EU ETS 2

The Emission Trading System 2 (ETS 2) is a new emissions trading system designed to help EU member states (MS) meet their targets under the Effort Sharing Regulation (ESR), which sets annual limits for greenhouse gas (GHG) emissions not covered by ETS 1. The ETS 2 aims to reduce emissions by 43% by 2030 compared with 2005 levels. This target is aligned with the broader EU commitment to reduce total emissions by at least 55% across the economy by 2030. The system imposes detailed obligations on companies, requiring strategic planning and compliance with strict monitoring, reporting and verification.

The deadline for transposing the provisions related to ETS 2 for road transport is June 30, 2024. This ensures that MS adopt the necessary legislative and regulatory frameworks in time f