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.
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...
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.
ICAP and the World Bank jointly published a paper on the governance of emissions trading systems.
DateCategoryReportCover ImageDateCategoryReportTeaser + metatags
This 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.
DateCategoryPaperCover ImageDateCategoryPaperTeaser + metatags
This 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.
DateCategoryICAP Status ReportCover ImageDateCategoryICAP Status ReportTeaser + metatags
Check out the 2019 ICAP Status Report with the latest developments in emissions trading around the world.
The report includes:
- Insights from international emissions trading experts
- Factsheets on each system in operation and under consideration