Over the period of 2021-2030, the EU, Iceland and Norway will intensify their cooperation on climate change, under a political agreement reached on Friday 25 October by the European Economic Area (EEA) Joint Committee.
Iceland and Norway have already been participating in the EU's Emissions Trading Scheme (ETS) since 2008. Both countries are now moving towards aligning their actions with those of the EU on reducing CO2 emissions in non-ETS sectors (agriculture, transport, buildings, waste...