Published on
10/06/2026 - 14:50 GMT+2
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.
The European Commission recently laid out a four-year plan to cut the EU's dependence on fossil fuels by revamping electricity grids, increasing storage capacity and boosting clean power deployment. The effort is budgeted to cost roughly €660 billion annually, rising to €695 billion between 2031 and 2040.
