European Commission: Environment Directorate General Slide: 1 Registry systems for the EU emissions trading scheme SBSTA pre-sessionals Bonn, Germany,

Slides:



Advertisements
Similar presentations
European Commission: Environment Directorate General Slide: 1 ECCP Aviation Working Group Mandate and draft work programme Directorate C – Air and Chemicals.
Advertisements

1 European Commission Taxation and Customs Union The Commissions FTT proposal COM(2011)594 of 28 September 2011 Manfred Bergmann Director, TAXUD-C Presentation.
Performance Framework
NATIONAL SYSTEMS UNDER ARTICLE 5 OF THE KYOTO PROTOCOL EC workshop on Quality Control and Quality Assurance of Greenhouse Gas Inventories and the Establishment.
European Commission: Environment Directorate General Slide: 1 Linking the EU Emissions Trading Scheme with JI and CDM Linking the EU Emissions Trading.
1 Toshiaki Nagata UNFCCC secretariat Progress on CDM registry development Inter-sessional consultations on registry systems.
Session 5 :E-PRTR (EU-ETS) QUALITY CONTROL/QUALITY ASSESSMENT Iksan van der Putte.
1 Andrew Howard UNFCCC secretariat International transaction log Roles and functions Intersessional consultations on.
Context In the EU CSR strategy from October 2011 „A renewed EU strategy for Corporate Social Responsibility“, the EU Commission announced to „present.
Paola Lucantoni Financial Market Law and Regulation.
GRETA GREENHOUSE GAS REGISTRY FOR EMISSIONS TRADING ARRANGEMENTS Overview of the UNFCCC registries Workshop on China’s National administration and approval.
1 Andrew Howard UNFCCC secretariat Checks to be performed by the international transaction log Consultations on registry.
Brussels, 12 July 2006 Klaus-Otto JUNGINGER-DITTEL State aid rules and programming of Structural Fund’s programs for
1 The insurance industry and the financial crisis London Insurance Institute London, 17 March 2010 Prof. Karel VAN HULLE Head of Insurance and Pensions.
1 Reform of the EU regulatory framework for electronic communications What it means for Access to Emergency Services Reform of the EU regulatory framework.
1 Andrew Howard UNFCCC secretariat Registry systems and transaction types Consultations on registry systems prior to.
1 Andrew Howard UNFCCC secretariat Cooperation among administrators of registry systems Consultations on registry systems.
1 Andrew Howard UNFCCC secretariat Registry systems and the data exchange standards Intersessional consultations on registry.
Data Exchange Standards for the interaction with the ITL 08 November 2004 Bonn, Germany Peggy Quarles Perrin Quarles Associates, Inc.
Romania’s Reporting Activities under the UNFCCC and Kyoto Protocol Mr. Vlad Trusca Head of Climate Change Unit, UNFCCC National Focal Point Ministry of.
1 Transaction log and the data exchange standards Introduction Pre-sessional consultations on registries 2 June 2003 Bonn, Germany Andrew Howard UNFCCC.
SAEFL Swiss Agency for the Environment, Forests and Landscape National Registry of Switzerland: Status, Options and Outlook UNFCCC Pre-sessional Consultations.
Introduction of technical paper Funding adaptation in developing countries: extending the share of proceeds used to assist in meeting the costs of adaptation;
EU and UK experience: Lessons learned Martin Nesbit Deputy Director, Climate and Energy – Business and Transport UK Department for Environment, Food and.
Joint implementation, eligibility and the Compliance Committee Andrew Howard, Reporting Data and Analysis Cam Carruthers, Legal Affairs Bonn, October 2007.
Light Duty Vehicles and CO 2 The Policy Background Malcolm Fergusson Senior Fellow, IEEP ECCP II Conference CO 2 and Cars Working Group 24 October 2005.
UNFCCC secretariat Session 4 Meeting eligibility requirements First UNFCCC workshop on implementation of Article 6 projects under the Kyoto.
Options and Recommendations Pre-sessional consultations on registries June 2002, Bonn, Germany DEVELOPMENT OF A NATIONAL REGISTRY IN BULGARIA Options.
The Design and Philosophy of the RES Directive Hans van Steen - Head of Unit European Commission, DG TREN D1 European Forum For Renewable Energy Sources.
Possible elements of the technical standards Pre-sessional consultations on registries Bonn, 2-3 June 2002 Andrew Howard UNFCCC secretariat
June SURVEY OF EUROPEAN DIRECTIVES European directives are based on the new approach in order to provide free movement of goods in the single market.
