Quota market — latest ecology news

Brazil launches carbon market
Brazil launches carbon market

Its full implementation will consist of 5 phases

The European Commission has decided on the number of allowances under the ETS2 for 2027
The European Commission has decided on the number of allowances under the ETS2 for 2027

Their volume will contribute to the achievement of the EU climate goals for 2030

Ukraine is preparing to launch an ETS in 2028: what is known
Ukraine is preparing to launch an ETS in 2028: what is known

Its functioning is envisaged among Ukraine's commitments in the field of European integration

The EU has calculated how effective its carbon market was in 2023-2024
The EU has calculated how effective its carbon market was in 2023-2024

Revenues from EU ETS in 2023 reached €43.6 billion

COP29 approves new rules to create a global carbon market
COP29 approves new rules to create a global carbon market

It was a key step towards allowing countries to trade emissions allowances to meet their climate goals

The Ecocommittee supported the resumption of greenhouse gas monitoring and reporting
The Ecocommittee supported the resumption of greenhouse gas monitoring and reporting

This is necessary for the creation of a system of trading quotas for them in Ukraine

Why climate law No. 11310 is important for Ukraine
Why climate law No. 11310 is important for Ukraine

He also raised the issue of ETS and CBAM

The European Commission has published the CBAM implementation project with requirements for declarants
The European Commission has published the CBAM implementation project with requirements for declarants

Stakeholders can submit their feedback and comments on it until November 27

By 2027, prices for carbon quotas will almost double – analysts
By 2027, prices for carbon quotas will almost double – analysts

Experts predict that the energy sector will hand over the top spot to industry in terms of carbon emissions

UK wants to avoid CBAM
UK wants to avoid CBAM

According to stakeholders, this mechanism threatens the kingdom's climate policy

Azerbaijan to introduce its own system of carbon quotas
Azerbaijan to introduce its own system of carbon quotas

The country is considering different pricing models