Dominican Republic Advances Design of Pilot Emissions Trading System

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UN Climate Change News, 3 July 2025 – As part of broader efforts to strengthen ambitious climate action in Latin America and the Caribbean, the Dominican Republic has made significant progress on the technical design of a pilot Emissions Trading System (ETS), with support from UN Climate Change’s Regional Collaboration Centre (RCC) Caribbean.

This milestone positions the country as a regional leader in developing carbon pricing instruments aligned with the goals of the Paris Agreement.

The technical design report is part of the Collaborative Instruments for Ambitious Climate Action (CiACA) initiative, led by UN Climate Change and funded by the Government of Germany. CiACA supports countries in adopting carbon pricing instruments such as emissions trading systems to achieve their Nationally Determined Contributions (NDCs) and transition toward low-carbon economies.

Download the full report here (Spanish language only).
See the briefing note and brochure for more information (Spanish language only).