In a Nutshell What is the EU ETS? The EU Emissions Trading System (EU ETS) is a market-based approach for setting a price for carbon dioxide (CO2) emissions. It works on a ‘cap and trade’ basis whereby a ‘cap’, or limit, is set on the total greenhouse gas (GHG)...
In a Nutshell The Nature Restoration Law sets legally binding targets for nature restoration in Europe. The aim is to mitigate biodiversity loss, ecosystem degradation and climate change, and to boost human and animal health by complementing the EU’s existing...
In a Nutshell The OSPAR Convention, which replaced the Oslo and Paris Conventions when it was adopted in 1992, establishes a legal framework for safeguarding the marine environment against sea-/land-based pollution in the European North-East Atlantic Area. The...
In June 2025, the file has been paused and should therefore be considered as inactive. In a Nutshell The Directive for the Substantiation of Explicit Environmental Claims (Green Claims Directive) is a legislative proposal that aims to address and reduce greenwashing...
In a Nutshell The Just Transition Mechanism is the European Union’s main tool to ensure that the transition to a climate-neutral economy happens in a fair and just way. Through its three pillars, it aims to mobilise an estimated EUR 55 billion over 2021-2027 to...