A coalition of 45 major European investors managing €11.4 trillion in assets has warned European Union leaders that if Europe wants private capital to finance industrial decarbonisation, the bloc's carbon market, the Emissions Trading System (ETS), must remain strong, predictable and central to economic strategy.
The investors made their plea in a letter ahead of EU Council talks on 18 and 19 of June, where leaders will discuss the future of the ETS. A legislative review of the carbon market system is scheduled for 15 July.
