Linking of emissions trading schemes: Agreement ratified by Switzerland and EU
Bern, 9.12.2019 - The Agreement on the linking of the Swiss and EU emissions trading schemes (ETS) has been ratified by the representatives of both parties and will come into force on 1 January 2020. Linking the Swiss ETS with that of the EU will be beneficial for both environmental policy and the economy. From 2020 onwards, companies in the Swiss ETS will be able to trade emission allowances in the larger EU emissions market. In addition, emissions from civil aviation will be included in the Swiss ETS, as is already the case in the EU. The linking of the two schemes marks the first ETS linking between states anywhere in the world.