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   –   Countries with an ETS    –   Countries without an ETS    –   No Data

Countries around the world are implementing or considering carbon emissions trading systems (ETS) to incentivize emission reductions. The following overview provides insights into the current status of ETS adoption globally:

  • Countries with an ETS: Many European countries have established national or regional ETS programs, including Belgium, Bulgaria, Czechia, Estonia, Finland, France, Germany, Italy, Latvia, Lithuania, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the UK. China and Kazakhstan also have operational ETS frameworks.
  • Sub-national ETS: Canada and the USA have ETS systems at the sub-national level, such as specific provinces or states, demonstrating a commitment to regional carbon management.
  • Countries without an ETS: Many nations, particularly in Latin America, Africa, and parts of Asia, do not currently have an ETS in place. These include countries such as Argentina, Australia, Brazil, India, Saudi Arabia, Vietnam, and others.

This summary highlights the uneven adoption of ETS globally, with developed regions and some emerging economies leading the way in implementing carbon markets to curb emissions.

Source: World Bank Group