Mai Duong

I analyse China’s carbon markets, the biggest in the world in terms of emissions coverage. I cover both China’s national carbon market and eight pilots located in different provinces and cities in China. My role is to keep abreast of market developments and produce regular analyst updates regarding hot topics in the markets. My monthly reports cover market data, policy updates, as well as our short-term forecasts for both China’s compliance and offset markets. Besides this, I focus on building the China ETS demand-supply model with price forecasts reflecting market drivers.

As a market analyst, my aim is top rovide transparency and clarity to our clients on market drivers and behaviours. I work closely with our tech and quantitative team to produce models, fine-tuning our assumptions, filing data gaps and aligning different data sets to produce comprehensive, tested model.Before I joined Veyt, I was based in China, doing myPh.D research at Fudan University and Ruhr-University Bochum jointly, on China’s carbon markets and EU-China ETS cooperation.

As such,I’m familiar with Chinese datasets and the best methods for cleaning and analysing them. China’s national market is still at its initial stage, and in the past, Chinese policy makers had taken inspiration from the EU experience in developing their own ETS. While the EU has been a market leader in regulatory terms, Chinese regulation will become increasingly influential globally. It was clear to me early on that ChinaETS is one of the most important tools for China- the world’s largest emitter, to effectively reduce its emissions.

I live in Germany, and I speak English, German, Mandarin and Vietnamese. Away from my desk I enjoy listening to Chinese folk music, reading and cooking Chinese food.