Picture by DAVE HUNT/AAP/PA Images. All rights reserved. At this year’s Conference of the Parties, or COP23, held earlier in November in Bonn, China’s special representative for climate change, Zhenhua Xie, confirmed that the world’s most populous country had designed its own carbon market which will be established very soon.
By enlarging and unifying its carbon market, Beijing will take the proportion of the world’s population covered by an emissions trading system from 15% to 25%.
