STATUSREPORT2025EMISSIONSTRADINGWORLDWIDEEMISSIONSTRADINGWORLDWIDEINTERNATIONALCARBONACTIONPARTNERSHIPSTATUSREPORT2025CITEAS:ICAP(2025).EmissionsTradingWorldwide:StatusReport2025.Berlin:InternationalCarbonActionPartnership.Moir(NewZealand),GovernmentofNewfoundlandandLabrador–DepartmentofEnvironmentandClimateChange,WilliamBrooke(NovaScotia),MichelleMiller(NovaScotia),AnthonyWeatherby(NovaScotia),NicoleSingh(Oregon),MattSteele(Oregon),HadikaJamshaid(Pakistan),PennsylvaniaDepartmentofEnvironmentalProtection,RommelM.Reyes(Philippines),JonathanBeaulieu(Québec),Jean-YvesBenoit(Québec),MitémoChevalier(Québec),JulieCôté(Québec),SteveDoucet-Héon(Québec),NicolasGarceau(Québec),OlivierLacroix(Québec),MouradZiani(Québec),MaureenLee(Ecoeye,RepublicofKorea),HyeonjeongKim(Ecoeye,RepublicofKorea),GovernmentofSaskatchewan–MinistryofEnvironment,SilvanAerni(Switzerland),ThomasKellerhals(Switzerland),RetoSchafer(Switzerland),AdrianSchilt(Switzerland),KrittayaChunhaviriyakul(Thailand),AsakoSuyama(TokyoMetropolitanGovernment),MasaruTsuritani(TokyoMetropolitanGovernment),EyüpKaanMoralı(Türkiye),AydınSargın(Türkiye),MykhailoChyzhenko(Ukraine),IgorOnopchuk(Ukraine),OlgaYukhymchuk(Ukraine),RufinaAcheampong(UnitedKingdom),IshtarAli(UnitedKingdom),MatthewDavies(UnitedKingdom),FelixGrey(UnitedKingdom),AliseKarcevska(UnitedKingdom),CharlieLewis(UnitedKingdom),HannahLewis(UnitedKingdom),BethanyParker(UnitedKingdom),RosannaPellarin(UnitedKingdom),ChrisRamsay-Collins(UnitedKingdom),HuyLuongQuang(Vietnam),BrianWoods(Vermont),ClaraHarig(Washington),MikeJohnson(Washington),EliLevitt(Washington),DerekNixon(Washington),JordanWildish(Washington).TheICAPSecretariatisgratefultotheFederalMinistryforEconomicAffairsandClimateAction,Germany,forfundingthisreport.adelphiconsultGmbHlendsscientificandtechnicalsupporttotheICAPSecretariatandcoordinatedthecompilationandproductionofthereport.WewishtothankKatieKouchakji(KKECommunications)forhercarefuleditingandproofreadingofthereport,aswellasforhercommunicationadvice.AspecialthankstoHermiaChan,EzgiGüler,KamilMatusiewiczandAnaliaQuiñonesAyalaforeditorialassistance.EDITORIALTEAM:KatjaBiedenkopf,ZhibinChen,StefanoDeClara,BaranDoda,LeonHeckmann,IrynaHolovko,MartinaKehrer,StephanieLaHozTheuer,TrevorLaroche-Theune,AndrésOlartePeña,VictorOrtizRivera,SantiagoRamírezNiembro,AnastasiaSteinlein,LewisStevens,TheresaWildgrube.TheICAPSecretariatexpressesitsgratitudetopolicymakersfromtheICAPmembershipandfurthercollaboratorsfromtheemissionstradingfield,whoprovidedinsightfulwrittencontributionsand/orcarefullyreviewedthereport:GovernmentofAlberta–MinistryofEnvironmentandProtectedAreas,AgustinaCundari(Argentina),DepartmentofClimateChange,Energy,theEnvironmentandWateroftheGovernmentofAustralia,MichaelGrabner(Austria),FengjvYu(Beijing),JoséPedroBastosNeves(Brazil),BeatrizSoares(Brazil),ScottCutler(BritishColumbia),AmandaEngel(BritishColumbia),ErikDavies(California),RachelGold(California),AmyNg(California),RajmirRai(California),StephenShelby(California),MarkSippola(California),EnvironmentandClimateChangeCanada,JuanPedroSearleSolar(Chile),IsabellaVillanuevaGarcía(Chile),SinoCarbon(ChinaandChinesePilots),ClayClarke(Colorado),AndrewGruel(Colorado),ShannonHill(Colorado),AlekKahn(Colorado),MeganMcCarthy(Colorado),MatthewTwyman(Colorado),CeciliaWhite(Colorado),RaymondZeng(...
