ICF has been awarded a new contract to enhance cooperation between the European Union (EU) and China and to strengthen China's emission trading system (ETS). The contract, which was awarded in the third quarter of 2017, has an estimated value of €10 million ($12 million) and a term of 36 months. To support this bilateral commitment, ICF will work with the EU and China to establish a policy dialogue between the constituencies on the development and strengthening of the ETS. ICF will also provide training and knowledge sharing support to help China build effective emissions trading capacities and secure long-term sustainability and ownership of its ETS.