The contribution of this project will be demonstrated by four dedicated outputs:
- Continued, regular EU-China policy dialogue on emission trading evolving with the development of ETS in China and the EU and improved understanding among Chinese decision makers and stakeholders with respect to the role emission trading can play in achieving the goals of the Paris Agreement.
- Significantly enhanced capacity in China to operate a National ETS through capacity building and training provided to both Chinese authorities in charge of emission trading in China and Chinese industry representatives from entities participating or planning to participate in the China ETS.
- Practical advice to Chinese authorities in charge of emission trading on issues related to the rollout. Further development of the China National ETS identified by the Chinese authorities. As appropriate, identify new areas of cooperation between the EU and China on topics relevant for emissions trading.
- Annual meetings of the PSC will guide and steer the capacity-building, training and knowledge-sharing components of the project, including the necessary coordination with other activities carried out under the project.