ECOS | Environmental Coalition on Standards

07 November 2022

Time to agree on an EU Emissions Trading System and a Carbon Border Adjustment Mechanism that work for the climate and support industrial transformation

ECOS and other 21 NGOs and industry frontrunners call on the EU Emissions Trading System trialogue to agree on an EU Emissions Trading System (ETS) and a Carbon Border Adjustment Mechanism (CBAM) that work for the climate and support industrial transformation.

A strong reform of the EU Emissions Trading System (ETS) and a well-designed Carbon Border Adjustment Mechanism (CBAM) can truly help slash emissions from the goods we produce and import, create a level-playing field for Europe’s low-carbon manufacturers and stimulate the demand and supply of clean industrial products. 

As the negotiations to finalise the reform of the EU ETS and the implementation of CBAM continue, we reach out to the negotiators as a broad coalition of civil society organisations and clean industry frontrunners active in the EU. We urge you to ensure that the following elements are included in the final legislation:

  • Free ETS allowances are phased out as soon as possible.
  • Better and timebound targeting of free ETS allowances.

ECOS is co-funded by the European Commission and EFTA Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or EISMEA. Neither the European Union nor the granting authority can be held responsible for them.

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