Ministry of Ecology and Environment, Rules for the Administration of Settlement Relating to Carbon Emissions Permits (Trial Implementation)

生态环境部碳排放权结算管理规则 (试行)

June 25, 2021 | BY

Susan Mok

A risk warning system is in place for carbon trading

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Promulgated:May 14, 2021

Effective: as of date of promulgation

Main contents: A registrar shall select a qualified commercial bank as settlement bank and open a dedicated transaction settlement fund account with such bank to be used for depositing the transaction moneys and related amounts of trading subjects (Article 5).

A registrar shall implement a risk warning system. If a registrar deems it necessary, it may issue a risk warning