INTERVIEW: Former top EU climate official pitches MSR as liquidity “buffer” for bloc’s carbon market

Published 10:02 on May 6, 2026 / Last updated at 10:02 on May 6, 2026 / / EMEA (Compliance Markets & Taxes, Europe), Insights (Interviews), International (Paris Article 6/PACM)

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The EU Emissions Trading System’s Market Stability Reserve (MSR) should be turned into an active “buffer” – fuelled by international carbon credits and domestic removal units – that can be mobilised to boost liquidity and temper price spikes in the bloc's carbon market, according to former top climate official Jos Delbeke.
The EU Emissions Trading System’s Market Stability Reserve (MSR) should be turned into an active “buffer” – fuelled by international carbon credits and domestic removal units – that can be mobilised to boost liquidity and temper price spikes in the bloc's carbon market, according to former top climate official Jos Delbeke.


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