ICAP meaning in International ?

Answer: What is International Carbon Action Partnership mean?

The International Carbon Action Partnership (ICAP) was founded in 2007 by more than 15 government representatives as an international cooperative forum, bringing together states and sub-national jurisdictions that have implemented or are planning to implement emissions trading systems (ETS). Then governor of California, Arnold Schwarzenegger, stated at ICAP's founding ceremony:

"This first of its kind partnership will provide more incentives for clean-tech investment and economic growth while not letting polluters off the hook. And it will help renew the health of our planet."

José Sócrates, the Portuguese prime minister further added that ICAP was launched in order to join carbon markets all over the world and by that be more successful in combating climate change. ICAP includes members from the European Union Emission Trading Scheme (EU ETS), Western Climate Initiative (WCI), Regional Greenhouse Gas Initiative (RGGI), Australia, New Zealand, Norway, and the Tokyo Metropolitan Government. Japan and Ukraine are observers. Member jurisdictions share best practices and discuss ETS design elements with a view to creating a well-functioning global carbon market. The rationale behind ICAP’s work is that linking carbon cap and trade systems would lead to economic, social and environmental benefits.

reference

Full Form	Category
Individual Career and Academic Planning	Academic & Science
Iowa College Americorps Program	Academic & Science
IEEE Conformity Assessment Program	Academic & Science
Illinois Climate Action Plan	Academic & Science
Individualized Community Academic Program	Academic & Science
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Interlocal Community Action Program	Community
Illinois Computer Affiliates Program	Computing
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InvictusCapital.com Token	Cryptocurrency
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Identification Classification And Astrophysical Parametrization	General
Interagency Committee For Aviation Policy	General
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Illinois Coalition Of Appraisal Professionals	General
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International Carbon Action Partnership	International
International Center for Assault Prevention	International
International Christian Alliance on Prostitution	International
International Compliance Assurance Programme	International
International Cooperative for Aerosol Prediction	International
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