The Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) is responsible for a range of government policies that are reflected in the name of the ministry itself. For over 30 years, the ministry has been working to protect the public from environmental toxins and radiation and to establish an intelligent and efficient use of raw materials, to advance climate action, and to promote a use of natural resources that conserves biodiversity and secures habitats.
Within the German government, the BMU oversees climate policy in general and is responsible for the implementation, oversight and evolution of the European Union Emissions Trading System (EU ETS) in Germany as well as of the new German national ETS for the fuel sector. The BMU also has a strong international commitment to and is actively promoting the dynamic development of ETSs and carbon pricing worldwide. This it does, for example, through funding and supporting the International Carbon Action Partnership (ICAP) and the World Bank’s Partnership for Market Readiness (PMR)/Partnership for Market Implementation (PMI) and by contributing to promoting new forms of cooperation and common strategies for carbon markets through the Carbon Market Platform. Through programmes such as “Capacity building for the establishment of emissions trading systems in emerging economies (CB ETS)” the German government also pursues bilateral measures to advance the spread of knowledge on emissions trading worldwide and to support partner countries in developing national ETS. Furthermore, the BMU also funds bilateral cooperation projects under the International Climate Initiative (IKI) supporting partner countries in implementing their Nationally Determined Contributions (NDCs) and developing economic structures that avoid greenhouse gas emissions.