1|3 Last Update: 26 September 2016 International Carbon Action Partnership ETS Detailed Information Brazil - Sao Paulo General Information Summary Status: ETS under consideration Jurisdictions: Sao Paulo São Paulo was the first Brazilian state to adopt subnational climate change legislation in 2009. The policy establishes an economy-wide emissions reduction target and focuses on the energy, industrial processes, solvents, agriculture and waste sectors. São Paulo has also established a GHG inventory. In 2012, the state announced plans to establish an ETS. However the plan was put on hold for an undetermined timeline in 2014. CETESB - Sao Paulo state environmental agency (Portuguese) BM&F BOVESPA Exchange (Portuguese) Overall GHG emissions (excluding LULUCF) Emissions: 139.8 MtC02e (2005) Overall GHG emissions by sector Sector Name Energy Industrial processes Agriculture Waste Overall GHG reduction target By 2020: 20% reduction GHG emissions compared to 2005. Type of ETS No information available yet. Cap and trajectory No information available yet. Carbon Price Current Allowance Price (per t/CO2e): No information available yet. ETS Size Emissions covered by the ETS No information available yet. GHG covered No information available yet. Sectors covered and thresholds No information available yet. Number of liable entities No information available yet. Point of regulation No information available yet. MtCO2e 80 20.6 29.8 9.4 International Carbon Action Partnership ETS Detailed Information 2|3 Last Update: 26 September 2016 Phases & Allocation Compliance period No information available yet. Trading period No information available yet. Allocation No information available yet. Flexibility Banking and borrowing No information available yet. Offsets and credits No information available yet. Provisions for price management No information available yet. Compliance Monitoring, Reporting, Verification (MRV) No information available yet. Enforcement No information available yet. Other Information Institutions involved State Fund of Pollution Prevention and Control (FECOP): a fund for projects related to environmental improvements in Sao Paulo Secretariat for the Environment of the State of Sao Paulo: in charge of administering the FECOP CETESB: environmental agency of the state of Sao Paulo BM&F BOVESPA: Brazilian Mercantile & Futures Exchange (BM&F) and the Sao Paulo Stock Exchange (Bovespa) Centro de Estudos em Sustentabilidade Getulio Vargas (GVCes) Linkage with other schemes There are indications that the Sao Paulo system might be linked with the Rio system via BM&F Boverde and BV Rio. International Carbon Action Partnership ETS Detailed Information 3|3 Last Update: 26 September 2016 Disclaimer Copyright © 2012 by International Carbon Action Partnership (ICAP). All rights reserved. The content provided by the ICAP ETS map is protected by copyright. You are authorized to view, download, print and distribute the copyrighted content from this website subject to the following condition: Any reproduction, in full or in part, must credit the International Carbon Action Partnership (ICAP) must include a copyright notice. If you have any questions please contact info@icapcarbonaction.com. Developed and designed by Lucid.Berlin The initial data as of December 2012 was compiled by the ICAP Secretariat for ICAP jurisdictions and by Ecofys for non-ICAP jurisdictions. Since then, the ICAP Secretariat has continuously updated the data for the ICAP and non-ICAP jurisdictions. Information compiled in the ICAP ETS Map is based on official and public information, as much as possible, and focuses on cap-and-trade systems for greenhouse gas emissions. The ETS map thus does not aspire to monitor all climate policy instruments. This website presents interim results of a continuous working process. Although the information contained therein is assembled with utmost care, ICAP and Ecofys cannot be held liable for the timeliness, correctness and completeness of the information provided. Please refer to the imprint on the website of the International Carbon Action Partnership regarding links to external websites, liability and privacy policy.