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OUT NOW: ICAP Status Report 2026 — Steady Course in Turbulent Waters

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The 2026 edition of the ICAP Status Report: Emissions Trading Worldwide is out now. 

Despite a turbulent geopolitical landscape and renewed pressures on energy markets, global emissions trading continues to expand and mature. 41 emissions trading systems (ETS) are now in force worldwide, covering 26% of global greenhouse gas emissions across jurisdictions that together represent 63% of global GDP and more than half the world's population.

Three new national-level systems launch in 2026 — in Japan, India, and Vietnam — while established systems deepen their ambition. ETS revenues reached a record USD 80 billion in 2025, and an ETS is now in place in 14 of the G20 nations, with many naming it as a central instrument for NDC 3.0 delivery under the Paris Agreement.

A cornerstone report for the carbon market community, the ICAP Status Report features comprehensive factsheets, in-depth analyses, and infographics — covering all ETS in operation, under development, or under consideration around the world.

Download the full report here.

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Stefano De Clara

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Stefano De Clara
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Head of the ICAP Secretariat
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Emissions trading is no longer a niche policy tool. It is becoming the architecture of the global climate response.

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Launch Webinars

Americas and Europe 📆 15th April (Wednesday) ⏰ 5PM-6.30PM CEST Registration Link 

The panel discussion will feature speakers from the following jurisdictions: 

  • European Commission
  • United Kingdom
  • California
  • Washington State (tbc)
  • Brazil

 

Asia-Pacific and Europe 📆 16th April (Thursday) ⏰ 9AM-10.30AM CEST Registration Link 

The panel discussion will feature speakers from the following jurisdictions: 

  • European Commission
  • Germany
  • India
  • China
  • Vietnam