Emission Trading System (EU ETS)

Community Independent Transaction Log

The EU greenhouse gas Emissions Trading System covers around 10,500 installations across the 27 Member States of the European Union plus Iceland, Liechtenstein and Norway which are required annually to surrender emission allowances equal to their emissions in the previous year. It is the world's largest CO2 trading system and forms the cornerstone of the EU's strategy for meeting its emission reduction targets cost-effectively.

The Community Independent Transaction Log (CITL) records the issuance, transfer, cancellation, retirement and banking of allowances that take place in the registry.

It is mandatory for each Member State to have a national registry. The number of registries that have gone online can be seen from the following web site: CITL. These registries will ensure the accurate accounting of all units under the Kyoto Protocol plus the accurate accounting of allowances under the Community scheme for greenhouse gas emission allowance trading.

Not only companies but also natural persons may open an account, anywhere in an EC registry.

Animated presentation demonstrating how the CITL works. (Flash format ~1Mb)

Status of NAP 2008-2012 Revisions and NAP Table uploads (27 April 2009):
	NAP Revision notified	NAP Table notified	NAP Revision approved by EC	NAP Table decision issued by EC	Registry enabled for issuance
AT	■	■	■	■	■
BE	■	■	■	■	■
BG	■	■
CY	■	■	■	■
CZ	■	■	■	■	■
DE	■	■	■	■	■
DK	■	■	■	■	■
EE	■	■	■	■	■
EL	■	■	■	■	■
ES	■	■	■	■	■
FI	■	■	■	■	■
FR	■	■	■	■	■
HU	■	■	■	■	■
IE	■	■	■	■	■
IT	■	■	■	■	■
LT	■	■	■	■	■
LU	■	■	■	■	■
LV	■	■	■	■	■
MT	■	■	■	■
NL	■	■	■	■	■
PL	■	■	■	■	■
PT	■	■	■	■	■
RO	■	■	■	■	■
SE	■	■	■	■	■
SI	■	■	■	■	■
SK	■	■	■	■	■
UK	■	■	■	■	■
LI*	■	■	■	■	■
NO*	■	■	■	■	■
* Liechtenstein's and Norway' s NAP and NAP Table is approved by the EFTA Surveillance Authority