Title: Compliance Carbon Markets Final Report

Language: English

Type: Document

Nature: Report

Published: July 1, 2023

Region: Global

Country: Global / Non-Specific

Topic: Emission Reduction Program

Keywords: Emission Reduction Program **

Document Link(s):

Document Summary:

Compliance Carbon Markets (CCMs), or Emissions Trading Systems (ETS) markets, fall under two broad categories. The first and most widely used type of compliance carbon market, also called “cap-and-trade”, is set by “cap-and-trade” regulations. In these markets, carbon emission allowances for domestic firms and sectors are issued by governmental organizations.

Document Details:

The report includes a total of twelve recommendations relating to primary market functioning, transparency and predictability of primary market decisions; market structures for primary markets, covering allowance allocation mechanisms, market stability mechanisms and primary market access; and secondary market functioning, with particular focus on market integrity, transparency and structure.

Updated: February 22, 2024