The European Union must “make its Emissions Trading System (ETS) much more effective” if the bloc is to achieve ambitious climate targets set-out in the Paris Agreement last December, according to Sharon Dijksma, Minister for the Environment, Government of the Netherlands.

In a Climate TV interview filmed at the Business & Climate Summit, convened by The Climate Group in London in June, the Dutch minister says that “bringing on a real price on carbon is the actual game-changer we need […]. It has a real low price at the moment, and we should bring it up.”

Sharon Dijksma was one of the political leaders behind the historic climate agreement reached at the COP21 summit last year, when 195 countries agreed to reach net-zero emissions before the end of the century and to keep the rise in average global temperatures “well below” the 2 degrees Celsius threshold, which experts say is needed to avoid the most severe impacts of climate change.

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