Project title Responsible institution Description Objectives Methodology and assumptions Mitigation Greenhouse gases covered Implementation period Monitoring or progress indicator Results obtained Additional information Emissions trading system (SCE) SEMARNAT. An ETS is a market instrument designed to reduce greenhouse gas (GHG) emissions. It is based on the &quot;cap and trade&quot; principle. Promote the reduction of CEI emissions from the sectors regulated by the General Law on Climate Change (LGCC) and its regulations on the National Emissions Registry ( RENE), in the most cost-effective way, in a measurable, reportable and verifiable manner, without violating the competitiveness of the participating sectors vis--vis international markets Establish a maximum limit on the total emissions generated by one or more sectors of the economy such cap must be reduced each year Submit an emission right for each ton of CO emitted by facilities in these sectors Trade with other companies in the system (receive or buy rights) The ETS will be introduced gradually The authority will impose limits to CEI emissions from the Energy and Industrial Processes sectors The three-year trial period will have approximately 200 participating facilities Mexico is in the Emissions Trading System Test Program, defined to be developed in two phases: the pilot phase, from January 1, 2020 to December 31, 2021; and the transition period, between January 1 and December 31, 2022. Under development. CO The second compliance cycle of the SCE Pilot Program began, which will last until the end of 2022. From the results obtained, the calculation methods and the assignment of the mitigation count will be developed both in the RENE and in the SCE Indicator(s). ) proposed(s) for monitoring the implementation process of the measure. Tons of CO emissions. CO mitigated and accredited in the SCE. The piloting is in the second year of implementation. The SCE has 284 participating facilities from the industrial and energy sector: 97% of them complied with the delivery of Emission Rights (1 emission right- 1 t/COe). In this phase, the second stage of allocation of emission rights will be carried out and the first delivery of emission rights will be carried out by the participants. The emission rights have been allocated free of charge to the participants. There is the Consultative Committee of the Emissions Trading System (COCOSCE), as the permanent technical body