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ICAP online seminar: Introduction to ETS as a tool for climate mitigation in Southeast Asia

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From the EU to South Korea and from China to California, more and more jurisdictions around the world use emissions trading systems as a tool to achieve their climate goals. At the beginning of 2021, around 17% of world’s emissions are covered by ETS. In Southeast Asia, several countries have taken steps towards developing emissions trading systems, such as Indonesia, the Philippines, Thailand, and Vietnam.

In this context, from 22 to 26 March 2021, the International Carbon Action Partnership (ICAP) in cooperation with the Asia Society Policy Institute (ASPI) convened an online seminar, focusing on Southeast Asian countries. The Seminar introduced participants from Southeast Asia to the basic concepts and key elements of emissions trading and was designed to be interactive and engaging. Drawing on examples and experiences from existing systems, the Seminar explained the main design choices for setting up an ETS and conveyed solutions for their implementation.

The ICAP online seminar was implemented on behalf of ICAP by the Ecologic Institute, ICF International and get2C in cooperation with the ASPI. It was funded by the European Commission.