Learn more about the basics of the EU ETS and its functioning.
What countries, sectors and gases does the EU ETS cover?
A new, separate emissions trading system to advance emission reductions in more sectors.
Supporting the most vulnerable to ensure a just, green transition.
Improving our resilience to major shocks.
Limiting emissions year after year.
Putting into practice the ‘polluter pays’ principle.
Financial instruments that represent a tonne of CO₂ removed or reduced from the atmosphere.
Mitigating the risk of carbon leakage.
Ensuring transparency and accuracy.
Keeping track of ownership of allowances.
Preventing market abuse and misconduct.
Emissions trading systems around the world.
Set up in 2005, the EU ETS is the world’s first international emissions trading system. It is now in its fourth phase (2021-2030).
Supporting partner countries to develop effective carbon pricing policies and robust approaches to international carbon markets.