CHARTING THE COURSE FOR MARKET-BASED CLIMATE ACTION IN EUROPE – ECS 2025 REPORT-OUT

From April 1–3, IETA’s European Climate Summit brought global stakeholders to Lisbon, Portugal, to reaffirm their commitment to the goals of the Paris Agreement—despite growing geopolitical and economic headwinds. With U.S. tariff announcements making waves across international markets, discussions at ECS 2025 focused on the practicalities of implementing market mechanisms to drive decarbonization across Europe and beyond.

Our new report captures key insights from the event, including:

• The urgent need for clarity and engagement on CBAM ahead of 2026 compliance
• Ongoing uncertainty surrounding the rollout of EU ETS2
• A growing call for governments to define what truly counts as “carbon neutral”

Read the full report here.