Beijing's exchange of carbon compensation trading market boss bullish on China

Xinhua Beijing June 19 (Yua Ruifang, Huang Danlei) 18th, the world's largest "carbon emissions" spot trading market to sing-bluenext and China's first national environmental rights trading platform-Beijing Environmental Exchange in Beijing signed an agreement to establish a strategic partnership.　　Under the agreement, the two sides will jointly establish a clean development mechanism (CDM) project internationalization information platform in China. According to the reporter understands, through the signing, the Beijing exchange and the Bluenext exchanges will establish the cross marketing cooperation relation: namely mutually will promote each other's brand; Bluenext provides expert advice to Beijing environmental exchange through interactive training and sharing of market information　　The two sides will share relevant information on international environmental rights transactions, and the CDM projects listed at the HKFE can be published at the same time on the Bluenext Exchange channel.　　Analysts here believe that the signing of the contract means that China's CDM project owners will be able to face a large number of international buyers, which is important to increase the bargaining power of CDM project owners in China, reduce transaction costs for both buyers and sellers of CDM projects, and create greater liquidity in the CDM market. China is the world's largest CDM project market, and Beijing environmental Exchange is the gateway to this vast market. Interview with Bluenext CEO Seki Halley (Serge　　Harry said that working with the Beijing Bluenext is an important step in the process of opening up China and other Asian markets, as well as an important step in providing reference prices for carbon's unified international pricing.　　On the same day, the Beijing exchange also focused on a number of representative CDM projects, including the CDM projects of major Chinese owners such as Datang Electric, which attracted the attention of international buyers such as ESI, Deutsche Bank, Swedish carbon assets, CAMCO and EDF. The Bluenext exchange, which holds 60% per cent of NYSE Euronext, is the world's largest spot market for carbon emissions, accounting for 93% of the world's spot market for carbon emissions.