Coordination of Approaches to the Construction of Market-Based Mechanism of Maritime Carbon Emissions in China
Carbon emission reduction in maritime transportation requires the integrated application of various measures,including the market-based mechanism(MBM).Although the EU's unilateral application of maritime carbon trading system may have a positive effect on the construction of the market-based mecha-nism in the maritime field,it is not in line with China's shipping interests due to its neglect of the principle of common but differentiated responsibility.China should join hands with other non-EU countries to oppose the EU's unilateral measures and actively promote the construction of the multilateral market-based mecha-nism at the International Maritime Organization(IMO)level,so as to promote the realization of fair and eq-uitable transformation of maritime carbon emission.Meanwhile,at the domestic level,based on the guid-ance of promoting the domestic and abroad governance in an integrated manner,China needs to provide le-gal basis for the implementation of the maritime market-based mechanism.
dual carbon targetscarbon emissions from maritime transportationmarket-based mechanismscommon but differentiated responsibilityno more favourable treatment
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