ICAP is pleased to welcome Scotland as its newest member. The Scottish Government, represented by Catriona Laing, Deputy Director in the Domestic Climate Change Division, signed the ICAP political declaration, making Scotland the 34th member of ICAP.
Scotland has set itself the ambitious goal of achieving national climate neutrality by 2045, with emissions trading playing a major part in its policy framework. As a member of ICAP, Scotland will join the ICAP community, sharing expertise and supporting the development, implementation and improvement of emissions trading systems (ETSs) around the world.
Since 2021, Scotland has been part of the United Kingdom ETS. This system was established by the Scottish, UK and Welsh Governments along with the Northern Ireland Department of Agriculture, Environment and Rural Affairs, following the departure of the UK from the European Union ETS. Each UK nation has its own ETS Regulator responsible for enforcing compliance with the UK ETS regulations. In Scotland, this role is fulfilled by the Scottish Environment Protection Agency (SEPA).
For further information on Scotland’s efforts concerning climate change and emissions trading, please visit the website of the Scottish Government.