Speech by Commissioner Arias Cañete at the International Carbon Markets Conference
Dear Patricia, Dear Michal, Dear Minister Masagos, Distinguished Guests, Ladies and Gentlemen, I am delighted to welcome you here to Brussels, and to see that we have assembled such an impressive group of experts for this conference. I hope the discussion you have had this morning have been fruitful and productive.
I do not have to explain to you the importance – or urgency – of climate action. Today our topic of choice is international carbon markets.
With ongoing discussions at the United Nations, and in ICAO, it is no surprise that international carbon markets are the subject of particular attention.
I hope that the meeting today can broaden our understanding of what is at stake, and point the way in terms of finding solutions.
As many of you will be aware, these buildings are no strangers to debate on carbon markets.
It is here that we have over the last nearly 20 years, been discussing, implementing, and improving our European carbon market - our flagship Emissions Trading System.
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