Carbon pricing is an important instrument in addressing climate change. However, a well-functioning carbon pricing instrument needs a robust framework to quantify GHG emissions (including removals) underpinned by high quality data. This data can help policy makers set the level of a carbon tax...

Putting a price on carbon can be an indispensable part of a country's strategy to reduce emissions in an efficient way. Furthermore, putting a price on carbon through international carbon markets can also offer significant cost benefits and enable flexibility in achieving emission reduction...

Currently, about 46 national jurisdictions and 35 cities, states, and regions, representing almost a quarter of global greenhouse gas (GHG) emissions, are putting a price on carbon as a central component of their efforts to reduce emissions and place their growth trajectory on a more sustainable...

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...

Emissions trading continues to expand as a flexible policy response to climate change. Its implementation raises complex governance challenges, however, and calls for robust institutional, regulatory and procedural frameworks. Unlike aspects of technical design and implementation, the governance...

Emissions trading continues to expand as a flexible policy response to climate change. Its implementation raises complex governance challenges, however, and calls for robust institutional, regulatory and procedural frameworks. Unlike aspects of technical design and implementation, the governance...

This report provides a survey of the key features associated with greenhouse gas (GHG) monitoring, reporting, and verification (MRV) systems that support the pilot emissions trading schemes (ETS) in China. The seven pilots are: Beijing, Chongqing, Guangdong, Hubei, Shanghai, Shenzhen, and...