CCER relaunch is imminent with methodologies under review

On June 29, 2023, China’s Ministry of Ecology and Environment (MEE) held its monthly press conference and announced that it is planning the long-awaited CCER market relaunch before the end of the year and major predatory works are underway. According to the MEE’s spokesperson, three key preparatory works need to be completed before the relaunch can go ahead: 1) The publication of the legal rules; 2) The setting of methodologies; 3) The launch of trading facilities including a new trading platform and accounting registry.