Nine new Emissions trading schemes (ETS) started operations worldwide in 2013

2013 was a record year because nine new Emissions trading schemes (ETS) started operations worldwide. Five of them are in China, the most polluted country in the world. These Chinese pilot schemes on the metropolitan and provincial levels are planned as a prelude to a transition to emissions trading on the national level.

By 2015, other ETS will start and, according to the new ‘Emissions Trading Worldwide: ICAP Status Report 2014’, the share of global emissions covered by emissions trading is expected to rise by 70 percent from a 2005 basis. Many other insights about the status and working of emissions trading around the world can be found in the first edition of the report by the International Carbon Action Partnership, an international forum for public authorities and governments working on emissions trading.

“This report represents a unique assembly of information and analysis on where various jurisdictions around the world stand with their emissions trading systems (ETS)” said Constanze Haug, ICAP Project Manager.

The report further offers practitioner insights, enlightening infographics, and detailed factsheets on emission trading systems. Compiled by the ICAP Secretariat, contributing authors writing in their personal capacities include Peter Zapfel and Vicky Pollard of the European Commission, taking a look at the ‘backloading’ proposals in Europe; and Mariette van Empel of the Dutch Ministry of Infrastructure and the Environment, with a commentary on the Dutch model for stakeholder engagement.

Other issues include a look at Québec’s policy vision by Jean-Yves Benoit of the Quebec Ministry for the Environment, an insider look at the RGGI cap-and-invest model from Jared Snyder, Assistant Commissioner at the New York State Department of Environmental Conservation, and examinations of the systems of the cities of Tokyo, Japan and Shenzen, China.

The report contributes to ICAP’s efforts to provide a forum for governments and public authorities to share knowledge and experiences in ETS design and implementation.