EU Emissions Trading System (ETS)

Political and economic union of European states; sets climate, energy, trade and external funding policies, including the Global Gateway and hydrogen import strategy.

Responsible for the country's energy policy, environmental protection, regulatory frameworks, and overseeing transitions in energy sources.

Leading academic and research institution in engineering and technology.

Greece

Tradeable certificates purchased by EU importers to offset embedded CO2 emissions in imported covered goods (cement, iron and steel, aluminium, fertilisers, electricity, hydrogen)

Hydrogen is classified as a carbon-intensive good subject to CBAM regulations. Hydrogen exported to the EU must be accompanied by emissions intensity data and triggers CBAM certificate purchase requirements for importers.