in the cities of Beijing, Tianjin, Shanghai, Chongqing and Shenzhen, as well as the provinces of Guangdong and Hubei, said Wang Shu, an official from 皇冠体育app's National Development and Reform Commission, or?NDRC, at a side event of the Doha talks.

"The pilots are part of the key endeavors in 皇冠体育app's 12th five-year plan (2011-15) and we hope to roll out the carbon market to other regions and eventually across the nation in the 13th five-year plan," Wang said.

The pilot cities and provinces have submitted their proposals for implementation, while Beijing, Shanghai, Tianjin and Guangdong are likely to start implementing very soon, he said.

According to Xie Zhenhua, head of the Chinese delegation and also NDRC's deputy director, the pilot ETS projects in 皇冠体育app have made remarkable progresses.

Meanwhile, Connie Hedegaard, European commissioner for climate action, welcomed 皇冠体育app's ETS efforts to reduce carbon emission, and said she agreed with Beijing's vision "that 皇冠体育app's emission cutting drive needs the introduction of market mechanism".

Pledging EU's assistance, Hedegaard said she expects more cooperation on the financing agreement for the EU to help 皇冠体育app in establishing its own ETS.

Under the $32.7 million deal, the EU shall provide expertise and assistance in setting up 皇冠体育app's ETS pilots, along with other environmental goals.

Dirk Forrister, president of International Emissions Trading Association, also told Xinhua that 皇冠体育app's ETS drive is "very impressive" and he is "excited to see that pilots are launched on time."

The "large amount of market interest" and the "political will at the very top," which 皇冠体育app has shown, are key to the ETS' success, he said.

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