“The world has never before seen a climate program on this scale,” said Environmental Defense Fund (EDF) President Fred Krupp. “It is important that the world’s largest emitter should lead on climate, and that is precisely what China is doing by launching its national emissions trading system. China has stepped up its climate leadership dramatically in recent years, and is now increasingly seen as filling the leadership void left by the U.S.
“This new carbon market will position China not only to achieve its Paris Agreement pledge to peak carbon emissions by around 2030, but to take on a more ambitious target that puts China’s emissions on a downward trajectory well before then. Chinese leaders have drawn lessons from the experience of other countries, and they’re moving in a gradual and sure-footed way to make sure they get this right. I think that’s smart. And I’m proud that EDF has been able to provide technical assistance to the Chinese government on areas such as system design, data quality, third-party verification, compliance and enforcement,” Krupp said.
EDF has been working in China for more than 25 years, helping to gradually build the capacity and ambition needed for an undertaking of this magnitude. In recent years, EDF trained more than 39,000 Chinese environmental enforcement officers, and provided technical assistance as China launched seven regional and municipal carbon trading pilot programs. Their success inspired Beijing to move ahead with the program announced today.
“I would like to express my highest regards to Environmental Defense Fund (EDF) for its actively promoting the exchange and cooperation between China and the U.S. on environmental protection and providing rigorous support to many activities,” Minister Li Ganjie of China’s Ministry of Environmental Protection told EDF in a letter earlier this year.
Environmental Defense Fund (EDF), the first registered international non-governmental organization under the Ministry of Environmental Protection in China, has been working for more than two decades to help build China’s capacity and ambition to address climate change.
Beijing called on EDF in the early 1990s to help guide the country’s first pilot projects using economic incentives to reduce pollution. In recent years, we provided technical assistance as China launched seven carbon trading pilot programs. Their success inspired Beijing to announce that it would begin phasing in a national emissions trading system.
EDF has provided technical support to the Chinese government on critical preconditions to realizing China’s ambitions for the ETS including system design, data quality, third-party verification, training, and enforcement. EDF staff will continue to provide expertise in execution, refinement and measurement of the program’s success.
EDF’s pioneering work is a result of 50 years of environmental stewardship with public and private sectors in the United States and around the world. EDF has extensive experience in the development of emissions trading systems, including the U.S. acid rain cap-and-trade program, the 1997 Kyoto Protocol, Europe’s emissions trading system, and California’s cap-and-trade program, and also works with jurisdictions including Mexico on potential new emissions trading systems.
By Fred Krupp, EDF President
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