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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

The current surpluses of over two billion EU emissions trading allowances negatively impact on the scheme's incentive effect, thus endangering the energy transition and the cost effective achievement of national and European climate targets. On 24 February, the Environment Committee of the European Parliament gave a mandate for the trialogue with the European Council and Commission on the market stability reserve. more

Looking Up on green beech treetops in a forest

Federal Environment Minister Barbara Hendricks pointed out a change in Germany's climate action trend. She stated that in 2014, for the first time in years, greenhouse gas emissions in Germany have dropped significantly. Hendricks considers the adoption of the Climate Action Programme 2020 by the Cabinet in December a good basis for achieving the national climate target by 2020. 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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