Sichuan Eco New Energy Technology Co., Ltd.

This article provides a brief overview of the background and basics of the Notice on Regulations of GEC Issuance and Trading and how multinational corporations (MNCs) and other international parties may purchase and sell renewable green energy certificates in China. The market size and the government’s determination to promote clean energy is a key driving force to reduce global carbon emissions. Following the decades-only transition from a pilot program to national-wide implementation, we believe the GEC market will gradually become a mature market for MNCs to go green by encouraging clean energy production.