ETS

With its vote on the reform of the EU’s polluter-pays scheme today, the European Parliament’s Environment Committee has failed to introduce effective rules for the support of poor countries in adapting to climate change.

Oxfam welcomes the fast-track ratification of the Paris climate agreement by the EU. Now, EU governments have to show their practical commitment to protect people and the planet from global warming.

The European Commission today published – as part of its “summer package” – a legislative proposal to reform the EU Emissions Trading Scheme (ETS). The Commission has failed to use this key opportunity to help address a key stumbling block in the climate negotiations: the provision of predictable and additional climate finance.  

Oxfam welcomed today’s vote by the European Parliament in favor of emergency measures to save the ailing European Emissions Trading System (ETS) and boost the EU carbon price to help curb CO2 emiss

Today the European Parliament's Environment Committee voted for a compromise deal on a European Commission proposal to reverse a decline in the price of carbon on the