The EU Emissions Trading System, which makes companies pay for their COâ‚‚ emissions, has cut emissions in the sectors it covers by about half in twenty years. But in 2025, progress nearly stopped. .Â
EU ETS at a crossroads: trends, challenges and the way forward
The EU Emissions Trading System (EU ETS) has been a cornerstone of Europe’s climate policy since 2005, contributing to a substantial reduction in greenhouse gas emissions. But after two decades of progress, the latest data raise important questions about whether...
02 December 2025 | 14:00-15:30 CET | Online
Background
The autumn has been packed with political developments regarding the upcoming Emission Trading System for road transport and buildings (ETS2). A number of significant changes to the scheme have been suggested following calls from EU member states, including a reform of the ETS2 Market Stability Reserve as well as a one-year postponement.
What are the consequences of these changes to the effectiveness and fairness of carbon pricing for road transport and buildings? And what measures are actually needed to ensure a socially fair and environmentally effective ETS2?
Join us for expert presentations and a timely discussion on these topics between policymakers, market analysts, and representatives from civil society and forward-looking industry. The event also marks the launch of the ETS2 101 guide produced by the LIFE Effect consortium.
Programme
14:00-14:05 | Introduction – Sabine Frank, Executive director at Carbon Market Watch
14:05-14:35 | Presentations
- Emma Wikström, Carbon Market Watch: ETS2 state of play overview and launch of ETS2 101 guide
- Marcus Ferdinand, Veyt: Impact analysis of changes to the ETS2
- Sylvie Ludig, Oeko Institut: Study on support measures, policies and investments in ETS2 sectors
14:35-15:25 | Panel discussion and Q&A – moderated by Sabine Frank, Carbon Market Watch
- Luke Haywood, European Environmental Bureau
- Eva Schwab, FEANSTA
- Jozefien Vanbecelaere, European Heat Pump Association
- Marcus Ferdinand, VeytÂ
- Sylvie Ludig, Oeko Institut
15:25-15:30 | Closing

