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LONDON, 18 January – More than 80 businesses from Europe, North America and Australia and China are meeting in Beijing today for a one-day workshop on emissions trading.
The workshop, organised by IETA’s Business Partnership for Market Readiness (B-PMR)1, is supported by China’s National Development and Reform Commission and the World Bank. Representatives from the World Bank’s Partnership for Market Readiness (PMR) initiative will also be in attendance.
Topics on the agenda include sector-based insights, success factors for emissions trading participation, allowance management strategies and the use of project-based credits.
“IETA is honoured to have been invited by the Chinese government to organise this first of its kind event for large state-owned enterprises preparing for the national carbon market,” says Dirk Forrister, IETA’s President and CEO. “With the country moving ahead quickly to introduce a nation-wide emissions trading system next year, it is encouraging to see such a productive dialogue between Chinese enterprises and their international counterparts.”
He adds: “The B-PMR offers IETA and its members a unique opportunity to engage with the next wave of carbon markets, in China and elsewhere.”
The B-PMR will also be holding an ETS Dialogue in Chongqing on Thursday, at the invitation of the city’s UK Consulate General.
For more information on the B-PMR, please see http://www.ieta.org/B-PMR.
NOTES1 The B-PMR, launched in 2012, is a complementary programme to the World Bank’s PMR. The latter supports the preparation of carbon pricing mechanisms in developing countries, at a government-to-government level. The B-PMR aims to bring together businesses in these jurisdictions with their counterparts from around the world to share experiences and best practice for emissions trading.