EU countries have given the last green flag to the biggest revamp to date of Europe's carbon market. This is set to sharpen the 27-member bloc's tools for cutting down on emissions. EU members agreed to a deal to reform the carbon market to cut the emissions by 62% from 2005 levels by 2030 which is designed to deliver the EU's emissions-cutting targets.

EU green flags biggest revamp of Europe's carbon market | WION Climate Tracker

European Union negotiators reached a political deal on Sunday to overhaul the bloc's carbon market. This has led to impose new CO2 costs on fuels used in road transport and buildings from 2027. Watch further to know more.

WION Climate Tracker: EU strikes deal to boost Carbon Market

The European Union on Sunday announced an agreement for a major reform to overhaul the bloc's carbon market. The historic deal which aims to lower emissions and invest in climate-friendly technologies was unveiled by member states and MPs on Sunday.

European Union agrees upon a major reform to overhaul its carbon market

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