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Climate Action
A panoramic image divided into three sections: the left represents emissions (problem) with an industrial landscape of factories emitting smoke into the sky, the middle depicts carbon markets (solution) with a digital screen displaying financial charts and data, and the right illustrates a more sustainable society (outcome) with two people, one riding a bicycle and the other on an electric scooter, near a waterfront with greenery and buildings in the background.
Carbon markets

Welcome to the European Commission’s page on carbon markets. Here you can discover the EU ETS, the world's first carbon market, and ETS2, the EU's new emissions trading system for buildings, road transport and additional sectors. You can also find out what the EU is doing to promote the global uptake of effective carbon pricing and carbon markets.