The following statement was submitted to the Finnish Parliament’s Grand Committee on 16 October 2026 regarding the review of the EU ETS and Finland’s positions on the matter (U 60/2026 vp).
The statement presents Climate Leadership Coalition’s views on the Commission’s proposal, arguing that it would weaken the future steering effect of the ETS and reduce investment across Europe, and especially in Finland. CLC calls for keeping the linear reduction factor at 4.4% until at least 2035, assessing the proposed flexibilities as a whole to avoid a structural oversupply of allowances, and not slowing down the phase-out of free allocation for CBAM sectors. It also calls for ETS revenues to be directed toward clean transition investments.
Read the full paper (in Finnish).