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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
297 MtCO2 (2023)
GHGs covered
CO2
Average secondary market price (2023)
CNY 75.01 (USD 10.58)
Total revenue since beginning
CNY 815.5 million (USD 115.1 million)