In 2019 the world saw a surge in awareness and public support for climate action. The Intergovernmental Panel on Climate Change (IPCC) special report highlighted the urgency of limiting global warming to 1.5°C and of reducing GHG emissions from all sources. Worldwide, emissions trading systems (ETS) continue to be a key piece of the mitigation puzzle, with 21 systems now operating across four continents and 24 further systems under development or under consideration.
This edition of the International Carbon Action Partnership's (ICAP) Emissions Trading Worldwide report outlines the key developments and trends in emissions trading over the past year. It presents articles by ETS practitioners from ICAP member jurisdictions, providing direct insights into their systems and policies; infographics examining and comparing key ETS facts and figures; and detailed factsheets on each system currently in force, under development, or under consideration.