Global carbon credit registry integration project launched
The International Emissions Trading Association (IETA), World Bank and Singapore have launched a open-source project to improve interoperability of global carbon credit registries.
China carbon market makes 'smooth start,' but must be more robust
The China emissions trading system (ETS) made a "smooth start" in its first compliance period, but enhancements are needed to make it "more robust" in the future.
ESMA recommends EU tightens carbon market monitoring
European Securities and Markets Authority (ESMA) has recommended that the EU improve transparency and tighten monitoring of the EU Emissions Trading System (ETS) in order to "maintain orderly markets".
Carbon prices expected to rise, amid Covid-19 recovery and climate ambition catalysts
Market participants are increasingly confident that carbon prices across all major global emissions trading systems (ETSs)...
UK, EU urged to link carbon markets ahead of COP26
The UK and EU have been urged to start the process of linking their respective carbon emissions trading systems (ETS) ahead of the COP26 meeting in November.
UK commits to emissions trading scheme over carbon tax
The UK government has opted to launch its own emissions trading scheme (ETS) next month, instead of a carbon tax, and has said it will be more ambitious than the EU-run scheme it will replace.
Covid-19 poses 'most severe test yet for carbon markets' - IETA
The Covid-19 pandemic "represents the most severe test of the world's carbon markets to date, going far beyond the scope of the 2008 global financial crisis," said Dirk Forrister, president and CEO of the International Emissions Trading Association (IETA).
COP24 sees historic agreement on Paris rulebook, but work remains
A historic agreement on the rules that will govern the Paris Agreement has been sealed at the Katowice climate change conference (COP 24), but countries failed to agree changes to strengthen emissions trading schemes.
EU ETS reforms win parliamentary approval
The European Parliament has voted by a large majority to formally approve the provisional agreement reached in November on post-2020 reform of the EU Emissions Trading System (ETS).