The EU’s Emissions Trading System (ETS) is under pressure ahead of the historic 2026 review.

A group of 45 major institutional investors, managing around €11.4 trillion in assets, has urged EU leaders to protect the European Emissions Trading System (ETS). They warn that weakening this carbon market could hurt investor confidence and slow down Europe’s energy transition. This call comes weeks before a key review of the ETS, one of the world’s largest carbon markets. These investors reportedly shared their message ahead of the European Council summit on June 18-19. At the summit, EU leaders will discuss carbon pricing. Signatories include Allianz SE, L&G Asset Management, Nordea Asset Management, Sampension, Erste Asset Management and the Church of England Pensions Council. The Alliance of Net Zero Asset Owners supports this initiative.

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