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policy instrument
EU ETS revision proposal (2026)
Jurisdiction countryEU
Instrument typeprocurement
Authoritygovernment
PathwaysDirect air capture, Bioenergy with carbon capture and storage
Scopecarbon removal only
Statusproposed
DetailEuropean Commission legislative proposal of 17 July 2026 revising the EU ETS (Directive 2003/87/EC, as amended by Directive (EU) 2023/959). It fulfils the Article 30 reporting obligation on negative emissions. Covered companies would not use removal credits directly to meet compliance obligations. Instead, a public authority would purchase permanent removals through a dedicated programme financed
Monetary noteThe proposal provides for auctioning 250 million additional ETS allowances to finance carbon removal purchases, supplemented by revenues from a further 10 million allowances to help bridge removal costs and the ETS allowance price. The proposal does not explicitly require delivery of 250 million tonnes of removals. The separate Innovation Fund figure (around EUR 38 billion from 2020 to 2030 at 75
Stated statusproposed
Stated jurisdictionEuropean Union
Pathway scopespecific
Pathway noteeligibility would initially focus on DACCS and Bio-CCS, with a public authority purchasing those permanent removals
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