China’s CDM market: Will Shanghai say goodbye to CERs?

The Climate Change conference in Copenhagen (COP15) rounded off 2009 on a sour note, following a lack of collective will to determine a binding agreement. Although, none of the 140 countries signed a much-talked about agreement, the blame for the de-railing of the Copenhagen talks was put mainly at the door of China.

Some analysts believe China may suffer a backlash as a result, with Clean Development Mechanism (CDM) project investors choosing to put their money into projects in countries that