This policy brief, written in May 2024, provides an overview of the international carbon market landscape and describes the status quo in terms of the degree of its integration and the use of the mechanisms set out in Article 6 of the Paris Agreement. It assesses the linkability of existing emissions trading systems (ETSs) and discusses the emerging topics of sector expansion and the role of removals in compliance markets.
The international carbon market landscape contin ued to evolve rapidly in 2024, reflecting the grow ing urgency of addressing climate change and addressing it through cost-effective policy instru ments. Compliance [...]
The EU Electricity Market Design reform requires transmission and distribution system operators to provide transparent information on the available grid capacity for new connections, commonly referred to as hosting capacity [...]
The European Union (EU) has made significant progress in reducing CO2 emissions in recent decades, partly due to the implementation of the EU Emissions Trading System (EU ETS). However, the [...]
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