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  • 10 May 2016 5:43 PM | Stephanie Olegario (Administrator)

    In A Vision For the Market Provisions of the Paris Agreement, IETA notes the long-term durability of the Paris Agreement, making it especially crucial that its implementation incentivises the maximum level of emissions reductions – including via harmonised carbon pricing systems.

    This can be achieved through linking systems, which in turn enables the transfer of emissions units between various systems. Such transfers are also encapsulated in the Paris Agreement, with paragraph 2 of article 6 establishing internationally transferable mitigation outcomes (ITMOs) as means of accounting for such linkages between systems.

    The paper also highlights the role of the Emissions Mitigation Mechanism (EMM), as established by paragraph 4 of article 6. This mechanism can cut emissions in countries which are currently not in a position to establish a carbon pricing system yet which need the climate finance that the EMM can bring, says IETA. Robust accounting and governance provisions are again crucial to ensuring environmental integrity of any resultant reductions which are counted towards a country’s Paris Agreement goal.

    Click here to download the full paper.

  • 01 Apr 2016 5:24 AM | Stephanie Olegario (Administrator)

    The EDF-IETA report, “Doubling Down on Carbon Pricing: Laying the Foundation for Greater Ambition”, illustrates a number of possible routes for achieving the dramatic expansion of carbon pricing envisioned by the Panel. The report presents four scenarios for meeting both of the Panel’s targets, to increase carbon pricing coverage from the current level of 12% of global emissions to 25% in 2020, and doubling to 50% coverage in the next decade. The scenarios show that the Panel’s goals are ambitious, in the sense that they will require action beyond what is currently anticipated — especially to reach the 50% goal.  At the same time, the report finds that the goals are achievable, given the existence of multiple plausible scenarios to meet them.

    Carbon pricing creates a powerful economic incentive to reduce emissions at the lowest possible cost, generating momentum and impetus for more ambitious climate action. As a result, carbon pricing can play a critical role in meeting the objectives of the Paris Agreement by helping countries to implement their targets and cut emissions even more in the future.  Nonetheless, simply expanding the coverage of carbon pricing will not meet long-run climate goals: the underlying policies must be sufficiently ambitious. The ultimate test of any climate policy is the emissions reductions it achieves. 

    EDF and IETA are partners of the Carbon Pricing Leadership Coalition. The Coalition brings together leaders from across government, the private sector and civil society to share experience working with carbon pricing and to expand the evidence base for the most effective carbon pricing systems and policies.

    Download the report here.

  • 03 Nov 2015 8:38 AM | Stephanie Olegario (Administrator)

    Please find here (printer friendly version available here) an executive IETA briefing highlighting the importance of INDCs on the development of carbon markets and carbon pricing worldwide.

    This is crucial for countries that are fully industrialised and have high carbon abatement costs and for countries where emissions originate in sectors with limited abatement opportunities because of technology constraints. The UNFCCC’s INDC Synthesis Report, released on 30 October, highlights that over half of the INDCs submitted to date plan to use or are considering the use of market mechanisms. 

    Carbon markets not only bring a needed source of finance, but they also provide good governance and strong accounting frameworks that allow for technology transfers to be a win-win for both participants in a transaction.

    Please see the briefing for more on how the Paris agreement can enable the spread of carbon markets around the world and facilitate a link between systems.

  • 14 Sep 2015 4:29 AM | Anonymous member (Administrator)
    This paper goes into detail about what IETA is looking for from both the Paris Agreement and COP decisions, as well as providing background to why we think emissions trading is the best policy option to drive the low-carbon transition.  Please find the paper here.

  • 08 Jul 2015 12:00 AM | Anonymous member (Administrator)
    IETA's Streamlined Market Provisions for the Paris 2015 Climate Agreement is available for download here.
  • 06 May 2015 8:26 AM | Anonymous member (Administrator)

    Enlisting government support for voluntary carbon management & offsetting to scale & accelerate climate action

    Scientific research coordinated by the IPCC suggests that policy and regulation is not keeping up with the urgency if the requirement to mitigate climate change impacts. The necessary policy and regulatory frameworks are evolving: top-down under the auspices of the UNFCCC, and bottom-up through the varied actions of individual governments and states.

    IETA White Paper
  • 25 Mar 2015 12:00 AM | Anonymous member (Administrator)

    IETA has created a two-page document, ‘key principles for carbon pricing in the 2015 agreement,’ drawn from previous IETA positions and the IETA Straw Proposal for Market Provisions for the Paris 2015 agreement.  This document includes specific IETA principles for market architecture in the agreement.

    The document has also been translated in Español thanks to PwC Bogota.
  • 13 Feb 2015 9:15 PM | Anonymous member (Administrator)

    IETA released its ‘market provisions for the Paris 2015 Climate Agreement’ policy briefing ahead of COP 20 in Lima.  

    IETA’s Straw Proposal on “Market Provisions for the Paris 2015 Climate Agreement is available here for download.

  • 28 Aug 2014 2:58 AM | Anonymous member (Administrator)

    As an Accredited Private Sector Observer organization and close follower of the UN Green Climate Fund (GCF), the International Emissions Trading Association (IETA) recognizes the vital role the Fund should play in fostering the transformative paradigm shift required to build lasting low-carbon and climate resilient communities in developing regions. We therefore welcome this opportunity, announced in the 7 August “Call for Inputs”, to share private sector insights to help inform the development of GCF’s Investment Framework. 

    Access IETA's response here.

  • 30 Jun 2014 10:13 AM | Anonymous member (Administrator)

    IETA Response to South Africa’s Carbon Offset Paper for Public Comment.

    Access the document here.

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