Commission adopts Regulation on international credit entitlements

The European Commission today adopted legislation on international credit entitlements for operators during phase three of the EU ETS.

The Regulation, which has undergone scrutiny by the European Parliament and the Council, is unchanged from the version approved by the EU Climate Change Committee in July.

The Regulation will enter into force on the day following its publication in the Official Journal of the European Union. Member States will then have one month to notify to the Commission the international credit entitlement for each of their operators in accordance with the limits set in the Regulation.

Read more:

• Commission Regulation on determining international credit entitlements (adopted version)
• International carbon market and documentation