by 2050, though China and Ukraine are aiming for 2060 and 2070, respectively, while a handful of European nations are targeting earlier dates. Of the 29 countries that have adopted net-zero targets, 22 already have carbon prices in place. While some countries have already begun to articulate the role that carbon pricing will play in achieving their net-zero commitments, much more work is needed to clarify the nature and scope of these commitments and how they will be achieved.
CUMULATIVE CREDIT ISSUANCE OF CREDITS (2019-2020)
Source: EQiSearch
CREDIT ISSUANCE AND NUMBER OF PROJECTS REGISTERED BY A MECHANISM
Source: EQiSearch
26
EQ
APRIL 2022
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