The average CO2 emissions of new light-duty vehicles registered in the EU and Iceland in 2018 stayed well below the applicable targets, according to provisional data published by the European Environment Agency. However, average CO2 emissions of both new passenger cars and new vans were higher in 2018 than in 2017. Manufacturers will have to significantly reduce emissions of their fleet to meet the upcoming 2020 and 2021 targets.
The total number of international credits exchanged now amounts to 452.2 million since the exchange function became operational in March 2014. This is an increase of around 15.9 million credits compared to the number of international credits exchanged that was published in November 2018.
In order to estimate how much European forests contribute to our EU 2030 climate targets by removing CO2 from the atmosphere, the LULUCF Regulation required Member States to submit National Forestry Accounting Plans.