United Kingdom
UK Emissions Trading Scheme (UK ETS)
The UK Emissions Trading Scheme (UK ETS) began operating in January 2021, following the departure of the UK (excluding...
Switzerland
Swiss ETS
The Switzerland (Swiss) ETS started in 2008 with a five-year voluntary phase. Thereafter, participation was mandatory for large, energy-intensive entities and voluntary for...
New Zealand
New Zealand Emissions Trading Scheme
The New Zealand Emissions Trading Scheme (NZ ETS) was launched in 2008 and is a central policy for climate change...
Montenegro
In December 2019, the “Law on Protection from the Negative Impacts of Climate Change” (Climate Law) entered into force in Montenegro. The law mandates...
Mexico
The Mexican ETS, the first in Latin America, started in January 2020. It covers direct CO2 emissions from fixed sources in the energy and...
Korea
Korea Emissions Trading Scheme
The Korea Emissions Trading Scheme (K-ETS) launched in 2015 as East Asia’s first nationwide, mandatory ETS. It covers around 74% of...
Kazakhstan
Kazakhstan Emissions Trading System
Kazakhstan launched its ETS (KAZ ETS) in January 2013. It covered around half of Kazakhstan’s emissions in 2020.
The KAZ ETS cap...
Japan
Saitama Target Setting Emissions Trading System
Saitama Prefecture’s ETS was launched in April 2011. It covers around 20% of the prefecture’s 2019 emissions.
Saitama’s system covers...
Indonesia
Indonesia’s intensity-based emissions trading system was launched in early 2023 and currently covers the power generation sector. The ETS covers facilities with a production...
Canada
Nova Scotia
Nova Scotiaʼs cap-and-trade program began operating in 2019. The program covers more than 80% of GHG emissions in the province. It was established...