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Example

New Zealand Emissions Trading Scheme

Authorized by the Climate Change Response Act of 2002, the New Zealand Emissions Trading Scheme (NZ ETS) was launched in 2008. Originally designed to cover the whole economy, it has the broadest sectoral coverage of any ETS, including forestry as a source of both emissions and units. Establishing a link to high-integrity international carbon markets will form part of New Zealand’s strategy for meeting its 2030 target.

Documents

  • Other Resources

    ICAP report on NZ ETS

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  • Existing Laws

    Climate Change Response Act of 2002

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  • Other Resources

    New Zealand: An Emissions Trading Case Study

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