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Gujarat Cap-and-Trade Success
April 30 , 2025
18 hrs 0 min
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- A new study in India found that the world’s first market for trading in particulate matter emissions, delivered both environmental and economic benefits.
- The programme lowered industrial pollution, slashed abatement costs for plants and improved compliance with environmental regulations.
- The emissions trading scheme (ETS) is a cap-and-trade system for particulate pollution.
- It was launched in Gujarat’s Surat, a major industrial hub.
- It was developed as a pilot by the Gujarat Pollution Control Board (GPCB), in collaboration with the Energy Policy Institute at the University of Chicago.
- The programme is operational for over five years.
- It was the first of its kind globally for particulate matter and India’s first pollution trading scheme of any kind.
- Under the programme, 318 large coal-using industrial plants were required to install Continuous Emissions Monitoring Systems (CEMS), allowing real-time tracking of particulate matter emissions.
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