Policy and Regulatory Information

Type of documentMission 1
TopicClimate Neutrality
TitleEU Sets ETS2 Emissions Cap for 2027 to Advance Climate Targets
AuthorsUnknown
PublisherEuropean Commission
Date of publishingDecember 3, 2024
Link
DescriptionThe European Commission has adopted a Decision establishing the EU-wide cap on emissions allowances under the EU Emissions Trading System for buildings, road transport, and small industry (ETS2) for the year 2027. The cap has been set at 1,036,288,784 allowances, marking a pivotal point in the EU’s strategy to cut greenhouse gas emissions and reach its 2030 climate targets.
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