What is the EU ETS?
A ‘cap and trade’ system to reduce emissions via a carbon market.
Market Stability Reserve
Improving our resilience to major shocks.
Revision for phase 4 (2021-2030)
Strengthening the EU ETS for the next decade.
Emissions cap and allowances
Limiting emissions year after year.
Auctioning
Putting into practice the ‘polluter pays’ principle.
Use of international credits
Financial instruments that represent a tonne of CO₂ removed or reduced from the atmosphere.
Free allocation
Auctioning is the default method for allocating emission allowances to companies participating in the EU emissions trading system (EU ETS)...
Monitoring, reporting and verification of EU ETS emissions
Ensuring transparency and accuracy.
Registrul Uniunii
Evidența drepturilor de proprietate asupra certificatelor de emisii.
Ensuring the integrity of the European carbon market
Preventing market abuse and misconduct.
International carbon market
Emissions trading systems around the world.
Development of EU ETS (2005-2020)
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).First stepsThe...