Climate change has been recognized as one of the biggest challenges facing countries, businesses and citizens. The global community is increasingly recognizing the need for climate action. In response to this challenge, international, national and local initiatives are being developed and implemented to limit greenhouse gas (GHG) concentrations in the Earth's atmosphere.
The EU ETS is the cornerstone of EU policy to combat climate change and the key tool for cost-effectively reducing greenhouse gas emissions. It is the first major coal market in the world and remains the largest.




