China Yibai United Guarantee International Holding, Inc. (CBGH)

Greenstream The carbon asset management company in Finland Greenstream purchase 1.2 million carbon credits from emission reduction projects created for the Chinese carbon market, to known foreign investments upfront for the emerging emissions market.

The company purchased about eight plans certified emission reduction credits (CCERs), most of the emission reduction credits for renewable energy alternative to coal-fired power plants.

"We hope to increase this number to about 12 million in the next six months to a year," and Karl Upston-Hooper, the general counsel of the company.

。 The company plans to offset the credit sold to face emissions limits.

China plans by 2020 to achieve a national trading mechanism to replace the current seven pilot emissions trading scheme, in order to achieve the goal of a 40-45% reduction in its 2020 economic carbon density.

。 Chinese financing strategy to address climate change research report published recently in Beijing pointed out that the next few years, China's response to climate change will face a funding gap of more than one trillion, which requires the government to invest more public finance, also will the financial markets and The development of private capital the enormous space.

The study by the Climate and Energy Finance Research Center of the Central University of Finance and international non-profit organization The Climate Group took 9 months to complete. The report pointed out that climate finance actions to address climate change in a key position, in recent years, driven energy saving policies and clean technology opportunities in China, the rapid increase in funds to invest in low-carbon field, promote a decline in the growth rate of China's carbon emissions.

。 Following the Copenhagen Climate Change Conference 2020 GDP carbon intensity target of 40% -45% lower than 2005 levels, in the "12th Five-Year Plan, the energy consumption per unit of GDP by 2015 and carbon dioxide emissions to be reduced by 16% and 17%, respectively.

After calculation, the written report of the Task Force to ensure the achievement of the overall objective of China's response to climate change and the program of work, climate finance in China there is a larger gap. The report shows that in 2015 and 2020, every year in China total climate finance goal to reach 1.9632 trillion yuan and 2.4646 trillion yuan were 1.2219 trillion yuan and 1.401 trillion yuan, and the gap.

Participate in the Central University of Finance and director of the Center for Climate and Energy Finance report writing away in recent years, with the atrophy of the scale of public funds in developed countries, the international climate funds reduced supply, making the domestic public funds to play the leading role of climate finance. Due to climate financing development in China is still in its infancy, subject to the limitations of the management mechanisms and institutional policy system, the domestic financial markets have not been able to assume a proper role.

On the other hand, the financial markets and private capital is becoming the largest potential sources of climate finance in China. Compared with public funds, civil private capital is a major force in the international climate financing. 。 According to statistics, the 2011 global climate financing private funds accounted for $ 217 billion, which is 10 times the total amount of public funds.

Shenzhen carbon emissions trading market in more than a year after the successful pilot, plans on June 17 this year, the national low-carbon officially launched the transaction has completed 635 industrial enterprises will be the first in the newly formed carbon emissions trading market on the lines of carbon verifiable . April 3, Mayor Xu Qin presided over the executive meeting convened 80 city government-fifth of secondary consideration and approved in principle by the city's carbon emissions trading pilot related matters.

In Shenzhen carbon trading pilot since the first in the country to carry out carbon trading legislation, the preparation of carbon emissions inventory to determine total control objectives, building a trading platform to develop the quota allocation scheme work the carbon verification has been completed and as the first on-line 635 enterprises of total carbon emissions in 2010 accounted for nearly forty percent of the city's total carbon emissions, covering industry, electricity, water supply, gas, and other fields. In accordance with the work plan, the city will be in the first half of this year, a one-time determine enterprise 2013-2015 the annual pre-allocated quota, since early 2014, according to the actual production of the enterprise last year to confirm the quota, the companies submit annually to their actual emissions are equal the quota, all quotas in the first stage (2013-2015) issued by the end of 2015 will be canceled. Into carbon trading control unit must undertake mandatory emission reduction obligations, city carbon emissions trading department in charge of the control unit does not comply with the mandatory emission reduction obligations, and will be punished accordingly.

The meeting pointed out that the implementation of the carbon emissions trading is the key to Shenzhen implement the scientific development concept, practice green low-carbon development, speed up industrial restructuring and upgrading, strengthen the core project of the construction of ecological civilization, Shenzhen to form a new competitive, to enhance the future competitive advantage path must promote qualified enterprises a comprehensive on-line transactions, and gradually form on the solid basis of the results achieved by the previous stage pilot with Shenzhen, radiation affecting the country's carbon emissions trading system, a national carbon emissions trading system, enhance the ecological the level of civilization to make a positive contribution.

