This was the launch event of the 2022 State of the EU ETS Report. During this event, the report was presented by the authors and discussed by commentators. This was the seventh annual report on the State of the EU ETS. The 2021 edition is available through this link.

The European Commission is required to annually assess, according to the EU ETS Directive, the functioning of the EU ETS and report back to the EU Parliament and Council. On 26 October 2021, the European Commission released its annual “Report on the functioning of the European carbon market”.

The annual “State of the EU ETS” Report aims to provide such an independent contribution to the policy debate, which is needed to ensure that the EU ETS is “fit for purpose”. The Report is intended as a “snapshot”, providing policymakers and stakeholders with an overview of how the EU ETS is doing by April of each year, based on previous year data.

This event covered the 2022 Report. This edition reflected on the track record of the ETS in Phase III and first year of Phase IV, ahead of the upcoming negotiation process, its expected impact on the EU ETS, and the role the ETS is expected to play in the longer term.

 Agenda    ERCST Slides    ERCST Publication