This event discusses the EU’s 2040 target and what that means for the new EU Emissions Trading System for buildings and road transport (ETS2)
Carbon Pricing Hub: The EU ETS and the EU 2040 Climate Target
18 June 2025. 2.30-4.00pm. Online. Register here In early July the European Commission will release its proposal to set a 2040 climate target by amending the European Climate Law. Since the initial proposal of a 90% net emissions reduction by 2040 was proposed on 6...
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

