• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

  • Home
  • Contact
  • Join
  • About
    • ALP Steering Commitee
    • ALP Members
    • Fact Sheet
    • What Are LEDS?
  • Community Of Practice
  • News
    • Perspectives
  • Events
    • Asia LEDS Forums
  • Training
  • Resources
    • Publications & Presentations
    • Websites & Portals
    • Webinars
    • Videos
  • Expert Help
Home / Resource / Beijing’s Pilot Emission Trading System

Resource Document

Beijing’s Pilot Emission Trading System

Details

Author: Asia LEDS Partnershp, ICLEI East Asia Secretariat, The Climate Change Research Center of the Beijing Municipal Ecology and Environment Bureau
Country: Global
Type: Reports and Studies

The case study was developed by the Asia LEDS Partnership, ICLEI-Local Governments for Sustainability East Asia Secretariat with support from the Climate Change Research Center for the Beijing Municipal Ecology and Environment Bureau.

As one of the largest emitters in the world, China is on its way towards reduced carbon emissions without hindering economic development. With the objective to gradually establish a national carbon trading market and achieving the country’s goal of controlling GHG emissions, China’s National Development and Reform Commission approved 7 local governments as Emission Trading System (ETS) pilots in 2011, aiming to 1)contribute to effective control and reduction of carbon emissions; 2) achieve green and low caron development; 3) mitigate haze pollution and emission of other pollutants for better air quality; and 4) develop new financial mechanism for the market.

The case study summarizes a few key points regarding the experience of the Beijing ETS, which was launched in November 2013 as one of the seven pilots in China. Moving into the seventh year of operation, the Beijing ETS now has over 900 liable entities, covering about 45% of the jurisdiction’s total emissions. 29.07 million tons of emissions allowances have been traded via the system, accounting for a total value of CNY 1.049 billion (USD 146,860 million).

The Beijing ETS has successfully triggered regulated entities to take measures and reduce GHG emissions through technological renovation and upgrading, which contributed to reducing the city’s total emissions and expenditure on carbon reduction. The extensive experiences and measures of the Beijing ETS has also been channeled into the launch and the incremental development of China’s national ETS, and has its referential values for other cities who would like to establish local Emission Trading Systems.

Download

Primary Sidebar

Related ResourcesView All

The Asia LEDS Partnership Steering Committee includes:

Swiss Agency for Development and Cooperation (SDC)
Department of International Cooperation, Ministry of Economic Affairs, Chinese Taipei
Global Green Growth Institute (GGGI)
U.S. Agency for International Development (USAID)
National Renewable Energy Laboratory, USA
Leadership for Environment and Development (LEAD), Pakistan
International Climate Development Institute (ICDI), Chinese Taipei
The International Centre for Climate Change and Development (ICCCAD), Bangladesh
Ministry of Planning and Investment,  Vietnam
Ministry of Environment, Department of Climate change and International Relations, Mongolia
Climate Change Commission, Philippines
Climate Change Secretariat, Ministry of Mahaweli Development and Environment, Sri Lanka
Programming Division, Planning Commission, Bangladesh
ICF International
Organisation for Economic Co-operation and Development (OECD)
UN ESCAP
Sri Lanka Climate Fund
United Nations Environment Programme
UN Economic and Social Commission for Asia and Pacific (ESCAP)
  • Home
  • About Us
  • Member Organizations
  • Join Us
  • Contact Us
  • Legal
LEDS logo

The Asia LEDS Partnership is a regional platform of the LEDS Global Partnership

Sign up for our Newsletter

Connect With Us

© 2021 Copyright Asia LEDS Partnership. All Rights Reserved