Joint letter calling for safeguarding the proper functioning of the EU ETS
Brussels, 21 September 2022– The European Banking Federation (EBF) co-signed a joint industry letter to the Czech Presidency of the Council of the European Union, the European Commission, and the European Parliament, calling for the proper functioning of the EU Emissions Trading System (EU ETS) to be safeguarded.
In this regard, the EBF and seven other associations argue that interventions such as restricting market access to compliance entities would impair the efficient functioning of the EU ETS and risk jeopardizing Europe’s decarbonization efforts. The letter urges co-legislators not to impose such harmful restrictions.
For more information:
Jacopo Borgognone , Policy Adviser – Financing Growth, email@example.com
About the EBF:
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere.