Working Group
Environmental Markets

About

Established in 2010, the Working Group Environmental Markets (WG EM) brings together experts from across Europe to support the development of efficient and reliable environmental markets. The group focuses on strengthening market-based instruments that deliver cost-effective reductions in greenhouse gas emissions and accelerate innovation across the energy system.

WG EM advocates for transparent carbon pricing and robust cap-and-trade mechanisms as key tools for achieving EU climate targets. The group supports the EU Emissions Trading System (EU ETS) as the primary instrument for reducing emissions and also contributes to the development and improvement of certification schemes, such as Guarantees of Origin (GOs) and Proofs of Sustainability.

WG EM is working to align the EU ETS and EU ETS 2 with the EU’s 2030 and 2040 climate targets. The group aims to ensure that the integration of new sectors and reducing cap under EU ETS 2 preserve the system’s overall coherence, cost-effectiveness, and integrity. It also supports the technology neutrality of the EU ETS and actively monitors key developments under the EU Green Deal and Climate Law.

WG EM promotes linking trading schemes and developing a global approach to carbon markets. Additionally, it promotes the enhancement of certification frameworks to improve tradability, enable cross-sector compatibility and provide transparent information to energy consumers. Through technical work and policy engagement, WG EM supports strategic initiatives and the practical implementation of legislation.

Head of Working Group

Ellen De Vocht, Head of EU Representation at EEX, has significant experience in European climate and sustainable finance policy, with a particular focus on carbon markets and the EU ETS. She is also a founding member of the Women in Carbon Brussels Network.

Head of WG EM

Ellen De Vocht

Head of EU Representation at EEX

ellen.de.vocht@eex.com

Latest updates

Consultation Responses
08.07.2025

Review of the EU ETS for Maritime, Aviation and Stationary Installations, and Market Stability Reserve

Press Releases
04.07.2025

The EU ETS Remains the Most Cost-effective Tool to Achieve the 2040 Emissions Reduction Target

Press Releases
30.04.2025

Cross-industry letter – time to strengthen EU-UK cooperation by linking the EU and UK ETS

Press Releases
26.02.2025

Efficient and Liquid Energy Markets Are Key to Achieving the Clean Industrial Deal Objectives

Press Releases
03.02.2025

Europex General Assembly Elects New Leadership for Financial and Environmental Markets Working Groups