Emissions Trading

Disruption and Disarray: An analysis of pangolin scale and ivory trafficking, 2015-2024

In 2019, the illegal wildlife trade reached staggering levels. Pangolin scales and ivory were being trafficked in massive quantities from Africa to Asia, exposing a network of crime syndicates operating at an industrial scale. The sheer volume of these shipments marked a disturbing milestone, one that revealed the global reach …

Carbon tax of Swiss flights legal says EU top court advisor

The European Union is within its rights to apply carbon taxes to flights between Switzerland and the regional bloc even though flights from other countries outside the area are exempt for now, a legal advisor to the EU's top court said on Tuesday. The European Court of Justice is considering …

New perspectives on climate finance for cities

New report helps cities find the money they need for climate change projects. Siemens, Citi and C40 have launched a new report that highlights innovative ways in which cities can seek financing for climate-friendly infrastructure projects. Cities across the world will need to invest some US$57 trillion in infrastructure from …

New perspectives on climate finance for cities

New report helps cities find the money they need for climate change projects. Siemens, Citi and C40 have launched a new report that highlights innovative ways in which cities can seek financing for climate-friendly infrastructure projects. Cities across the world will need to invest some US$57 trillion in infrastructure from …

Carbon pricing: a key instrument to facilitate low carbon transition

This paper discusses how carbon pricing can facilitate a low-carbon transition, or a further net zero carbon transition, responding to the Paris Agreement. There is a strong synergy between carbon pricing and the Paris Agreement; the call for ambitious climate actions through carbon pricing by both heads of governments and …

California regulators voice support for cap and trade program

Staff for California's air regulator on Thursday recommended the state extend its carbon cap and trade system beyond 2020, a move supported by utilities and some environmental groups but opposed by environmental activists representing low income communities. The show of support comes after the state failed to sell any permits …

Opportunities to enhance non-carbon dioxide greenhouse gas mitigation in China

China is making significant progress in the fight against climate change, including a commitment to peak its carbon emissions around 2030. From ramping up its carbon intensity target to limiting coal use to implementing an emissions trading scheme, recent signs show that the country is already beginning to shift toward …

California's landmark cap and trade program faces uncertain future

California's greenhouse gas reduction program is in a battle for its life, and uncertainty about its future has spooked buyers of its carbon permits California in 2012 became the first U.S. state with a comprehensive cap and trade program for carbon emissions, which are implicated in global warming, and now …

Carbon Pricing Watch 2016

The report is a one stop shop for learning about key developments and prospects of existing and emerging carbon initiatives. A challenging international carbon market has not stopped the development of domestic carbon pricing initiatives. Today, about 40 national and over 20 sub-national jurisdictions responsible for almost one fourth of …

Supporting energy pricing reform and carbon pricing policies through crediting

Some work has been done on regulatory policies (such as energy-efficiency standards, including under the Clean Development Mechanism [CDM] and with an aim to reforming the CDM beyond a project-level scope) both from the methodological side and through blueprinting of operational models. Similar approaches were developed for policies such as …

Guidance to assist developing country Parties to assess the impact of the implementation of response measures, including guidance on modelling tools

This technical paper first provides an overview of the work under the Convention in relation to assessing the impact of the implementation of response measures. The elements of and approaches to assessment of this impact are then discussed, and relevant assessment approaches, including modelling tools, are compiled with a view …

Guidance to assist developing country Parties to assess the impact of the implementation of response measures, including guidance on modelling tools

This technical paper first provides an overview of the work under the Convention in relation to assessing the impact of the implementation of response measures. The elements of and approaches to assessment of this impact are then discussed, and relevant assessment approaches, including modelling tools, are compiled with a view …

Greenhouse gas data management: building systems for corporate/facility-level reporting

Greenhouse Gas Data Management: Building Systems for Corporate/Facility-Level Reporting is intended to serve as a reference document for regulators, GHG reporting program and system administrators, and IT/development teams on all aspects of designing and developing GHG data management systems. The guidance report: Highlights the legal, regulatory, policy, institutional, and technical …

Proxy carbon pricing: a tool for fiscally rational and climate-compatible governance

The Center for American Progress proposes that federal agencies and state governments adopt the private-sector practice of proxy carbon pricing when evaluating long-term government decisions and investments. This practice would apply to decision-making with respect to both direct government action, such as investment in transportation infrastructure, and indirect government action, …

Shut coal plants or risk missing climate goals and hurting clean power, says Climate Institute

Long-term climate change goals will be missed, and clean energy investment will stagnate, if Australia does not start forcing its dirty coal-fired power plants to close, new analysis has found. Economic modelling commissioned by the Climate Institute also suggests that putting off closure until after 2030 would force the country …

Emissions trading schemes and their linking: challenges and opportunities in Asia and the Pacific

Asia and the Pacific has achieved rapid economic expansion in the recent years and has become a major source of greenhouse gas (GHG) emissions. With more than half of the world’s population and high rates of economic growth, the region is especially vulnerable to the effects of climate change and …

China’s national emissions trading system: implications for carbon markets and trade

China’s introduction of a national ETS, scheduled for 2017, is an important development in the expanding carbon market landscape. As countries move towards implementation of the recently-adopted Paris Agreement, this sends a powerful signal about China’s mitigation commitment and support for carbon markets. As the largest emitter of greenhouse gases …

Emissions-cutting aviation deal must be enforceable: NGOs

A deal this fall to cap carbon emissions from global aviation at 2020 levels must be enforceable and set long-term goals in line with the 2015 Paris agreement on climate change, a coalition of environmental groups said on Monday. Aviation was excluded from the landmark climate accord in Paris in …

Tough environmental rules do not hamper global exports: OECD

Countries with tough environmental policies such as carbon levies and air pollution rules are not at a big disadvantage when trading globally compared with countries that have looser regulations, a study by the OECD said on Thursday. The report comes at a time when lawmakers in Europe are thrashing out …

Emissions trading in practice: a handbook on design and implementation

As the world moves on from the climate agreement negotiated in Paris, attention is turning from the identification of emissions reduction trajectories—in the form of Nationally Determined Contributions (NDCs)—to crucial questions about how these emissions reductions are to be delivered and reported within the future international accounting framework. The experience …

EU nations hand out 535 million free carbon permits for 2016

European nations have handed out a combined 535 million free European Union carbon permits to industry to cover 2016 emissions, the European Commission said on Thursday. The allocation of EU Allowances (EUAs) will add supply to a market already awash with permits and could put more pressure on carbon prices, …

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