What Directive (EU) 2018/410 of the European Parliament and of the Council of 14 March 2018 amending Directive 2003/87/EC to enhance cost-effective emission reductions and low-carbon investments, and Decision (EU) 2015/1814 requires
This directive establishes the rules for Phase IV (2021-2030) of the EU Emissions Trading System, requiring stationary installations, aviation operators, and maritime transport to surrender allowances for their verified greenhouse gas emissions. It introduces a steeper annual emissions cap reduction (Linear Reduction Factor of 2.2%), updated free allocation benchmarks, and enhanced rules for the Market Stability Reserve (MSR) as detailed in the amended Article 9 of Directive 2003/87/EC.
Pillar: Sustainability & ESG · Authority: The European Parliament and the Council of the European Union · Version: 1.0.0 · Last updated:
Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32018L0410
SHA-256 integrity: 4b20057eefdec86aeae854ca78f7fade447107f074e88b70a37a86edb7fd68b8
Primary Citations — 6 traced to source
- Directive (EU) 2018/410, Article 1(5), amending Article 9 of Directive 2003/87/EC - Union-wide quantity of allowances and linear reduction factor
- Directive (EU) 2018/410, Article 1(8), amending Article 10a of Directive 2003/87/EC - Transitional Union-wide rules for harmonised free allocation
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