China is the largest operational emissions trading market in the world. The country's ETS, which was introduced in July 2021, covers around five billion metric tons of carbon dioxide equivalent (GtCO₂e). As of 2024, the European Union ETS covered around 1.4 GtCO₂e.
Emissions covered by selected emissions trading systems (ETS) worldwide as of 2024
(in million metric tons of carbon dioxide equivalent)
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International Carbon Action Partnership. (April 18, 2024). Emissions covered by selected emissions trading systems (ETS) worldwide as of 2024 (in million metric tons of carbon dioxide equivalent) [Graph]. In Statista. Retrieved January 24, 2025, from https://www.statista.com/statistics/1315109/largest-ets-markets-by-coverage/?__sso_cookie_checker=failed
International Carbon Action Partnership. "Emissions covered by selected emissions trading systems (ETS) worldwide as of 2024 (in million metric tons of carbon dioxide equivalent) ." Chart. April 18, 2024. Statista. Accessed January 24, 2025. https://www.statista.com/statistics/1315109/largest-ets-markets-by-coverage/?__sso_cookie_checker=failed
International Carbon Action Partnership. (2024). Emissions covered by selected emissions trading systems (ETS) worldwide as of 2024 (in million metric tons of carbon dioxide equivalent) . Statista. Statista Inc.. Accessed: January 24, 2025. https://www.statista.com/statistics/1315109/largest-ets-markets-by-coverage/?__sso_cookie_checker=failed
International Carbon Action Partnership. "Emissions Covered by Selected Emissions Trading Systems (Ets) Worldwide as of 2024 (in Million Metric Tons of Carbon Dioxide Equivalent) ." Statista, Statista Inc., 18 Apr 2024, https://www.statista.com/statistics/1315109/largest-ets-markets-by-coverage/?__sso_cookie_checker=failed
International Carbon Action Partnership, Emissions covered by selected emissions trading systems (ETS) worldwide as of 2024 (in million metric tons of carbon dioxide equivalent) Statista, https://www.statista.com/statistics/1315109/largest-ets-markets-by-coverage/?__sso_cookie_checker=failed (last visited January 24, 2025)
Emissions covered by selected emissions trading systems (ETS) worldwide as of 2024 (in million metric tons of carbon dioxide equivalent) [Graph], International Carbon Action Partnership, April 18, 2024. [Online]. Available: https://www.statista.com/statistics/1315109/largest-ets-markets-by-coverage/?__sso_cookie_checker=failed