Sino-German Cooperation
on Biodiversity, Climate and Environment
On behalf of International Climate Initiative (IKI)

EMISSIONSTRADINGIN PRACTICE: A Handbook on Design and Implementation

This handbook sets out a 10-step process for designing and implementing an ETS. In practice, the process of ETS design will be iterative rather than linear. The need to adjust and adapt policies over time is reflected in the update of this handbook, which was first released in 2016. New insights, approaches, and designs have proliferated adjusting the way ETSs operate and further developing our understanding of them.