As the world confronts increasingly urgent climate challenges, emissions trading systems (ETS) have emerged as powerful tools for reducing greenhouse gas emissions. In the ICAP Status Report 2024, the International Carbon Action Partnership delves into the current landscape of emissions trading, highlighting a year of significant developments across global carbon markets. From new systems taking shape in emerging economies to innovative ETS designs in established markets, the report captures a dynamic picture of how jurisdictions worldwide are leveraging carbon pricing for a net-zero future. Whether you’re a policymaker, business leader, or climate advocate, this report provides critical insights into the ongoing evolution of emissions trading as a cornerstone of global climate action.
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