fbpx 52015-001: Improving the Design of the National Carbon Emissions Trading System | Asian Development Bank

China, People's Republic of: Improving the Design of the National Carbon Emissions Trading System

Sovereign (Public) Project | 52015-001 Status: Active

Project Details

Project Officer
Lu, Xuedu East Asia Department Request for information
Country
  • 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 China, People's Republic of
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 9574-PRC: Improving the Design of the National Carbon Emissions Trading System
Climate Change Fund US$ 750,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Knowledge solutions
Partnerships
Sector / Subsector

Public sector management / Public administration

Gender Equity and Mainstreaming 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.
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) Two international and 6 national individual consultants have been mobilized. The Inception Workshop was held in April 2019. Work is on-going as planned.
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 Lu, Xuedu
Responsible ADB Department East Asia Department
Responsible ADB Division EASI
Executing Agencies
Ministry of Ecology and Environment former "Ministry of Environmental Protection"
115 Xizhimen Nanxiaojie, Beijing
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 16 Mar 2020

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 - -
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 27 Aug 2018 138,752.59

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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Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

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Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.