Carbon markets have become a vital tool on the road to achieving net zero globally. Traditionally dominated by the private sector, these markets are transforming significantly as governments worldwide recognise their potential. More than two-thirds of countries are now planning to utilise carbon markets to fulfil their Nationally Determined Contributions (NDCs) under the Paris Agreement. This article delves into the countries actively participating in carbon markets, shedding light on their initiatives, digital infrastructure, and the potential impact on carbon emissions.