A Carbon Border Adjustment Mechanism (CBAM) will be implemented for non-EU countries without an equivalent emissions reduction regime. This will see tariffs imposed on goods whose production is carbon intensive and at the most significant risk of carbon leakage: iron, steel, cement, fertilizers, aluminum, and electricity. |
Reforming of the EU Emissions Trading System (EU ETS) by making it more ambitious, including an extension to emissions from maritime transport and the gradual phaseout of free emission allowances for aviation and other sectors. |
From 2027, ETS 2 will see the fuel supply to buildings and road transport included in the ETS. |
Why they’re needed and how they work.
How companies can use these markets to manage and price climate risk.
Using price signals to navigate climate risk.