Publications
In its function as a knowledge hub on emissions trading, ICAP publishes a range of knowledge products, from the flagship annual ICAP Status Reports to short papers and studies on selected ETS design or operation issues, to practical guidebooks for policy makers and practitioners to ETS briefs targeting a broad audience. On occasion, the partnership also releases joint public statements on issues surrounding emissions trading to contribute to the international debate.
ICAP & PMR ETS HandbookICAP and the World Bank's Partnership for Market Readiness (PMR) jointly published a second edition of the ETS Handbook. The second edition builds on the key insights of the first edition, incorporating the important learnings and developments that have taken place over the last five years, as well as critical feedback gained from the practical application of the ETS Handbook by policymakers and practitioners in designing and implementing ETSs. The updated handbook will continue to be an important tool for continued ETS capacity building. The second edition is available in English, and Spanish and Chinese versions are forthcoming. |
ICAP and the PMR released the first edition in March 2016, synthesizing input from over 100 practitioners and technical experts across four continents. The first edition is available in English, Chinese, Spanish, Turkish, and Ukrainian.
Carbon Leakage and Deep Decarbonization ReportIn June 2020, ICAP released its report Carbon Leakage and Deep Decarbonization: Future-proofing Carbon Leakage Protection. |
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ICAP Linking GuideIn September 2018, ICAP launched its report, A Guide to Linking Emissions Trading Systems, which consolidates the experiences from ICAP Members that have considered or operate a linked market alongside insights from the literature. |
Distilling practical experience with linking to date, the guide details the achievable advantages of linking and details ways to avoid possible pitfalls. Pathways to implementing a linked market and strategies to align different system designs are also covered, as well as stakeholder perspectives, the linking agreement and management of the linked market.
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Annual Report - Emissions Trading Worldwide: Status ReportSince 2014, ICAP publishes its annual status report, 'Emissions Trading Worldwide: Status Report', which provides a comprehensive round-up on the state of play on emissions trading around the globe. |
Our briefs also explore specific ETS design topics, such as how revenue is spent or how systems can cooperate to form a joint market.
The briefs are available in English, Chinese, Korean, French, Spanish and Russian. More briefs are on the way, so check back for the latest updates and trends in emissions trading.
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Input Papers and ReportsICAP produces a range of high-quality research, in order to facilitate discussion among ETS practitioners on the latest issues in policy design. Our publications, sometimes the product of the collaboration with other research institutions, are subject to review and inputs from ICAP Members and Observers. They are also used as resources for ETS related education and communication. |
In 'Linking ETS: State of the Art', the authors summarize the key insights from the literature with a focus on the technical dimensions of linking ETS.
ICAP, in conjunction with the Mercator Research Institute on Global Commons and Climate Change, as well as Resources for the Future produced 'Emissions Trading and the Role of a Long-Run Carbon Price Signal', which looks at how ETSs incentivize cost-effective mitigation over the long term, as well as possible options to address market and regulatory imperfections in emissions trading.
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ICAP Submission and StatementIn the run-up to the COP21 in Paris, ICAP filed a submission to the UNFCCC Ad Hoc Working Group on the Durban Platform for Enhanced Action (ADP) on 19 October 2015, calling for the Paris agreement to support the use of market mechanisms to help countries achieve the targets laid down in their Intended Nationally Determined Contributions (INDCs). |