Germany, Mexico, some US states and others pledge more cooperation on carbon trading
The governments of Germany, Mexico, South Korea, California and several other countries and sub-national entities have pledged to intensify their cooperation on developing international carbon emissions trading, the (ICAP) has said in a press release. In a joint statement, the governing bodies send 鈥渁 clear signal that cities, states and provinces around the world are ready and able to work with national governments to provide climate leadership,鈥� the press release says. German environment minister Barbara Hendricks said with a reform of global Emissions Trading Systems (ETS), 鈥渃arbon pricing looks set to fulfil its promise in cost-efficiently delivering ambitious emissions cuts for the post-Paris era.鈥�
Find the joint statement in English .
See the 威力彩玩法 factsheet Understanding the EU鈥檚 ETS for background.