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Barbara Hendricks has welcomed the proposal by the EU Commission for a structural reform of the European emissions trading scheme ETS. With its proposal the Commission implements the climate targets agreed upon by EU heads of State and Government in October 2014. The total volume of CO2 allowances is to be reduced by 2.2 percent annually as of 2020 up to 2030 in order to achieve the 40 percent target. more

Barbara Hendricks welcomes the European Commission's proposal for a structural reform of the European emissions trading scheme. In its proposal, the Commission implements the climate targets, which had been decided on in October 2014 by the EU heads of state and government. In order to achieve the 40 percent target, the total amount of CO2 allowances per year is to decline by 2.2 percent from 2020 to 2030. Until now the rate had been 1.74 percent. more

Emissions trading currently has a surplus of over two billion allowances, which has severely jeopardised the scheme's appeal. The Council Presidency and representatives of the European Parliament and EU Commission have agreed on a rapid reform of the EU emissions trading scheme. The agreement reached by the trilogue widely incorporates the requests made by the German Government. more

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The German government plans to propose the establishment of an alliance for resource efficiency to its G7 partners. This would be a forum for the G7 to exchange experience, make contacts, pool knowledge and improve coordination. Therefore conservation of natural resources will be the focus of discussions at a high-level kick-off event on resource efficiency in the world’s leading industrial nations. more

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EU environment ministers approved the intended nationally determined contribution (INDC) to the new Paris climate agreement for the EU and its Member States. By 2030, EU countries want to reduce their greenhouse gas emissions by at least 40 percent compared to 1990 levels. The agreement means that EU will be able to submit its INDC for a new global climate action agreement in timely fashion. more

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German Emissions Trading Authority

www.dehst.de 

blauer Himmel mit weißen Schleierwolken über grüner Landschaft

Kyoto mechanisms CDM & JI

www.jiko-bmu.de/english 

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