A Blueprint for an Emissions Trading System in Bangladesh: Lessons from Global Precedents

Sabit Ibtisam Anan; Debbie Hopkins

doi:10.47134/jees.v3i1.920

Authors

Sabit Ibtisam Anan Dhaka Residential Model College
Debbie Hopkins Associate Professor of Human Geography, University of Oxford

DOI:

https://doi.org/10.47134/jees.v3i1.920

Keywords:

Carbon dioxide emissions, Low-Carbon Economy, Carbon Trading, Carbon Pricing, Climate Policy, Bangladesh, Industrial Decarbonization

Abstract

This study designs a blueprint for an Emissions Trading System (ETS) in Bangladesh through comparative analysis of six global systems: the EU ETS, US SO₂ Program, China Regional Pilots, Mexico ETS, Korea ETS, and California Cap-and-Trade. The research evaluates mechanisms for cap setting, allocation, sectoral coverage, and MRV frameworks to identify optimal design elements. My findings indicate that a phased implementation targeting high-emission industries with output-based allocation alongside inter-temporal and inter-spatial trading would be best for balancing emission reduction with economic growth in Bangladesh. The proposed framework offers policymakers a viable pathway to decarbonization while maintaining industrial competitiveness, while also suggesting pathways of future research to predict environmental and economic impacts.

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