March 27, Xinyu City, officially launched a carbon emissions trading platform construction. This is the province's first mandatory carbon emissions trading market: government emission targets assigned to focus on emissions enterprises, corporate emissions targets is not enough to buy trading platform, complete emission reduction mandate; corporate emissions targets have surplus sale in the trading platform . Xinyu hope that through this initiative, reaching Forced enterprises to speed up transformation and upgrading, green low-carbon development.

The so-called emissions trading, simply, that is the trading of carbon emission targets or emissions of major pollutants indicators.How to allocate the indicators, how to trade emission rights indicators on the Government or the legislature has enacted and promulgated a series of policy documents, it can be said that the emissions trading market is the market created by the Government, is a mandatory market.

Currently, there are no mandatory carbon emissions trading system is running, Shenzhen, Beijing, Tianjin and other cities are pilot carbon emissions trading, but were not officially running. Xinyu City, strive to initially set up the system of emissions trading system in Xinyu City in May, this will be the first province to implement mandatory carbon emissions trading city. In the future, will be gradually expanded to major pollutants such as sulfur dioxide, COD emissions trading.

Shenzhen initially identified nearly 800 companies in 26 industries included in the mandatory emission reduction list last year, its total carbon emissions account for Shenzhen in 2010, 54% of the total carbon emissions. Xinyu City, in accordance with the preliminary consideration, make annual emissions of 10,000 tons enterprises are included in the emissions trading system, which means the city will have a large number of enterprises will be put on the "straitjacket".

Xinyu City, the official said, the Expert Group has begun to investigate thoroughly and accounting for the city's corporate carbon emissions, the foundation for the future to determine emission targets, which is directly related to scientifically determine the emission reduction targets and allocation of emission targets. Enterprise and industry too little coverage, unfair and can not guarantee that the emission reduction goals. Emission reduction target is too high, businesses will bear a disproportionate burden, too low to reach emission reduction targets, each company has a surplus indicators, market transactions can not be truly up and running.

"Emissions trading is the trend of the times, we are forced to implement with, it is better to advance the implementation of accumulated experience." Xinyu City Vice Mayor Hu Gaoping recent city meeting said, Xinyu City, the old industrial base, a larger proportion of traditional industries . The country is to develop the total energy control policy, and if we do not implement industrial restructuring and upgrading, the bottleneck will face serious energy, resources and environment. Relying on administrative means coerced, companies will pay a heavy price through emissions trading, to promote technological innovation and application of lower abatement costs, and enable enterprises to win new market opportunities in the emission reduction.

Reporters learned from the 2013 National Environmental Monitoring work on-site meetings held in Nanchang, the 28th, China's Ministry of Environmental Protection has issued a notice of the second phase of the new air quality standards to monitor the implementation of program requires 116 cities across the country by the end of October 2013 carried out before the six indicators for monitoring PM2.5, including monitoring data released before the end of December.

The scope of the program include 449 monitoring sites in 116 cities, including 388 monitoring sites of 87 prefecture-level cities, 29 county-level National Environmental Protection Model City 61 monitoring sites. Program requirements, the Department of Environmental Protection (Bureau) of the provinces, autonomous regions, municipalities directly under the Central Government to speed up the organization to carry out the second stage of monitoring the implementation of new air quality standards in the area.

Wu Xiaoqing, Vice Minister of the Ministry of Environmental Protection, said that this is a hard task must be completed, and can not be shaken. Related areas to complete the installation and commissioning of the equipment before the October start trial operation, monitoring data released before the end of December.

The program automatically enabled on the regional air quality monitoring stations and the Beijing-Tianjin-Hebei, Yangtze River Delta, Pearl River Delta of three regional air quality warning center construction work before the end of 2014, the 2013 investment in the construction of regional air quality automatic monitoring stations to starts running.

Wu Xiaoqing, pointed out that, currently, the public concerned about the high quality information on the environment, the demand, the environmental protection department is not only not afraid to open, but also to take the initiative to disclose the environmental monitoring information, positive response from the people demands. 74 cities in 496 countries control air quality monitoring sites in 2012 the first phase of the implementation of new air quality standards, the new air quality standards in a timely manner to monitor and publish information, play an important role in response to heavy weather, pollution and protect the public health of role.