In a Nutshell What is the Governance Regulation? The Governance of the Energy Union and Climate Action Regulation (Governance Regulation) is the EU’s central tool for coordinating climate and energy objectives at Member State level. It establishes a common framework...
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 What is the IAA? The EU Industrial Accelerator Act (IAA) is a proposed Regulation aimed at strengthening the competitiveness and accelerating the decarbonisation of EU manufacturing. It specifically targets energy-intensive industries (EIIs), net-zero...
In a Nutshell What is the EU CRCF? The EU Carbon Removals and Carbon Farming Regulation (CRCF) provides a voluntary regulatory framework for the certification of permanent carbon removals, carbon farming and carbon storage in products. The framework has been developed...
In a Nutshell What is the 2040 Climate Target? The provisional agreement to amend the EU Climate Law establishes a legally binding 2040 climate target of 90% net greenhouse gas (GHG) emission reductions compared to 1990 levels. At least 85% of the target must be met...
