National emissions trading system

of historical emissions data from eight emission-intensive sectors; development of the national registry, trading system, and national enterprise.
Table of contents

• The Global Rise of Emissions Trading
• Scientific Knowledge for Decision-Makers
• Cookies on GOV.UK
• SiCEM – Preparation of an Emissions Trading System (ETS) in Mexico

Linkage is also credited with promoting liquidity and reduced price volatility in the carbon market, helping reduce the likelihood of manipulation and abuse. These results lead to operation in a multilayered framework of established rules, principles, and procedures constituting the legal order. Carbon markets are highly regulated, and this relevance of norms also extends to a linkage between such markets. The chapter analyses past and current trading schemes as a case study, such as the European Union Emission Trading Scheme, the biggest greenhouse gas emissions trading scheme.

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The Global Rise of Emissions Trading

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Scientific Knowledge for Decision-Makers

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Third, it facilitates learning through international dialogue and exchange with jurisdictions that have already implemented an ETS. At the same time, lessons learnt in the Mexican context will be disseminated at the international level. The country is currently looking at opportunities and costs for emissions reductions in order to define well-suited policies and measures for achieving these targets.

The energy and industrial sectors play an important role in reducing greenhouse gas emissions, therefore finding cost-effective mitigation instruments for these sectors is crucial to promote low-carbon development, reduce emissions, and at the same time promote economic growth, that is, decouple emissions from growth.

This program will contribute to the compliance of the Mexican sectorial commitments for low-carbon development. Germany has over ten years of experience with Emissions Trading and Emissions Reports.

A limit of overall emissions in one or more economic sectors is defined and reduced year by year. Through this mechanism, companies have the flexibility to minimize their emissions in the most cost-efficient way and where it is cheapest. The instrument, therefore, contributes to changing the behavior of producers, consumers and investors in order to reduce emissions.

At the same time, the inherent market mechanism provides flexibility to decide who takes actions, when, and which actions to take. Having been the first of its kind, it inspired and continues to inspire the development of other national or regional schemes.

SiCEM – Preparation of an Emissions Trading System (ETS) in Mexico

Mexico is not alone in its endeavor. Germany has already assisted Mexico in setting up a National Emissions Registry RENE , a database that collects information on GHG emissions from all major GHG emitting sectors, like energy, industry, transport, and others, particularly from entities with emissions over 25, tons of CO2eq. Since , Mexican companies are obliged to annually report their emissions. Additionally, international experience from other parts of the world has also contributed to the ETS establishment in Mexico, as is the case of California.

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Contact: Emissions. The newsletter is available in English and Spanish. You can subscribe to our newsletter, free of charge and with no commitment. Why Emissions Trading in Mexico? Achieved results Germany has already assisted Mexico in setting up a National Emissions Registry RENE , a database that collects information on GHG emissions from all major GHG emitting sectors, like energy, industry, transport, and others, particularly from entities with emissions over 25, tons of CO2eq.

Technical knowledge has been transferred to leading enterprises among different sectors.