This report by Wolfgang Sterk, Christof Arens, Florian Mersmann, Hanna Wang-Helmreich and Timon Wehnert analyses the international climate negotiations at the UN climate conference in Durban in December 2011.

In this paper, six developing countries with possible domestic ETS are analysed: Brazil, China, India, Kazakhstan, Mexico, and South Korea. Brazil has set up a stock exchange for voluntary carbon units which may precede a domestic trading scheme. China has made concrete steps towards the creation of regional ETS in various cities and provinces.