Proposal for a Council Decision on the position to be taken in the Joint Committee established by the Agreement between the European Union and Switzerland on the linking of their greenhouse gas emission trading systems

Summary:

Proposal presented on 25 September 2019 by the European Commission establishing the position to be taken on behalf of the Union concerning amendments to Annex I and II to the Agreement.

Further information:

The Agreement between the European Union and the Swiss Confederation on the linking of their greenhouse gas emissions trading systems aims to connect the EU Emissions Trading System (EU ETS) with the Swiss one, by allowing that allowances issued in one system can be traded and used for compliance in the other one, expanding the opportunities for climate change mitigation.

The Joint Committee is responsible for administering the Agreement and ensuring its implementation. At its second meeting scheduled for December 2019, the Joint Committee is to adopt a decision by which Annex I and II to the Agreement will be amended in order to align them with the current legislation in the EU and Switzerland.