Member states within the European Union are rallying behind efforts to reform the emissions trading system, according to Wopke Hoekstra, the EU climate commissioner.
Hoekstra, speaking with reporters, highlighted the significant support expressed by member states for this initiative, signaling a unified approach towards environmental sustainability.
The upcoming months will see a proposal aimed at modifying the market stability reserve and market benchmarks, marking a significant step forward in the EU’s climate action strategy.
(With inputs from agencies.)
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