IETA is dedicated to:

  • the objectives of the United Nations Framework Convention on Climate Change and ultimately climate protection;
  • the establishment of effective market-based trading systems for greenhouse gas (GHG) emissions by businesses that are demonstrably fair, open, efficient, accountable and consistent across national boundaries; and
  • maintaining societal equity and environmental integrity while establishing these systems.

Goals and Objectives 

IETA works for:

  • the development of an active, global GHG emissions market, consistent across national boundaries and involving any future international market mechanisms;
  • the creation of systems and instruments that will ensure effective business participation.

To be the premier voice for the business community on emissions trading, the objectives for the organisation are to:

  • promote an integrated view of the emissions trading system as a solution to climate change;
  • participate in the design and implementation of national and international rules and guidelines; and
  • provide the most up-to-date and credible source of information on emissions trading and GHG market activity.

 To achieve its goals, IETA focuses on the following areas:

  • Develop components of the GHG market and trading systems
IETA has established a number of Working Groups that meet in workshops and seminars on topics that include the EU ETS, China, the US, International policy, Canada and voluntary markets, among others.  IETA continues to map down initiatives that work in developing components of GHG markets to help create a functioning market.
  • Promote market mechanisms and participation in GHG markets
There continues to be the need for promoting market mechanisms and trading as one of the solutions available to businesses in order to minimise societal impact, within the framework of sustainable development.  This includes substantial efforts, such as the Business Partnership for Market Readiness, the annual IETA workshop on GHG markets, and various events throughout the year
  • Development of a global GHG market
A critical element in IETA's work remains the linking of trading systems, and the significance of linkages for the GHG market. Another important issue is that of responses of business when operating in such a diverse environment. Cooperation with WBCSD, WEF and other organisations that have complementary roles is important to IETA’s work.
  • Capacity Building
Through the Business Partnership for Market Readiness, IETA brings together experienced carbon market practitioners and businesses in emerging economies to share lessons learned and knowledge.

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