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Linking of EU and Swiss Emissions Trading Systems

Summary

The European Parliament has approved an agreement to link the EU and Swiss greenhouse gas emissions trading systems, allowing for cross-border trading of emission units.
10 16.02.2018
Other
economy
environment
international relations

Key points

  • Approval of the agreement to link the carbon markets of the EU and Switzerland.
  • Expansion of the market for emission allowances through cross-border trading.
  • Increased cost-effectiveness in meeting climate targets due to higher market flexibility.
  • The Swiss system is confirmed to meet the necessary requirements for compatibility with the EU system.
Documents (PDFs)
RECOMMENDATION on the draft Council decision on the conclusion of the Agreement between the European Union and the Swiss Confederation on the linking of their greenhouse gas emissions trading systems EU-Switzerland agreement on the linking of their greenhouse gas emissions trading systems***
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