“The ETS is finally functioning as a proper climate tool,” said Sam Van den plas, policy director at Carbon Market Watch. “Instead of introducing risky loopholes, we need to strengthen what’s already working.”
The EU’s Emissions Trading System is essential to meeting the European Union’s 2040 climate target. Watering the EU ETS down with international carbon credits or carbon removals will prove fatal, concludes a study commissioned by Carbon Market Watch.
The aim of the seminar was to provide information on the new Emission Trading System – ETS 2, which is expected to be implemented in 2027 and aims at decarbonising the buildings and road transportation sectors.
Signatories believe that to better prepare member states for the implementation of ETS2, early access must be granted to revenue before the system begins in 2027
Discussion on how the EU’s upcoming Emissions Trading System for buildings and road transport (ETS2) can be leveraged to truly benefit society, particularly the communities most affected by its impacts
This event explored the transformative role of the Social Climate Fund (SCF) in addressing energy and transport poverty while enabling a fair transition to a fossil-free future.
