[Policy Update] MEE and NDRC Jointly Issue "15th Five-Year Plan for Ecological Environmental Monitoring"

📰 News Highlight

On July 16, 2026, the Ministry of Ecology and Environment (MEE) and the National Development and Reform Commission (NDRC) jointly issued the "15th Five-Year Plan for Ecological Environmental Monitoring" (the "Plan").

⚙️ Core Components

1.       Integrated "Sky-Earth-Air-Sea" Network: The plan prioritizes the construction of an integrated monitoring network spanning space, earth, air, and sea. Key tasks include upgrading monitoring capabilities and implementing full-process quality management.

2.       National Greenhouse Gas Monitoring Infrastructure: The framework introduces major engineering projects explicitly designed to build national greenhouse gas (GHG) monitoring capabilities.

💡 Key Takeaways

1.       Data Precision to Ground the "Dual Carbon" Strategy: This plan serves as a foundational institutional arrangement for China's "Dual Carbon" goals.

2.       Digitalization of Environmental Governance: The upgrade of the monitoring system signals a rapid shift toward data-driven, digital environmental oversight.

3.       Synergistic Climate and Pollution Control: The modernized network bridges the gap between pollution control and climate monitoring.

[Market Update] NEA Convenes First Meeting of the China-SCO Energy Cooperation Steering Committee

📰 News Highlight

Recently, the National Energy Administration (NEA) convened the inaugural meeting of the China-Shanghai Cooperation Organization (SCO) Energy Cooperation Steering Committee. The session focused on deepening energy partnerships within the SCO framework and deploying strategies to advance the China-SCO Energy Cooperation Platform.

💡 Key Takeaways

1.       Strategic Rollout of "Double Thousand" Initiatives: The committee prioritized the deployment and execution of the landmark "Double Thousand" projects alongside joint capacity-building initiatives.

2.       Accelerating Regional Interconnection and Green Transition: This mechanism is explicitly designed to align regional energy security with low-carbon transition goals.

[Carbon Market]

During July 13 – July 17, the total transaction volume of Carbon Emission Allowances (CEA) in the Chinese National Carbon Market reached 3,984,856 tons, with a total transaction value of USD 52,208,231.51. The highest price was USD 13.29/ton, and the lowest price was USD 12.89/ton. For bulk agreement transactions, the volume was 2,390,510 tons, with a transaction value of USD 31,160,155.56.