40-45%of all GHG emissions covered under the EU's carbon market
Climate instruments
Climate tools are the collection of measures and agreements that can be applied across transport sectors to support actors to achieve rapid and deep decarbonisation.
What are climate instruments?
Tools like the Paris Agreement, which commits its signatories to holding the increase in the global average temperature to well below 2°C above pre-industrial levels, help to guide European policy. But achieving it requires concrete measures.
A measure like the Emissions Trading System puts a price on emissions for aviation and shipping to ensure the polluter pays, while other measures such as fuel pricing and road taxes incentivise the shift to zero-emissions vehicles.
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