Paris, 10 December - CMIA and IETA are delighted to announce that they have awarded today's COP 21 Carbon Pricing Champion - along with Mary Nichols and the state of California, as we announced yesterday - to the German Government for the leadership they have provided in Europe on carbon pricing over the last decade.
The award to Mary Nichols and the state of California will be presented at the IETA/WBCSD Pavilion at 4.00 pm CET. Today’s award to the German Government will also be presented at the IETA WBCSD Pavilion at 5.00 pm CET.
Since the establishment of the EU Emissions Trading System (ETS) in 2005, German political leaders and officials have consistently been at the forefront of the debate on how to make the ETS a more powerful and effective policy instrument for reducing greenhouse gas emissions and driving decarbonisation across Europe.
In 2013/2014, when policymakers and the EU institutions were struggling to put the ETS back on its feet, after recession and the price for carbon had plummeted, the German Government led the arguments for strong and urgent action to address with the over-supply and structural problems of the ETS, and to give it a more stable platform for the longer-term. Just last week, Chancellor Merkel was one of the heads of government prominently involved with the launch of the Carbon Pricing Leadership Coalition, one of the most exciting initiatives that has been announced at this COP. In addition, Germany launched the G7 carbon market platform yesterday.
For all the effort and political capital which the German Government has invested in carbon pricing for several years, they are worthy recipients of this award."