International Workshop on Establishment of Carbon Market: Learning from International Experience, Planning for the Future

Another activity held under the climate change MOU, the emissions trading workshop, jointly organized by ADB and the NDRC, aimed to: (i) update and share knowledge and expertise on developments with the Emissions Trading Scheme (ETS); (ii) discuss possible approaches to building a national system based on the practical experiences and lessons from pilot schemes in the PRC and other countries; and (iii) discuss the feasibility of linking systems between DMCs. More than 90 representatives from the PRC and DMCs attended the workshop. Su Wei, director general of the NDRC Department of Climate Change, opened the workshop. Policy makers and personnel from the seven pilot ETS in the PRC, the European Union, India, Indonesia, Kazakhstan, Thailand, and the Socialist Republic of Viet Nam, as well as representatives of the World Bank and other international organizations shared their experiences in policy and regulatory development, and methodologies and guidance for establishing or planning to establish a national ETS.