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Official name of scheme
China - Guangdong pilot ETS
ETS Status
in force
Jurisdictions
Guangdong
Start of operation (year)
2013
Sectoral coverage
Domestic Aviation
Industry
Allocation
Free Allocation (Grandparenting; Benchmarking) and Auctioning
Offsets and credits
Domestic (national and provincial)
Cap
265 MtCO2 (2021)
GHGs covered
CO2
Average secondary market price (2022)
CNY 76.53 (USD 11.35)
Total revenue since beginning
~CNY 815.5 million (USD 121 million)