Carbon Markets Background
OPEN COALITION ON COMPLIANCE CARBON MARKETS

An international partnership towards effective decarbonisation of the world economy

A concrete step towards shared climate ambitions in an open coalition for all countries willing to implement compliance carbon pricing and carbon markets.

Where ambition meets action

The voluntary and collaborative initiative brings countries and jurisdictions together around a shared goal: accelerating global decarbonization through carbon markets. By promoting interoperability between national carbon markets and their methodologies, the Coalition puts a price on pollution and turns ecological transformation into an opportunity for development, based on transparent, high-integrity and inclusive criteria. A new economy. A new future — sustainable and fair.

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Our Vision

Advancing climate ambition and driving equitable sustainable development through carbon pricing and carbon markets.

Open Coalition Representatives at EUI Event

The Open Coalition represents a historic step for global climate action, bringing countries and jurisdictions together to accelerate the decarbonization of their economies through international cooperation, joint support, technical exchange and political ambition.

We are laying the foundations for effective carbon pricing to accelerate worldwide, turning decarbonization into a driver of investment, innovation, sustainable development and a better quality of life. Fewer barriers, more alliance and shared pathways to a global decarbonised economy.

By bringing governments, observers and partners together around carbon markets that are integrity-driven, the Open Coalition turns a decisive moment in the climate agenda into concrete action, by building a joint understanding of approaches and advancing long-term interoperability for compliance carbon markets.

+0
Carbon Pricing Instruments implemented
CPIs WORLDWIDE
0
countries and jurisdictions currently
COALITION MEMBERS
0.0%
of global total
GLOBAL EMISSIONS COVERED
BY COALITION
$0.0
trillion USD of the global economy
COALITION MEMBERS' GDP
About The Open Background
About The Open Coalition

Cooperation for stronger compliance carbon markets.

Open Coalition Meeting Discussion
Wind Energy Family Sunset
Compliance Carbon Specialist

The Open Coalition on Compliance Carbon Markets was initiated under Brazil's leadership during its COP30 Presidency and formally launched on 26 May 2026 in Florence, as a collaborative initiative supported by its founding partners. The Coalition is chaired by Brazil and co-chaired by the European Union and China.

Membership & Global Partners

Who we are

An open, member-led coalition connecting political ambition with practical technical exchange.

The Open Coalition brings together countries operating or establishing compliance carbon markets, including compliance based emissions trading systems and carbon taxes.

The Open Coalition invites collaboration with observers from relevant countries and jurisdictions, partner organisations and initiatives to expand knowledge and experience.

Members

Brazil Flag
BrazilChair
China Flag
ChinaCo-Chair
European Union Flag
European UnionCo-Chair
Canada Flag
Canada
France Flag
France
Germany Flag
Germany
New Zealand Flag
New Zealand
Norway Flag
Norway
Singapore Flag
Singapore
Türkiye Flag
Türkiye
United Kingdom Flag
United Kingdom

Observers

Monaco Logo
Monaco
Zimbabwe Logo
Zimbabwe
Brazilian Business Council for Sustainable Development Logo
Brazilian Business Council for Sustainable Development
Climate Club (The Climate Club, industry decarbonisation - The Climate Club) Logo
Climate Club (The Climate Club, industry decarbonisation - The Climate Club)
Environmental Defense Fund International (EDFI) Logo
Environmental Defense Fund International (EDFI)
European Climate Foundation (ECF) Logo
European Climate Foundation (ECF)
European University Institute (EUI) Logo
European University Institute (EUI)
Global Climate Policy Project (GCPP) Logo
Global Climate Policy Project (GCPP)
Green Climate Fund (GCF) Logo
Green Climate Fund (GCF)
International Climate Action Partnership (ICAP) Logo
International Climate Action Partnership (ICAP)
International Emissions Trading Association (IETA) Logo
International Emissions Trading Association (IETA)
The Coalition to Grow Carbon Markets Logo
The Coalition to Grow Carbon Markets
The Integrity Council for Voluntary Carbon Markets (ICVCM) Logo
The Integrity Council for Voluntary Carbon Markets (ICVCM)
The Sustainable Business COP Logo
The Sustainable Business COP
United Nations Development Programme (UNDP) Logo
United Nations Development Programme (UNDP)
United Nations Environment Programme (UNEP) Logo
United Nations Environment Programme (UNEP)
World Bank Group's Partnership for Market Implementation (PMI) Logo
World Bank Group's Partnership for Market Implementation (PMI)
World Resources Institute (WRI) Logo
World Resources Institute (WRI)
Milestones Background Pattern

Connect with the Open Coalition

Open Coalition Community
Industry & Technology
Infrastructure & Engineering
Science & Research
Global Maritime Trade
Clean Energy & Fuels

Interested in the Open Coalition's work?

Information on membership, observer participation, upcoming meetings and publications will be added as the Open Coalition's arrangements are confirmed.

Would you like to become a member?

Would you like to become an observer?