OPTIONS TO USE EXISTING INTERNATIONAL OFFSET PROGRAMS IN A DOMESTIC CONTEXT Case Study: The use of CDM in support of domestic offset schemes Sacramento,
Cooperative Mechanisms UNFCCC secretariat JI under UNFCCC - An overview -
Presentation “Green Investment Schemes – greenhouse gas emissions quotas trading mechanisms in Ukraine according to the Kyoto Protocol to the Convention.
Directorate General for Energy and Transport European Commission Directorate General for Energy and Transport Regulation of electricity markets in the.
1 EUROPEAN COMMISSION CLIMATE CHANGE UNIT Meeting the Challenges of the Climate Change Programme Marianne WENNING European Commission DG ENV.E.1.
Legal developments in the Polish Power Sector Arkadiusz Krasnodębski.
A French view of the shaping of a National Registry for GHG Allowance trading Presentation to The Registries Workshop prior to SBSTA 16 by Philippe Meunier.
Preparation of future ENI CBC programmes - State of Play Vanessa De Bruyn (DG DEVCO) 3 December 2012.
The 4 th Railway Package: Impact for the keepers Clio Liégeois.
Large Industrial Emitters Emissions Trading Natural Resources Canada March 14, 2003.
Directorate General for Energy and Transport Johannes ENZMANN Administrator DG Energy and Transport European Commission GTE 2nd Annual Conference 23 September.
A new impetus for Europe's energy efficiency policy Paul Hodson Head of Unit DG Energy, European Commission 09/10/2012.
1 Automotive industry Reducing Noise Emissions from Motor Vehicles: New EU Commission legislative proposal World Forum on Vehicle Regulations (WP.29) 156.
EU VAT Recent developments - Update - Maryse VOLVERT European Commission.
Enterprise Directorate General European Commission The EU Framework for a Competitive Pharmaceutical Industry for the Benefit of the Patient European.
EU Study development of registries specifications IETA – Bonn SBSTA Laurent Segalen June 2003.
The Committee on Technical Barriers to Trade Good Regulatory Practice Presentation by Mr. Margers Krams Chairman of the TBT Committee.
AB © 2003 Baker & McKenzie IETA, Registries Side Event Legal aspects of a registry Anthony Hobley Senior Associate Baker & McKenzie Global Climate Change.
Policy, normative base and experience of Kyoto Protocol implementation in Bulgaria and other Central European Countries Daniela Stoycheva Consultant emissions.
Introduction to registry systems
Text space for forum aaaaaaaa aaaaaaaa aaaaaaaa aaaaaaaa aaaaaaaa aaaaaaaa aaaaaaaa 19 & 20 May 2008 Parliament House Canberra Governance of an ETS - Gwen.
June 2009 Regulation on pesticide statistics Pierre NADIN ESTAT E1- Farms, agro-environment and rural development
Estonia’s strategies regarding Joint Implementation and Green Investment Scheme Eve Tamme Estonian Environment Information Centre.
European Commission / Taxation and Customs Union June 2009 StockholmInternational Tax Conference1 Tax Aspects of Tradable Emission permits: Commission's.
M O N T E N E G R O Negotiating Team for the Accession of Montenegro to the European Union Working Group for Chapter 31 – Common Foreign and Security Policy.
EUETS Registry EUETS Registry; the UK Experience and Changes for Phase III Lee Oliver Workshop on EU Emission Trading Scheme – Monitoring, Reporting and.
Enterprise Directorate-General
66 items – 70% of circulated products
EU’s CO2 Emissions Trading Scheme – Benchmarks for Free Allocation from 2013 Onwards 9 September 2010 Hans Bergman DG Climate Action European Commission.
Eligibility issues and joint implementation
European Safety Survey : News on the draft Council and European Parliament Regulation March 2011.
Issues in linking registries and the transaction log
EU legislation on noise emission in the environment by equipment for use outdoors: latest developments European Commission DG Internal Market, Industry,
SCP in the 7th Environmental Action Programme
Setting the Legal Framework for Transaction Registries Workshop “Building Registries to Support the Next Generation of Carbon Markets” Partnership for.
Session 1 Guidelines for projects under Article 6 of the Kyoto Protocol First UNFCCC workshop on implementation of Article 6 projects under the Kyoto Protocol.
The Treaty of Lisbon and Administrative Cooperation
Joint implementation and eligibility requirements
EU legislation on noise emission in the environment by equipment for use outdoors: latest developments September 2018 European.
Presentation transcript:

