GEMET
General
Multilingual
Environmental
Thesaurus
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

Themes:
Other relations
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.

Concept URL: http://www.eionet.europa.eu/gemet/concept/15149