On July 1, 2024, the European Commission published the consolidated version of Commission Implementing Regulation (EU) 2018/2066, establishing updated rules for monitoring and reporting greenhouse gas (GHG) emissions. This regulation aligns with Directive 2003/87/EC and covers emissions across stationary installations, aviation activities, and fuel-related activities within the EU Emissions Trading System (EU ETS).
Key Provisions
- Comprehensive Monitoring and Reporting:
Operators and aircraft operators must monitor and report all process and combustion emissions, ensuring that all emission sources and streams are accounted for while preventing double-counting. - Standardized Methodologies:
The regulation mandates consistency in monitoring methodologies and data collection. Operators must maintain transparent records of activity data, calculation factors, and assumptions to enable authorities to verify and reproduce them. - Accuracy and Integrity:
Emissions data must be calculated with the highest achievable accuracy to ensure reliability. Operators are required to identify and mitigate inaccuracies, balancing accuracy improvements with cost considerations. - Continuous Improvement:
Operators must address recommendations from verification reports to improve monitoring and reporting practices over time, ensuring long-term compliance with EU standards.
Implications
This regulation provides a robust framework for tracking emissions with transparency and precision. By standardizing methodologies and promoting continuous improvement, the EU aims to strengthen compliance, reduce emissions effectively, and meet its ambitious climate goals under the European Green Deal. The consolidated version ensures that operators across sectors adhere to the latest practices for GHG accountability.
Download PDF Here:- Commission Implementing Regulation (EU) 2018/2066