China Relaunches Voluntary Carbon Credits Halted in 2017
- Media Manager
- Jan 22, 2024
- 1 min read
Bloomberg
Written By: Dan Murtaugh & Kathy Chen
Published: January 22nd, 2024
China has relaunched its long-stalled voluntary carbon offset market, offering funding to projects with the potential to curb emissions but which struggle to generate profits.
National trading of the China Certified Emissions Reduction credits began Monday in Beijing, state-owned CCTV reported. Issuance of the credits was halted in 2017 to prevent surplus supply.
