The EU and ASEAN joined forces at a high-level side event in Langkawi to boost cooperation on carbon pricing and markets. Leaders highlighted carbon pricing as a fair, effective tool to cut emissions, drive innovation and support a just transition ahead of COP30.
emission trading
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On 28 August 2025, the Commission launched a call for evidence to gather stakeholder opinions on rules for calculating emissions in CBAM goods, adjusting CBAM certificates to reflect EU ETS free allocation, and deducting carbon prices paid in third countries.
Denmark and Luxembourg have revised their use of ETS flexibility under the Effort Sharing Regulation and will not cancel any ETS allowances between 2026 and 2030. The Commission has updated Implementing Decision (EU) 2020/2126 to reflect these changes.
The European Commission has launched the procurement process for the fourth common auction platform under the EU ETS. The platform will auction ETS1 and ETS2 allowances on behalf of Member States and EEA-EFTA countries, as well as allowances for key EU climate funds.
Today, the European Commission and the European Investment Bank announced that €3.66 billion have been disbursed from the Modernisation Fund to support 34 energy related projects in 9 EU Member States.
The European Commission has announced plans to introduce a new measure to address the risk of carbon leakage for EU-produced goods produced in CBAM sectors.
The Commission announced in its European Steel and Metals Action Plan an initiative that aims at extending the carbon border adjustment mechanism (CBAM) scope to some downstream products to reduce the risk of carbon leakage.
The European Commission welcomes the provisional political agreement reached between the European Parliament and the Council today on the Commission proposal to simplify and strengthen the EU’s carbon border adjustment mechanism (CBAM).
The EU adopts new rules aligning aviation emissions monitoring with CORSIA, ensuring EEA-based operators offset international flight emissions for 2021–2026. The act supports sustainable aviation and reinforces the EU’s climate commitments under the revised ETS Directive.
The European Commission has unveiled the 2025 rules for calculating the price gap between kerosene and sustainable aviation fuels, key to boosting clean fuel use in aviation.
