Emissions Trading System
EU Clean Industrial Deal envisages EUR 100 billion Industrial Decarbonisation Bank
27 February 2025 - Within the Clean Industrial Deal, the European Commission aims to raise up to EUR 100 billion for the Industrial Decarbonization Bank
EU proposes delays, smaller scope for CBAM, sustainability reporting
26 February 2025 - The EU is preparing measures to save EUR 6.3 billion in administrative costs by streamlining CBAM and sustainability reporting rules
EU to exempt 80% of importers from CBAM carbon tax
07 February 2025 - European Commissioner Wopke Hoekstra vowed to exempt over 80% of companies that are eligible for payments under CBAM
European People’s Party proposes two-year delay for CBAM
22 January 2025 - EPP said the Carbon Border Adjustment Mechanism (CBAM), EU taxonomy and corporate sustainability directives should be paused for two years
EU proposes four carbon pricing options to members of Energy Community
10 January 2025 - The EU outlined its Impact Assessment for the Establishment of a Regional Emission Trading System in the Contracting Parties of the Energy Community Treaty
Energy Community’s EU integration pace steady but CBAM looms
25 December 2024 - Energy Community contracting parties showed a tendency this year toward steady transposition and implementation of European law
COP29 decisions ambitious but insufficient to curb global warming
25 November 2024 - The COP29 summit resulted in a global pledge of USD 300 billion per year for poorer and most vulnerable countries and a global carbon market deal
Greece establishes Islands Decarbonization Fund with EU
22 November 2024 - The Islands Decarbonization Fund was launched in Naxos, with financing from the European Investment Bank
Landmark deal reached at COP29 on global carbon market
12 November 2024 - Countries participating in COP29 reached a consensus on standards for the creation of carbon credits in line with the 2015 Paris Agreement
Dokić: Emission permits are the first step in systemic emissions reduction
12 November 2024 - The monitoring, reporting, and verification system for greenhouse gases will enable the government to plan and implement measures to reduce emissions
Turkey plans 89 GW of new solar, wind power by 2035
26 October 2024 - The Government of Turkey aims to almost quadruple wind and solar power capacity to 120 GW by 2035, according to the new roadmap
Western Balkans can’t secure CBAM exemption for electricity in time
23 October 2024 - For an exemption from the CBAM cross-border CO2 tax on electricity, Balkan countries must couple their markets with an EU neighbor