Report on the legal implementation of the EU ETS at Member State level: Deliverable D2.4 ENTRACTE – Economic iNsTRuments to Achieve Climate Targets in Europe (EU/FP7)

Jonathan Verschuuren; F.M. Fleurke

Report on the legal implementation of the EU ETS at Member State level: Deliverable D2.4 ENTRACTE – Economic iNsTRuments to Achieve Climate Targets in Europe (EU/FP7)

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Abstract

The integrity of the European Union Emission Trading Scheme (EU ETS) relies upon consistent and uniform implementation and enforcement across all 31 participating states. The compliance cycle of the ETS - consisting of compliance assistance, inspection and enforcement - is a continuous dynamic, complex process. Although harmonisation of monitoring, verification and reporting (MRV) has improved, the functioning of the ETS compliance practice in the different Member States varies greatly. This is due to differences in underlying principles of enforcement strategies, institutional settings and in funding. While compliance rates are currently high, efforts should be afforded to ensuring more harmonized practice with a view to likely future price increases of allowances.

Original language	English
Place of Publication	Tilburg
Publisher	TSC
Commissioning body	European Commission
Number of pages	90
Publication status	Published - Sep 2014

Keywords

Climate change
emission allowances
Compliance management

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ENTRACTE_Deliverable_TSC_SEPT2014FINAL-1Final published version, 0.98 MB

http://entracte-project.eu/research/report-legal-studies/

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abstract = "The integrity of the European Union Emission Trading Scheme (EU ETS) relies upon consistent and uniform implementation and enforcement across all 31 participating states. The compliance cycle of the ETS - consisting of compliance assistance, inspection and enforcement - is a continuous dynamic, complex process. Although harmonisation of monitoring, verification and reporting (MRV) has improved, the functioning of the ETS compliance practice in the different Member States varies greatly. This is due to differences in underlying principles of enforcement strategies, institutional settings and in funding. While compliance rates are currently high, efforts should be afforded to ensuring more harmonized practice with a view to likely future price increases of allowances.",

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Report on the legal implementation of the EU ETS at Member State level: Deliverable D2.4 ENTRACTE – Economic iNsTRuments to Achieve Climate Targets in Europe (EU/FP7)

Abstract

Keywords

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