From Theory to Practice: Launch of the ETS Handbook (Revised and Updated)

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Growing ambition in jurisdictions’ climate targets has resulted in an increased adoption of Emissions Trading Systems (ETSs). Currently, 38 countries, 18 states or provinces, and 6 cities have adopted an ETS and additional systems are under development. While not a silver bullet, an ETS can help ensure jurisdictions meet their targets at least cost. However, to maximize its effectiveness, an ETS needs to be designed in line with a jurisdiction’s context.  

This event marked the release of the updated version of the ETS Handbook jointly developed by the PMR and the International Carbon Action Partnership (ICAP). The updated Handbook has drawn from recent learnings gained over the last five years as jurisdictions around the world have gathered experience in designing, implementing and refining ETSs. 

This event provided an overview of the key design elements and policy issues as well as highlighted experiences and lessons learned from jurisdictions that have implemented an ETS. 

AGENDA

Welcome Remarks:

• Venkata Putti, Program Manager, PMR Secretariat World Bank
• Rajinder Sahota, Deputy Executive Officer for Climate Change and Research, California Air Resources Board

Moderator: Emma Krause, Advisor, ICAP 

Expert Presentation: Stuart Evans, Senior Engagement Manager, Vivid Economics - View Presentation 

Panel: 

• Mark Sippola, Air Resources Supervisor, California Air Resources Board - View Presentation 
• Adriana Gutiérrez, Advisor to the Climate Change and Risk Manager Director, Ministry of Environment & Sustainable Development, Colombia  - View Presentation
• Qian Guoqiang, Deputy General Manager, SinoCarbon, China - View Presentation

Download the ETS Handbook