China, People's Republic of : Improving the Design of the National Carbon Emissions Trading System
Project Details
-
Project Officer
Bano, Alfredo
East Asia Department
Request for information -
Country/Economy
China, People's Republic of -
Sector
- Public sector management
| Project Name | Improving the Design of the National Carbon Emissions Trading System | ||||
| Project Number | 52015-001 | ||||
| Country / Economy | China, People's Republic of |
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| Project Status | Closed | ||||
| Project Type / Modality of Assistance | Technical Assistance |
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| Source of Funding / Amount |
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| Strategic Agendas | Inclusive economic growth |
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| Drivers of Change | Governance and capacity development Knowledge solutions Partnerships |
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| Sector / Subsector | Public sector management / Public administration |
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| Gender | No gender elements | ||||
| Description | |||||
| Project Rationale and Linkage to Country/Regional Strategy | |||||
| Impact | The People's Republic of China's national emissions trading system (ETS) functioning and operational. |
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| Project Outcome | |
|---|---|
| Description of Outcome | National ETS policies on allowance management and market oversight improved |
| Progress Toward Outcome | This will be assessed at project completion. |
| Implementation Progress | |
| Description of Project Outputs | Policy recommendations on allowance management and market oversight measures of the national ETS developed National capacity in ETS management enhanced |
| Status of Implementation Progress (Outputs, Activities, and Issues) | Final consultants report is underway. Draft methodology to calculate carbon credits completed. |
| Geographical Location | Nation-wide |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | The proposed TA has been identified, conceptualized, and prepared through direct discussions with the Ministry of Ecology and Environment. |
| During Project Implementation | Close coordination with the Department of Climate Change of the PRC's Ministry of Ecology and Environment to ensure delivery of the project's outputs. |
| Business Opportunities | |
|---|---|
| Consulting Services | The TA will need 56 person-months of consulting services from (i) a senior international carbon market specialist as team leader and carbon market specialist (12 person-months); and (ii) a senior national carbon market specialist as deputy team leader, a carbon market specialist for allowance auction, a carbon market specialist for credit validity, a carbon market specialist for market oversight, a securities market specialist, and a project coordinator (44 person-months). ADB will engage the consultants through individual selection to secure the best international and national experts in different aspects of ETS development, following the ADB Procurement Policy (2017, as amended from time to time) and its associated project administration instructions and/or staff instructions. ADB will implement the TA from 1 October 2018 to 30 September 2020. The consultants will need to submit timely TA deliverables, which are included in the terms of reference for consultants. |
| Responsible ADB Officer | Bano, Alfredo |
| Responsible ADB Department | East Asia Department |
| Responsible ADB Division | EASI |
| Executing Agencies |
Ministry of Ecology and Environment former "Ministry of Environmental Protection" |
| Timetable | |
|---|---|
| Concept Clearance | 25 Apr 2018 |
| Fact Finding | 19 Jun 2018 to 29 Jun 2018 |
| MRM | - |
| Approval | 27 Aug 2018 |
| Last Review Mission | - |
| Last PDS Update | 30 Sep 2022 |
TA 9574-PRC
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 27 Aug 2018 | 29 Sep 2018 | 29 Sep 2018 | 30 Sep 2020 | 30 Sep 2022 | 30 Mar 2023 |
| Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 750,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 750,000.00 | 07 Apr 2023 | 482,774.03 |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
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| Title | Document Type | Document Date |
|---|---|---|
| Improving the Design of the National Carbon Emissions Trading System: Technical Assistance Report | Technical Assistance Reports | Aug 2018 |
Safeguard Documents See also: Safeguards
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Evaluation Documents See also: Independent Evaluation
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Related Publications
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