Emissions Trading Worldwide
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At a Glance<br />
Global Trends in <strong>Emissions</strong> <strong>Trading</strong><br />
After more than a decade since the launch of the pioneering EU<br />
ETS, emissions trading continues to grow and develop. With 17<br />
systems now in operation around the world, ETSs are currently<br />
pricing more than four billion tons of GHG emissions. Looking<br />
forward to 2017, two new systems are to be launched in China and<br />
Ontario. As the Chinese pilot systems will be subsumed under the<br />
national ETS, there will then be 12 distinct systems worldwide covering<br />
nearly seven billion tons of emissions.<br />
4,590<br />
+ 1<br />
6,840<br />
+ 2<br />
+ 2<br />
2,150<br />
+ 1 + 1<br />
2,300<br />
+ 1 + 1 + 1<br />
+ 9<br />
2005 2006 2007 2008 2009 2010 2011 2012<br />
2013 2014 2015 2016 2017<br />
MtCO2e covered<br />
Number of new ETS in place<br />
As more systems enter operation, the share of emissions covered by ETSs grows. At the same<br />
time, progressively declining caps lead to a decrease in total emissions covered in these systems,<br />
ensuring their environmental effectiveness.<br />
More than half of INDCs<br />
support international carbon markets<br />
plan to use<br />
markets<br />
consider using<br />
markets<br />
64<br />
25<br />
89<br />
160<br />
INDCs<br />
COP 21<br />
Paris 2015<br />
Provisions on Markets<br />
Sustainable<br />
Development<br />
Mechanism
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