India:PM2.5 emissions trading introduced-National Commodity Derivative Exchange (NCDEX)
Ahmedabad
June 14, 2019
Environmental Pollution Control Board (GPCB):
On June 5, the Gujarat Environmental Pollution Control Board (GPCB) in western India announced that it had introduced the Emissions Trading Scheme (ETS) for fine particulate matter (PM 2.5) as a countermeasure against air pollution.
The introduction of the system specialized for particulate matter such as PM2.5 and PM10 is the world’s first.
Indian National Commodity Derivative Exchange (NCDEX):
It plans to do emissions trading through the Indian National Commodity Derivative Exchange (NCDEX).
The state government will pre-introduce 167 of the 350 companies scheduled to introduce the scheme.
It will be introduced to the entire company from August 1st.
-JETRO
https://www.jetro.go.jp/biznews/2019/06/5274b9f1a605bebc.html