In the second decade of the new millennium, China has gradually intensified its campaign against air pollution. As a result, clear sky over major cities like Beijing is no longer confined to windy days.
In the past several years, China has encountered some tough challenges on a world stage that has become more and more difficult for the country to navigate. But as the Chinese word for crisis shows, one should not overlook the opportunities present in times of danger.
December 10, 2018, on the first day of high-level events in the second week of the 24th United Nations Climate Change Conference (COP 24), the first side event of the China Pavilion settled on the theme of carbon market. The event was hosted by the Chinese Ministry of Ecology and Environment’s Department of Climate Change, with supporters including the National Center for Climate Change Strategy and International Cooperation, the World Bank, the International Energy Agency, the Asian Development Bank, and Energy Foundation China.