Fourth meeting of the Joint Committee on linking emissions trading systems

21.10.2021 – The fourth meeting of the Joint Committee on linking emissions trading systems was held as a virtual conference on 21 October 2021. The Joint Committee discussed current developments in climate policy and their significance for the Linking Agreement.

Switzerland and the EU could report on positive developments at their fourth meeting of the Joint Committee, which took place within the framework of the agreement on linking emissions trading systems (ETS). The linking of their emissions trading systems was successfully implemented in the first year of compliance (2020). For the first time, industrial companies, power plant operators and airlines that are obliged to participate in the Swiss or EU ETS were able to use emission allowances from the other’s ETS to cover their emissions. Switzerland thanked the EU for the good cooperation in this endeavour, which plays a pioneering role in international climate policy.

Climate policy in Switzerland and the EU is evolving very rapidly, also against the backdrop of global developments, including at UN level. The Joint Committee discussed the significance of these developments for the Agreement – namely the ’fit for 55’ package presented by the EU in July 2021 under its Green Deal as well as the next steps with respect to the Swiss CO2 Act – and possible amendments to the Annexes of the Agreement. With regard to the implementation of the Agreement, the Joint Committee acknowledged that the infrastructure (electronic registry link) and processes (‘one-stop-shop’ for airlines) are working; these are a world first. Implementation will be further optimised.

The Joint Committee meeting was chaired by Katrin Schneeberger, director of the Federal Office for the Environment. The EU delegation was led by Beatriz Yordi, director at the European Commission’s Directorate-General for Climate Action.

Last modification 25.10.2021

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