1. The new situation and characteristics of global carbon market development in the context of relevant international conventions such as the United Nations Convention on Climate Change, the Kyoto Protocol, and the Paris Agreement.
2. Comprehensively introduce the domestic legislation and policy on Carbon Emissions, including The National Measures for the Administration of Carbon Emission Trading (Trial), Interim Regulations on the Administration of Carbon Emission Trading (Revised Draft), Carbon Emission Trading Management Rules, Guidelines for Enterprises Greenhouse Gas Verification (Draft for comments).
3. Legal compliance practices and cases related to domestic carbon emission market and carbon asset management: for example, carbon emission rights
4. In-depth interpretation of the impact of the latest policies and practices on carbon emissions and carbon trading on carbon asset management and green development strategies of AmCham member companies, as well as suggestions on compliance responses.
The ultimate objective of the United Nations Framework Convention on Climate Change is to stabilize greenhouse gas concentrations at an appropriate level. As a party to the Convention, China has a concrete plan for its commitment to climate change objective and aims to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060. In 2021, China established the National carbon emission trading system (ETS), being the largest emission trading market in the world.
In this seminar, Henry Hou and Shifang Guo, partners from the Global Law Office from the United Nations Framework Convention on Climate Change, the Kyoto protocol, and a series of international conventions related to carbon emissions prospects, to introduce a series of laws and regulations and policies in China to achieve carbon peak and carbon neutral. The seminar will also introduce the historical evolution of the global carbon emissions system, including the carbon emission registration system, trading system, settlement system, etc.
At the same time, the seminar will also introduce the practice of building a national carbon emission trading system in China and related legal issues. It further analysis the influence of these systems and practices on the operation and development strategies of domestic and foreign enterprises, including AmCham member enterprises, as well as the suggestions on compliance response, to provide references for AmCham member enterprises in carbon compliance management and green development strategy formulation under the dual carbon background.