Countries and schemes with a full data page

• In operation
  Australia — Safeguard Mechanism and Australian carbon credit units (ACCUs)

  Facilities emitting more than 100,000 tCO2e a year are covered: 208 in 2024–25, with 132.8 Mt of covered emissions, or 29.9% of Australia's total.

• In operation
  China — National carbon emissions trading market and CCER

  The national ETS opened on 16 July 2021 and closed its first year at CNY 54.22 per tonne. Allowances closed 2025 at CNY 74.63 and stood at CNY 97.90 at the end of August 2026.

• No mandatory carbon price
  Hong Kong — HKEX Core Climate voluntary carbon marketplace

  Hong Kong has no emissions trading scheme or carbon tax; in 2018 the Government said it was not yet in a position to set up its own carbon trading market, and in March 2022 it backed a voluntary, on-exchange market instead.

• Pilot / preparing
  India — Carbon Credit Trading Scheme and the Indian Carbon Market

  The Carbon Credit Trading Scheme was notified on 28 June 2023. It sets each obligated plant a greenhouse gas emission intensity target in tCO2e per tonne of product, against a 2023-24 baseline, for the compliance years 2025-26 and 2026-27.

• In operation
  Indonesia — IDXCarbon (carbon exchange)

  IDXCarbon launched on 26 September 2023 under an OJK licence; the Indonesia Stock Exchange operates it and OJK supervises it.

• In operation
  Japan — GX-ETS (mandatory emissions trading)

  Japan's mandatory ETS began in FY2026 (April 2026) and covers companies with direct CO2 emissions of 100,000 t or more — about 300–400 companies, nearly 60% of national greenhouse gas emissions.

• In operation
  South Korea — Korea Emissions Trading Scheme (K-ETS)

  Phase 4 (2026–2030) has a cap of 2,537.30 Mt on a linear path, and 2,362.99 Mt was allocated in advance to 772 companies on 29 December 2025: 795.75 Mt to 59 power companies and 1,567.24 Mt to 713 others.

• In operation
  Singapore — Carbon tax and international carbon credit allowance

  The carbon tax is S$45 per tonne CO2e for 2026 and 2027, up from S$25 in 2024–25 and S$5 in 2019–23; the Government aims for S$50–80 by 2030.

• In operation
  Taiwan — Carbon fee under the Climate Change Response Act

  Plants in power, gas supply and manufacturing whose direct plus electricity emissions reach 25,000 tCO2e a year pay NT$300 per tonne; plants with an approved voluntary reduction plan that meet their targets pay NT$50 or NT$100.

• In operation
  Thailand — Carbon price in fuel excise, T-VER credits and the draft Climate Change Act

  Thailand prices carbon at THB 200 per tCO2e inside the excise tax on fuels, under an Excise Department notification issued on 28 March 2025; the carbon part is THB 0.447 per litre of gasoline and THB 0.548 per litre of diesel.

• Pilot / preparing
  Vietnam — Pilot carbon market: emission caps, allocation and the HNX carbon exchange

  The Prime Minister set pilot caps of 243,082,392 tCO2e for 2025 and 268,391,454 tCO2e for 2026, for 34 thermal power plants, 25 steel and 51 cement facilities.

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