The announcement that the People's Republic of China will set up a national emissions trading market in 2017 is a game-changer that could prompt similar moves elsewhere.
Xuedu Lu provides ADB advice on carbon market, technology transfer and other climate change business since 2010. Prior to joining ADB, he served the Government of the People’s Republic of China in research, policymaking and international negotiations on climate change. He was elected as Member/Alternate of the CDM Executive Board under the Kyoto Protocol from 2001 to 2010. Mr. Lu has published more than 30 academic papers and 7 books.
Results 1 - 3 of 3
Hunan, a major manufacturing hub in the PRC, recently launched a low-carbon technology incubator to offset environmental degradation and rising greenhouse emissions, and wants to become a model for developing Asia, where the business case for cleantech is emerging.
There is still long way to go to reach a final agreement for effective climate change action in 2015, but the COP20 in Lima was an important step forward.