In this paper, the authors develop a model to assess the market stability reserve, a key feature of reforming the European Union’s emissions trading system (EU ETS). Reforms to the EU ETS have been made in the face of a significant, prolonged downturn in the allowance price.

This publication presents a factual overview of the design and implementation of the Korean Emissions Trading Scheme, focusing on lessons from its implementation and opportunities under the Paris Agreement. It provides information to assist other countries that are designing or considering an emissions trading system.

Niti Aayog has proposed 15-point action plan for combating air pollution in ten most polluted cities in the country, including Delhi, Kanpur and Varanasi. The draft action plan titled 'Breathe India' includes encouraging electric vehicles, phasing out private diesel vehicle and development of crop residue utilisation policy.

Most national policies to reduce greenhouse gas emissions in Europe target energy consumption and energy supply, while economic and regulatory instruments are the most common means of cutting emissions, according to a European Environment Agency (EEA) report.

The Asia Society Policy Institute (ASPI) and the International Centre for Trade and Sustainable Development’s (ICTSD) report, Northeast Asia Carbon Markets and Trade Connections, focuses on carbon pricing and the linking of carbon pricing systems as a potential catalyst for increased trade relationships, and explores how the benefits from linkin

The Briefing 'Trends and drivers in greenhouse gas emissions in the EU in 2016', shows that the emission decrease in 2016 was mainly due to using less coal to produce heat and electricity. Greenhouse gas emissions from road transport increased for the third year in a row.

The State and Trends of Carbon Pricing series reflects on the growing momentum for carbon pricing worldwide. It targets the wide audience of public and private stakeholders engaged in carbon pricing design and implementation.