CCER Development Based on Scenery, Fire and Storage Integration Project

Abstract

Since 2012, China has established a national voluntary greenhouse gas emission reduction trading mechanism, which realizes the filing of voluntary emission reduction projects such as carbon sinks and the issuance of certified voluntary emission reduction (CCER). Due to the challenges in the development, opera-tion, trading, and other stages of carbon sequestration projects, and the suspension of voluntary emission reduction-related applications by the competent authorities in 2017, the development of CCER carbon se-questration projects in China is relatively insufficient, and the number of registered projects accounts for only 2%. Therefore, this article, based on the CCER methodology development perspective of the Wind-Solar-Storage Integration Project, investigates and analyzes the structure of the project, the baseline methodology, and procedures for CCERs, economic evaluation, and additional challenges of the project, and verifies the feasibility of CCER development for the Wind-Solar-Storage Integration Project in the Ningxia region based on actual conditions. The article also proposes policy recommendations for the development of new energy carbon sequestration projects.