Alongside the public consultation on the revision of the EU Emissions Trading System, which opens today, April 15, Brussels has also launched two other calls for evidence: one on the evaluation of the Innovation Fund, also open from today, and one on the Modernisation Fund, launched yesterday.
The revision of the EU Emissions Trading System is mandated by the ETS Directive, which was itself revised in 2023 as part of the "Fit for 55" package, to increase environmental ambition and extend the CO2 emissions trading system to new sectors of the economy. More specifically, the ETS2 reform aims to ensure the overall goal of climate neutrality by 2050, considering the need for all sectors to contribute to the EU's climate efforts. In this context, the ETS Directive contains several review clauses related to ETS1 to assess potential system adjustments concerning aviation, maritime transport, and other sectors.
