This chart shows the share of greenhouse gas emissions covered by an emissions trading system, by selected country.
Data provider MSCI Carbon Market anticipates that half of global demand for carbon credits by 2040 — including from airlines, companies and governments — could be bought and sold under the UN system.
Since the arrival of the European Union's Emission Trading Scheme (EU ETS) and the 'Kyoto Market', backed by the United Nations' Clean Development Mechanism (CDM), some of the world's biggest banks ...
Singapore plans to establish more partnerships on carbon trading at COP30. Read more at straitstimes.com. Read more at ...
A clear trend has emerged for CO 2 allowances: dwindling availability coupled with escalating prices. At Orrick, we are seeing two key events which promise to further intensify this trajectory.
As governments debate how to mobilize trillions of dollars in climate finance, Indonesia is using the COP30 climate summit in Brazil to aggressively promote its carbon market — a system that experts ...
China is adding steel, aluminum, and cement industries to its national carbon trading market by the end of 2024. This move aims to reduce emissions and help China meet its climate goals, including ...
China on Monday issued a 17-point guideline on promoting the nation's green transformation and the building of a national carbon emissions trading market, as part of the country's broad efforts to ...
Introduced in 2005, the EU's Emissions Trading Scheme (ETS) limits the amount of carbon that can be emitted each year by ...
EXCITEMENT ABOUT THE market for greenhouse gases is rising even faster than global temperatures. Investment banks that are already active in the market are doubling their teams, while those that ...
LONDON, Feb 21 (Reuters) - The price of carbon emissions permits in Europe's carbon market, the world's most established, hit a record high over 100 euros ($107) per tonne on Tuesday. Europe’s ...