The European Commission has released a consolidated version of Commission Implementing Regulation (EU) 2018/2067, incorporating updates to ensure more robust verification of greenhouse gas (GHG) emissions and enhanced accreditation of verifiers under Directive 2003/87/EC. These revisions aim to standardize and streamline the monitoring, reporting, and verification (MRV) process across sectors participating in the EU Emissions Trading System (EU ETS).
Key Provisions
- Verification Framework:
The regulation outlines comprehensive guidelines for verifying emissions reports from operators and aircraft operators. Verifiers must ensure reports are free of material misstatements and comply with approved monitoring plans and EU standards. - Accreditation and Competence:
Verifiers must be accredited by national accreditation bodies in accordance with harmonized EU standards. This ensures the competence, independence, and impartiality of verifiers in assessing emissions data. - Transparency and Data Integrity:
Operators are required to provide verifiers with detailed documentation, including monitoring plans, control systems, and previous verification reports. This ensures accurate emissions reporting and enables continuous improvement in data quality. - Material Misstatement and Risk Assessment:
The regulation emphasizes identifying and mitigating risks, such as material misstatements or control system inefficiencies, to ensure reliability and precision in emissions reporting.
Implications
This regulation strengthens the credibility of the EU ETS by enhancing verification standards and ensuring consistency across Member States. The updated framework promotes transparency, accountability, and accuracy in emissions data, contributing to the EU’s climate targets and reinforcing its leadership in global climate action.
Download PDF Here:- Commission Implementing Regulation (EU) 2018/2067