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温室气体减排自愿交易管理办法 ( 试行 )

温室气体减排自愿交易管理办法 ( 试行 )

Measures for the Administration of VoluntaryGreenhouse Gas Emission Reduction Trading(Trial) The translation from Chinese to English is supported by Environmental Defense Fund (EDF)2023.10.19 1 Measures for the Administration of Voluntary Greenhouse Gas Emission Reduction Trading (Trial) Chapter I General Provisions Article 1: These Measures are formulated with the aims of achieving China’s endeavors to peak carbon dioxide emissions and achieve carbon neutrality, controlling and reducing greenhouse gas (GHG) emissions resulting from human activities, encouraging voluntary GHG emission reductions, and standardizing national voluntary GHG emission reduction trading and its related activities. These Measures are formulated in accordance with the directives of the Party Central Committee and the State Council regarding establishing a national voluntary GHG emission reduction trading market, and relevant laws and regulations. Article 2: These Measures apply to the activities related to national voluntary GHG emission reduction trading and its supervision and management. Article 3: National voluntary GHG emission reduction trading is market-oriented, and its related activities adhere to the principles of equity, justice, openness, integrity, and voluntariness. Article 4: Juridical persons and other legally established organizations within the territory of the People's Republic of China are permitted to engage in voluntary GHG emission reduction-related 2 activities in accordance with these Measures and are allowed to apply the registration of voluntary GHG emission reduction projects and emission reductions. Juridical persons, other legally established organizations, and natural persons who adhere to appliable regulations are eligible to engage in voluntary GHG emission reduction trading in compliance with the provisions set forth in these Measures. Article 5: The Ministry of Ecology and Environment is tasked with establishing a national voluntary GHG emission reduction trading market, and formulating administration requirements and technical specifications for national voluntary GHG emission reduction trading. The Ministry of Ecology and Environment holds the responsibility of supervising, managing, and providing guidance for activities related to national voluntary GHG emission reduction trading. Provincial-level ecological and environmental authorities are responsible for supervising and managing voluntary GHG emission reduction trading and related activities within their respective administrative regions. Municipal-level ecological and environmental authorities at the district level shall cooperate with the provincial-level ecological and environmental authorities in supervising and managing voluntary GHG emission reduction trading and related activities within their administrative regions. The market supervision administration authority and the ecological and environmental authorities shall, according to their 3 respective responsibilities, supervise and manage the bodies engaged in the approval of GHG emission reduction projects and the verification of emission reductions (hereinafter referred to as “validation and verification bodies”) and the bodies validation and verification activities. Article 6: The Ministry of Ecology and Environment establishes a standardized national voluntary GHG emission reduction registration institution (hereinafter referred to as “registration institution”) and a national voluntary GHG emission reduction registration system (hereinafter referred to as “registration system”). The registration institution is responsible for operating and managing the registration system, handling the application of the registration and cancelation of emission reduction projects and emission reduction projects through the system. The registration institution also records information related to voluntary GHG emission reduction projects and verified voluntary emissions reduction registration, holdings, changes, and cancellations. The information recorded in the registration system serves as the final basis for determining the attribution and status of verified voluntary emission reductions. In accordance with relevant national regulations, the registration institution may formulate specific operational rules for the registration of voluntary GHG emission reduction projects and emission reductions and report them to the Ministry of Ecology and Environment for documentation. 4 Article 7: The Ministry of Ecology and Environment establishes a stan