This analytical report shows that a total of eight new carbon markets opened in 2013, and another launched in early 2014. With these additions, the world’s emissions trading schemes are valued at about US$30 billion. China now houses the second largest carbon market in the world, covering the equivalent of 1,115 million tons of carbon dioxide, after the EU ETS, with its 2,039 MtCO2e cap in 2013.
Download file: ENG
Organization: WB, Ecofys
Topics: Mitigation, International Law and Policy, Financial Mechanisms, Carbon Financing and CDM, COP22 List of UN Publications
Type of material: Analytical-Technical Document
Publication date: 2014