Set up in 2005, the EU ETS is the world’s first international emissions trading system. It is now in its fourth phase (2021-2030).

The EU Emissions Trading System (EU ETS) in a nutshell: requires polluters to pay for their greenhouse gas (GHG) emissions; launched in 2005, it is the world’s first carbon market and among the largest ones globally;

The EU ETS applies in all EU Member States, the European Free Trade Association countries (Iceland, Liechtenstein and Norway) as well as Northern Ireland for electricity generation (under the Protocol of Ireland and Northern Ireland).

• This guide provides detailed information about the EU Emissions Trading System (EU ETS), including information about how the system was designed and how it operates. • This document is aimed at those who want to understand the EU ETS.

Set up in 2005, the EU ETS is the world’s first international emissions trading system. It is now in its fourth phase (2021-2030). On 14 July 2021, the European Commission adopted a series of legislative proposals setting out how it intends to achieve climate neutrality in the EU by 2050 , including the intermediate target of an at least 55% ...

So far, emission reductions in those sectors have been insufficient to put the EU on a firm path towards its 2050 climate neutrality goal. The carbon price set by the ETS2 will provide a market incentive for investments in building renovations and low-emissions mobility.

The EU ETS compliance cycle refers to the annual process of monitoring, reporting, and verification (MRV) of greenhouse gas emissions, including associated procedures. For the EU ETS to operate effectively, the MRV process must be …

The European Union launched the EU Emissions Trading System (EU ETS) in 2005 as the cornerstone of its strategy for cutting emissions of carbon dioxide (CO 2 ) and other greenhouse gases at least cost.

List of Administering Authorities for EU ETS Maritime Last update: 21 March 2024 The implementation of the EU Emissions Trading System (ETS) requires the active involvement of administering authorities in respect of a shipping company, which are the authorities responsible for

The Union Registry is an online database that helps guarantee the precise accounting of all allowances issued under the EU Emissions Trading System (EU ETS). The Registry keeps track of the ownership of allowances held in electronic accounts, just as a bank has a record of all its customers and their money.