Intervention · Intervention

Emissions trading scheme

Carbon market mechanism that caps total emissions and allocates tradable allowances, letting regulated entities buy and sell the right to emit within the cap.

Definition source: UNFCCC

Synonyms

ETS, cap and trade, emissions trading system

Broader

Carbon market

Narrower

none

Relations

reduces-emissions Carbon dioxide

Counts as adaptation

Not an adaptation term.

Mitigation

Mitigation-specific

Provenance

Lexicon consensus

Identifier

INT_256 · https://mlolita26.github.io/cgiar-climate-taxonomy/terms/INT_256
(planned permanent identifier: https://w3id.org/cgiar/climate-taxonomy/INT_256)