International Carbon Action Partnership (ICAP)
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News
Explore our latest news covering emissions trading systems worldwide and what’s happening at ICAP.
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OUT NOW – New ICAP Status Report 2024 presents the latest developments in emissions trading systems worldwide
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Türkiye envisions central role for ETS in 2024-2030 climate strategy
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Oregon begins rulemaking process to reinstate emissions trading system
![sr2024_out-now_cover.jpg](/system/files/styles/adelphi_icap_news_card_xs_1x/private/image/sr2024_out-now_cover.jpg?h=602b1fc6&itok=y1aADyiZ)
OUT NOW – New ICAP Status Report 2024 presents the latest developments in emissions trading systems worldwide
![turkey_engin-yapici-wa1u0scvlzu-unsplash turkey_engin-yapici-wa1u0scvlzu-unsplash](/system/files/styles/adelphi_icap_news_card_xs_1x/private/image/turkey_engin-yapici-wa1u0scvlzu-unsplash.jpg?h=e05f9ea8&itok=nRTXgM8U)
Türkiye envisions central role for ETS in 2024-2030 climate strategy
![oregon_atanas-malamov-tpmav6c33de-unsplash.jpg](/system/files/styles/adelphi_icap_news_card_xs_1x/private/image/oregon_atanas-malamov-tpmav6c33de-unsplash.jpg?h=73f8af3d&itok=vOvOiphr)
Oregon begins rulemaking process to reinstate emissions trading system
Events & Courses
ICAP organizes public events, conferences and workshops on emissions trading and offers regular ETS training courses to build capacity in aspirant jurisdictions.
Show upcoming eventsInnovate4Climate (I4C) 2024
Taking place on September 10 to 12 in Berlin, I4C 2024 will bring together the public and private sectors to turn up the...
North America Climate Summit (NACS) 2024: 24-26 September in New York City
More information on the North America Climate Summit 2024 will follow here in due course
Explore our tools
Allowance Price Explorer
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Featured Publications
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Emissions Trading Worldwide: 2024 ICAP Status Report
Check out the 2024 ICAP Status Report with the latest developments in emissions trading around the world.
The report includes:
🔹 State and outlook of emissions trading worldwide
🔹 Detailed factsheets on every system in operation, under development, and under consideration
🔹 Infographics that visualize the systems' characteristics
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Applying Rules under Article 6 of the Paris Agreement to Linked Emissions Trading Systems
This paper explores how the Article 6.2 rules agreed at COP26 could be applied to an international link of two ETSs, including how to account for the changes in emissions, addressing the challenges in determining when changes in emissions occur within an ETS, and options to generate finance for adaptation and “net” mitigation from the link.
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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
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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.
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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...
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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.
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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.