Perceptions on the capacity of the EU ETS to drive decarbonization 2022-2024
Almost 85 percent of respondents to a market sentiment survey believed that the EU Emissions Trading System (EU ETS) provided signals for decarbonization. The share of respondents who disagreed with this statement has fallen substantially since 2022, when more than 50 percent of stakeholders felt the EU's carbon market could not drive decarbonization. The EU Emissions Trading System is a carbon credit market used to mitigate climate change, and one of the EU's key tools to reduce greenhouse gas emissions.
