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On June 30, KAS RECAP published the latest research on potential harmonization of emission trading systems in Southeast Asia and China done by the International Institute of Green Finance (IIGF).

China, as the world’s largest emitter, has seen significant developments of its ETS in the past years and its ETS development is expected to influence climate action around the world, particularly for its neighboring countries.

Against this backdrop, IIGF provide an analysis of ETS harmonization and success factors. By deriving success factors of ETS harmonisation from successful and unsuccessful ETS harmonisation case studies from Norway and the EU, Switzerland and the EU, Quebec and California and the Regional Greenhouse Gas Initiative (RGGI), as well as from the literature, this report develops a model for analysing ETS harmonisation in Southeast Asia. The factors that are analysed include domestic environmental, political, and economical motivation of respective jurisdictions, the relationship between jurisdictions, as well as ETS robustness, and system design of respective ETSs.

This is a closed workshop. Participation in this event is by invitation only.

The publication can be downloaded at https://www.kas.de/en/web/recap/single-title/-/content/potential-harmonisation-of-emission-trading-systems-ets-china-and-southeast-asia.