The brief emphasises the need to translate climate commitments into effective policies, focusing on carbon pricing mechanisms like emissions trading, carbon taxes, and crediting mechanisms led by public authorities. - Carbon pricing cooperation is essential for increasing climate ambition,...

Achieving climate neutrality by 2050 requires tailored approaches for each sector, with an in-depth assessment of the technical, political, and social feasibility of relying on an emissions trading system (ETS). - To ensure a cohesive decarbonisation strategy, interaction effects between the EU...

Compliance carbon markets continue to be at the core of global climate mitigation efforts and raised a record USD 74 billion in revenues in 2023. In 2024, 36 Emission Trading Systems (ETSs) are in force, covering approximately 18% of global emissions. In addition, 22 ETSs are being developed or...