European ministers sign statement to strengthen and extend carbon pricing in Europe

European ministers sign statement to strengthen and extend carbon pricing in Europe

At COP24, nine European Ministers signed a statement to strengthen and extend carbon pricing in Europe. The signees affirmed that carbon pricing is critical to send an economic signal towards low-carbon development and, to meet the goals of the Paris Agreement, that greater carbon pricing ambition is required. The countries agreed that supporting policies play a role in facilitating effective carbon pricing, ensuring a just transition, and creating “high-value jobs in low-carbon sectors”. The statement emphasizes that European cooperation could facilitate more effective carbon pricing.

The final paragraph reads: “In order to accelerate the pace of the low-carbon transition, the signatories commit to work together to support the uptake of a set of broader and more ambitious carbon pricing measures, while realising the benefits of increased cooperation and taking into account the role of supporting policies and measures.”


Lars Chr. Lilleholt, Minister for Energy, Utilities and Climate of Denmark

Brune Poirson, Secretary of State to the Minister of Ecological and Solidary Transition of France

Kimmo Tiilikainen, Minister of the Environment, Energy and Housing of Finland

Richard Bruton, Minister for Communications, Climate Action and Environment of Ireland

Minister Sergio Costa, Minister for the Environment, Land and Sea of Italy

Eric Wiebes, Minister of Economic Affairs and Climate Policy of the Netherlands

Mr. João Pedro Matos Fernandes, Minister of Environment and Energy Transition of Portugal

Isabella Lövin, Minister for International Development Cooperation and Climate and Deputy Prime Minister of Sweden

The Rt Hon Claire Perry MP Minister of State for Energy and Clean Growth, United Kingdom