Featured Posts

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...

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.
-
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 …
-
DateCategoryPaperCover ImageDateCategoryPaper
Emissions Trading Systems and Net Zero: Trading Removals
Teaser + metatagsThis paper seeks to understand the challenges that net zero emission targets could present for the operation of emissions trading systems (ETSs) and develops a series of models for the possible interactions between ETSs and removal units from negative emissions technologies (NETs).
-
DateCategoryPaperCover ImageDateCategoryPaper
Achieving Net Zero under a Cap-and-Trade System
Teaser + metatagsCurrent estimates suggest achieving net-zero emissions will require much higher carbon prices. What challenges could arise? A brief on the possible policy options to address them.