Concept information
Preferred term
emissions trading scheme
Definition
- key policy tool to ensure that Europe and other countries reach their greenhouse reduction targets, with the least cost, by changing pricing systems, essential for triggering the resource‑efficient green economy transformation process with the EU Emissions Trading Scheme(EU ETS) as the pillar of the future global carbon market
Broader concept
Scope note
- Improved definition (EN only): key policy tool to ensure that countries reach their greenhouse reduction targets and emissions are cut where it costs least to do so.
Belongs to group
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In other languages
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Bulgarian
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Croatian
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Danish
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Dutch
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Estonian
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Hungarian
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Latvian
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Portuguese
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Romanian
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Slovak
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Slovenian
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Spanish
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Swedish
URI
http://www.eionet.europa.eu/gemet/concept/15149
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