Publication

This report focuses on the purposes and potential outcomes of the EU Emissions Trading Scheme (ETS), and its prospects for improving the cost-effectiveness of mitigation actions by expanding its scope to new sectors. The report addresses carbon finance along with technology deployment and innovation as possible achievements that may be expected from the ETS, but does not look into each area further. The linking of the EU ETS to planned cap-and-trade schemes in other industrialised and developing countries is outside the scope of this report.