The EU Emissions Trading System (EU ETS) has evolved since its launch in 2005, starting as a pilot expanding its scope and stringency over four phases. It now includes more sectors, like aviation and maritime, and implements stricter emissions caps and auctioning.

With the introduction of the Market Stability Reserve (MSR), the EU ETS aims to reduce emissions by 55% by 2030, driving significant progress in the fight against climate change.


2024
Inclusion of the maritime sector in the EU ETS.


2021
Start of the fourth trading phase, extending until 2030.


2021
Inclusion of aviation activities in the EU ETS.


2005
EU ETS launched as the world’s first major carbon market.