国际碳行动伙伴组织ICAP:2025年全球碳市场进展报告(英文版)
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STATUS REPORT 2025
EMISSIONS
TRADING
WORLDWIDE
EMISSIONS
TRADING
WORLDWIDE
INTERNATIONAL CARBON ACTION PARTNERSHIP
STATUS REPORT 2025
CITE AS:
ICAP (2025). Emissions Trading Worldwide: Status Report 2025.
Berlin: International Carbon Action Partnership.
Moir (New Zealand), Government of Newfoundland and Labrador – Department of
Environment and Climate Change, William Brooke (Nova Scotia), Michelle Miller
(Nova Scotia), Anthony Weatherby (Nova Scotia), Nicole Singh (Oregon), Matt Steele
(Oregon), Hadika Jamshaid (Pakistan), Pennsylvania Department of Environmental
Protection, Rommel M. Reyes (Philippines), Jonathan Beaulieu (Québec), Jean-Yves
Benoit (Québec), Mitémo Chevalier (Québec), Julie Côté (Québec), Steve Doucet-Héon
(Québec), Nicolas Garceau (Québec), Olivier Lacroix (Québec), Mourad Ziani (Québec),
Maureen Lee (Ecoeye, Republic of Korea), Hyeonjeong Kim (Ecoeye, Republic of
Korea), Government of Saskatchewan – Ministry of Environment, Silvan Aerni
(Switzerland), Thomas Kellerhals (Switzerland), Reto Schafer (Switzerland), Adrian
Schilt (Switzerland), Krittaya Chunhaviriyakul (Thailand), Asako Suyama (Tokyo
Metropolitan Government), Masaru Tsuritani (Tokyo Metropolitan Government),
Eyüp Kaan Moralı (Türkiye), Aydın Sargın (Türkiye), Mykhailo Chyzhenko (Ukraine),
Igor Onopchuk (Ukraine), Olga Yukhymchuk (Ukraine), Rufina Acheampong (United
Kingdom), Ishtar Ali (United Kingdom), Matthew Davies (United Kingdom), Felix Grey
(United Kingdom), Alise Karcevska (United Kingdom), Charlie Lewis (United Kingdom),
Hannah Lewis (United Kingdom), Bethany Parker (United Kingdom), Rosanna
Pellarin (United Kingdom), Chris Ramsay-Collins (United Kingdom), Huy Luong
Quang (Vietnam), Brian Woods (Vermont), Clara Harig (Washington), Mike Johnson
(Washington), Eli Levitt (Washington), Derek Nixon (Washington), Jordan Wildish
(Washington).
The ICAP Secretariat is grateful to the Federal Ministry for Economic Aairs and Climate
Action, Germany, for funding this report. adelphi consult GmbH lends scientific
and technical support to the ICAP Secretariat and coordinated the compilation and
production of the report.
We wish to thank Katie Kouchakji (KKE Communications) for her careful editing and
proofreading of the report, as well as for her communication advice.
A special thanks to Hermia Chan, Ezgi Güler, Kamil Matusiewicz and Analia Quiñones
Ayala for editorial assistance.
EDITORIAL TEAM:
Katja Biedenkopf, Zhibin Chen, Stefano De Clara, Baran Doda, Leon Heckmann, Iryna
Holovko, Martina Kehrer, Stephanie La Hoz Theuer, Trevor Laroche-Theune, Andrés
Olarte Peña, Victor Ortiz Rivera, Santiago Ramírez Niembro, Anastasia Steinlein, Lewis
Stevens, Theresa Wildgrube.
The ICAP Secretariat expresses its gratitude to policymakers from the ICAP membership
and further collaborators from the emissions trading field, who provided insightful
written contributions and/or carefully reviewed the report:
Government of Alberta – Ministry of Environment and Protected Areas, Agustina
Cundari (Argentina), Department of Climate Change, Energy, the Environment and
Water of the Government of Australia, Michael Grabner (Austria), Fengjv Yu (Beijing),
José Pedro Bastos Neves (Brazil), Beatriz Soares (Brazil), Scott Cutler (British
Columbia), Amanda Engel (British Columbia), Erik Davies (California), Rachel Gold
(California), Amy Ng (California), Rajmir Rai (California), Stephen Shelby (California),
Mark Sippola (California), Environment and Climate Change Canada, Juan Pedro
Searle Solar (Chile), Isabella Villanueva García (Chile), SinoCarbon (China and Chinese
Pilots), Clay Clarke (Colorado), Andrew Gruel (Colorado), Shannon Hill (Colorado), Alek
Kahn (Colorado), Megan McCarthy (Colorado), Matthew Twyman (Colorado), Cecilia
White (Colorado), Raymond Zeng (Colorado), Luz Alcántara (Dominican Republic),
Sara Gonzalez (Dominican Republic), Shakira Jimenez (Dominican Republic), Ruben
Vermeeren (European Commission), Julia Ziemann (European Commission), Daniel
Detzer (Germany), Frederik Lettow (Germany), Sophia Stüber (Germany), Dirk
Weinreich (Germany), Saurabh Diddi (India), Mandeep Kaur (India), Meenakshi (India),
Anandini Mayang (Indonesia), Government of Japan – Ministry of the Environment
and Ministry of Economy, Trade and Industry, Botagoz Akhmetova (Kazakhstan),
Muhamad Ridzwan Bin Ali (Malaysia), Ahmad Farid Mohammed (Malaysia),
Chris Hoagland (Maryland), Mark Stewart (Maryland), Allison Tjaden (Maryland),
William Space (Massachusetts and RGGI), Jelena Ban (Montenegro), Neno Jablan
(Montenegro), New Brunswick Department of Environment and Local Government,
Jonathan Binder (New York State), Lois New (New York State), Charlotte Berg (New
Zealand), Daniel Boczniewicz (New Zealand), Cathy Lawless (New Zealand), Cheryl
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