Surat in Gujarat has become the first city in the world to start implementing an Emissions Trading Scheme for controlling particulate matter pollution in a move that can cut pollution levels by as much as 29 per cent.

The pilot scheme is being implemented by the Gujarat Pollution Control Board in coordination with researchers from the University of Chicago, Yale University and The Abdul Latif Jameel Poverty Action Lab (J-PAL).

“The Gujarat Pollution Control Board’s ETS is projected to both foster economic growth by reducing industries compliance costs and improve people health by reducing particulate air pollution. It is bringing Indian environmental policy to the global frontier,” says Michael Greenstone, Director of the Energy Policy Institute at the University of Chicago.