A Chinese emissions trading scheme is much anticipated by carbon traders around the world. Because China is the world's largest emitter, it dominates the supply side of the Clean Development Mechanism (CDM) market. By creating a huge demand for new environmental projects, it would boost this market's value.
Under the agreement, the Cbeex will give BlueNext access to its prime database of CDM projects in China. The data will be displayed on BlueNext's website and is intended to promote investment