Featured Posts

Emissions Trading Worldwide: 2023 ICAP Status Report
Check out the 2023 ICAP Status Report with the latest developments in emissions trading around the world.
The report includes:
🔹 comprehensive snapshot of the latest ETS developments
🔹 up-to-date factsheets on all systems
🔹 infographics that visualize the systems' characteristics
🔹 in-depth articles from policymakers and carbon market experts

Emissions Trading and Carbon Capture and Storage: Mapping possible interactions, technical considerations, and existing provisions
This report explores how CCS is treated in different ETSs around the world; if and how ETSs could play a role in incentivizing the development and deployment of CCS applications; and the challenges and opportunities in developing the required regulation in this context.

Offset Use Across Emissions Trading Systems
As market-based instruments, emissions trading systems are inherently flexible, as entities can decide to reduce their own emissions or buy emissions allowances from the market. Carbon offsets (or simply ‘offsets’) are a tool to further increase flexibility in reaching climate targets under ETSs, as they offer sectoral and geographical flexibility for jurisdictions to reduce greenhouse gas emissions outside of the scope of their ETS. This report...

Benchmark-based allocation in emissions trading systems: Experiences to date and insights on design
Benchmarking can protect against carbon leakage while setting incentives to reduce emissions, but their design entails complex trade-offs. This paper explores benchmark-based industrial allocation design and experiences, using insights from existing ETSs, and their implications for abatement and low-carbon investment incentives.

Emissions Trading Worldwide: 2022 ICAP Status Report
Check out the 2022 ICAP Status Report with the latest developments in emissions trading around the world.
The report includes:
- Insights from policymakers and carbon market experts
- Infographics
- Factsheets on each system in operation, under development and under consideration

Now available in Chinese: Updated Handbook for Emissions Trading Design and Implementation
Now available in Chinese: Updated Handbook for Emissions Trading Design and Implementation (2nd Edition).

ICAP & World Bank Paper: Governance of Emissions Trading Systems
ICAP and the World Bank jointly published a paper on the governance of emissions trading systems.
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DateCategoryReportCover ImageDateCategoryReport
Emissions Trading and Carbon Capture and Storage: Mapping possible interactions, technical considerations, and existing provisions
Teaser + metatagsThis report explores how CCS is treated in different ETSs around the world; if and how ETSs could play a role in incentivizing the development and deployment of CCS applications; and the challenges and opportunities in developing the required regulation in this context.
-
DateCategoryReportCover ImageDateCategoryReport
Offset Use Across Emissions Trading Systems
Teaser + metatagsAs market-based instruments, emissions trading systems are inherently flexible, as entities can decide to reduce their own emissions or buy emissions allowances from the market. Carbon offsets (or simply ‘offsets’) are a tool to further increase flexibility in reaching climate targets under ETSs, as they offer sectoral and geographical flexibility for jurisdictions to reduce greenhouse gas emissions outside of the scope of their ETS. This report …
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DateCategoryReportCover ImageDateCategoryReport
Status and Trends of Compliance and voluntary carbon markets in Latin America
Teaser + metatagsAn overview of the steps that jurisdictions in Latin America have taken to plan, design and implement carbon pricing. Available in English, Spanish and Portuguese.
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Carbon Leakage and Deep Decarbonization Report
Teaser + metatagsA review of current efforts to address carbon leakage, assess the risk of carbon leakage, and policies to strengthen decarbonization efforts in light of ongoing leakage vulnerability and the push to achieve net-zero emissions.
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Striving to keep ETS Simple: Current practices to manage complexity in emissions trading
Teaser + metatagsThis report examines options for simplification in both the design phase and specific areas of operation, outlining approaches, experiences, and lessons from existing systems to date.
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The Use of Auction Revenue from Emissions Trading Systems
Teaser + metatagsThis report examines how different emissions trading systems (ETSs) manage and distribute revenue generated from auctioning allowances. Directing revenue from auctions toward projects that generate tangible benefits is a key way to increase the political and social acceptability of an ETS.
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A Guide to Linking Emissions Trading Systems
Teaser + metatagsHow to best link emissions trading systems? This guide provides policymakers with a step-by-step for the whole process. Complete with practical experiences, how to avoid possible pitfalls, stakeholder perspectives, and much more.
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Emissions Trading and Electricity Sector Regulation
Teaser + metatagsIn theory, ETS offers a cost effective tool to achieve emission reduction targets, but in practice, electricity sector regulation interacts with emissions trading in ways that may prevent or change how participants respond to the allowance price. This report provides a conceptual framework to understand this interaction.