Designing a governance framework for the NZ ETS

Closes 17 Sep 2021

Opened 8 Jul 2021


The Government is proposing improvements to the market governance framework of the New Zealand Emissions Trading Scheme (NZ ETS).

The NZ ETS is an important tool for reducing greenhouse gas emissions in Aotearoa New Zealand.

Read our proposal on designing a governance framework for the New Zealand Emissions Trading Scheme [PDF 1.4MB]

Why we are consulting

We need to improve the current market governance framework to manage risks of misconduct in the NZ ETS and protect NZ ETS users from financial harm.

We are seeking your feedback on proposals to address:  

  • governance of advice 
  • governance of trading 
  • governance of market conduct
  • appointing a regulator.

The proposals range from low to high levels of regulation.

We want your feedback on the proposals.


We are planning to hold three webinars in early August to discuss the proposals. More details to come.

Have your say