Quota market — latest ecology news
According to analysts, the import carbon adjustment mechanism has already demonstrated its enormous potential to stimulate the global expansion of carbon pricing
On July 2, EU Climate Commissioner Koukka Hoekstra is expected to announce the bloc's 2040 climate goal, which will allow the use of the following credits
This helps to avoid a structural excess of quotas and encourages companies to invest in clean technologies
This is a key step in post-Brexit climate cooperation
CBAM is increasingly becoming a financial rather than a climate instrument
Work on 4 of the 10 recommendations of the EU officials in the field of environmental protection is to be completed this month
According to analysts, the impact of the carbon import adjustment mechanism on them is still limited
But you will also have to pay for goods imported in 2026
The value of the free quotas provided is in the tens of billions of euros
It was previously planned that the system would start operating in 2024
This was one of the requirements of the Ukraine Facility Plan
It will be implemented with the support of the World Bank