Research On The Legislative Improvement Of My Country's Carbon Emissions Trading Monitoring, Reporting And Verification System

Due to gradual realization that global warming is mainly caused by greenhouse emissions,people from all over the world began to hold international meetings to discuss solutions.For the purpose of reducing carbon emissions,the market mechanism,emissions trading scheme,was introduced on this background.The legal basis of emissions trading is the Kyoto Protocol of 1997,which regulates the reducing tasks of the developed countries and developing countries.As the world's largest greenhouse gas emitter,China actively and voluntarily fulfills emissions reduction commitments.And based on lacking conditions of building the emissions trading market,China decided to start up pilots first,then to construct national carbon trading market.The MRV system mainly monitors,reports and verifies em:issions data and plays a key role in ensuring the authenticity of emissions data.Therefore,MRV system of the carbon emissions trading market mechanism is given legal force and subjects are assigned rights and obligations,which facilitates the normal operation of the carbon emissions trading market.From the beginning of pilots'work in 2013 to the start of the national carbon emissions trading market in 2017,China has accumulated rich theoretical and implementing experiences.At the same time,foreign countries such as the European Union and the United States have established carbon emissions trading markets before.Summarizing their experiences can provide institutional inspirations for the launch of China's national carbon emissions trading market.The paper is divided into four parts.The first part;:the legal structure and main functions of MRV system.Based on the meaning of carbon emissions trading system and MRV system's connotation,structure and internal relations,the paper discusses what effects can legislation perfection of MRV system have on emissions trading system.The second part:trading pilots'problems and analyses of their reasons.First of all,it analyzes the legislative generalization and overall implementation of the current 7 pilots5 systems.Then it analyzes the legislative problems of the 7 pilots'systems,and then analyzes the causes behind these problems.The third part:three main foreign MRV systems' experiences and revelations,which focuses on the analyses of legislation and implementing experiences in the EU ETS,RGGI and Australian carbon emissions trading systems,then lessons are drawn from which to improve China's MRV system.The fourth part is the legal perfection suggestions of MRV system.Based on the experiences of trading pilots and foreign MRV systems,the paper puts forward targeted recommendations of the entity legal norms,procedural norms and legal responsibilities.