In the frame of the first commitment period under the Kyoto Protocol Switzerland undertook to reduce its greenhouse gas emissions between 2008 and 2012 by 8 per cent compared with 1990 levels. The (first) CO2 Act successfully implemented these emission reduction objectives, taking into account the purchase of certificates abroad and the CO2 sink effect of the forests.
In accordance with the rules of the Kyoto Protocol, countries with an emission reduction commitment for the first commitment period (2008-2012) have to retire until 18th November 2015 units corresponding to their reported and verified emissions for this period. This process follows the international verification of the inventory of the countries, which was completed in August 2015 for the last year of the period. Switzerland retired the corresponding units on 13rd October 2015 and therefore has fulfilled its commitment under the first period of the Kyoto Protocol.
The retired units include:
- AAU (« Assigned Amount Units »), i.e. emission allowances attributed to the country under the Kyoto Protocol
- RMU (« Removal Units »), i.e. emission allowances attributed to the country under the Kyoto Protocol for activities such as reforestation
- CER (« Certified Emission Reductions ») issued for projects under the Clean Development Mechanism
- ERU (« Emission Reduction Units ») issued for project under Joint Implementation
For additional information on the retirement of units for the first commitment period under the Kyoto Protocol, please consult the website of the Climate Change Convention:
List of the units retired by Switzerland for fulfilling its commitment of the first period:
Last modification 14.10.2016