EU ETS Emissions Trading

Should you have the legally required verifications for Emissions Trading (EU ETS) carried out?

Emissions Trading (EU ETS) is a market instrument with which the European Union aims to reduce greenhouse gas emissions in a cost-effective manner in order to achieve its climate targets.

On 1 January 2021, the 4th trading phase (2021-2030) of the EU ETS began (after reforms). The revised EU ETS Directive will apply until at least 2025. The biggest changes in the new trading phase are the extra verification for the activity level (European policy) and the start of the CO2 tax (National policy).

ECH is a verification body (V103) accredited by the Dutch Accreditation Council (Raad voor Accreditatie - RvA) and therefore authorised to carry out the legally required verifications for you. 

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When to have an EU ETS Emission Report, Activity Report or CO2 Tax Report verified?

Companies participating in the European Emissions Trading Scheme (EU ETS) must report and have their greenhouse gas emissions and activity levels verified by 31 March each year. A verifier must approve both the emissions report and, if applicable, the activity report of a company in a verification report. This is a legally required assessment. Companies participating in the EU ETS do not need to have the CO2 Tax report verified by a verifier. Companies that do not participate in the EU ETS, but do have to submit a CO2 Tax report, must have this report verified by a verifier.

ECH as an accredited verification body

ECH’s verification approach guarantees a practical interpretation of the legal requirements. This approach is characterised by interpreting these requirements from a technical perspective. ECH’s verifiers have substantive knowledge of, and experience with, incineration and processing plants. This provides your company with the assurance that the verification is carried out by competent employees with relevant technical backgrounds. They take a practical and pragmatic approach, keeping the interests of your business in mind.

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