European Commission: Environment Directorate General Slide: 1 Registry systems for the EU emissions trading scheme SBSTA pre-sessionals Bonn, Germany, 2 June 2003 Olivia Hartridge DG Environment, European Commission

European Commission: Environment Directorate General Slide: 2 Common Position: scope and timing l European Parliament 1 st reading: 10 October 2002 l Common Position between EP and Council reached: 18 March 2003 l European Parliament 2 nd reading: 30 June-4 July 2003 l If no 2nd reading agreement between EP and Council: conciliation is initiated l EU ETS to commence in 2005 in up to 28 countries … l … so implementation has begun in earnest

European Commission: Environment Directorate General Slide: 3 Registries for the EU scheme l Regulation to be adopted laying down minimum requirements for Member States’ registries l Draft regulation by September 2003 l Therefore, work in progress to develop functional and technical specifications for Community registry and European Transaction Log … l … and minimum requirements for Member States’ national registries

European Commission: Environment Directorate General Slide: 4 Some basic considerations ●Registries are NOT trading platforms, and so transfers are entirely distinct from trades and price information ●Registries may be maintained in a consolidated system ●Any person may hold allowances

European Commission: Environment Directorate General Slide: 5 Registries for the EU scheme (i)Trades within a single Member State give rise to adjustment between the operators involved in that Member State only (ii) Trades between entities in different Member States give rise to: a) adjustment of allowance holdings between operators involved b) adjustment of assigned amount units between Member States involved (from 2008)

European Commission: Environment Directorate General Slide: 6 Registries for the EU scheme Monitoring Mechanism Proposal: Article 6 “The Community and its Member States shall establish and maintain registries in order to ensure the accurate accounting of the issue, holding, transfer, cancellation and retirement of assigned amount units, removal units, emission reduction units and certified emission reductions. These registries shall incorporate registries established pursuant to Article 19 of Directive xx/xxxx/EC …”

European Commission: Environment Directorate General Slide: 7 Creation of allowances 2

European Commission: Environment Directorate General Slide: 8 Relationship between ETL and ITL REGISTRY A REGISTRY B ETL X 7 ITL REGISTRY A REGISTRY B ETL X After 2008

European Commission: Environment Directorate General Slide: 9 Macro processes ● The following macro processes have been defined for the functional specifications: rThe management of registry accounts rThe issuance, allocation, cancellation, retirement and eventual banking of allowances rThe transfer of allowances domestically/internationally rThe assessment of compliance - reconciliation between holdings of allowances and verified emissions rThe production of reports

European Commission: Environment Directorate General Slide: 10 Key issues l Maintaining compatibility with UNFCCC data exchange standards l Ensuring access to information delivers transparency but does not impact on market l CPR the responsibility of individual Parties, not entities l Minimising administrative costs: m Linking entities’ account numbers to Member State permit numbering systems? m Providing verifiers’ access to input entities’ annual emissions data?