The Emerging EU Emissions Trading Framework in the Global Arena

CEPS Task Force Report:
Completion of the EU Emissions Trading Scheme in the Emerging Global Climate Regime
Authors: Christian Egenhofer & Noriko Fujiwara

The result of a CEPS multi-stakeholder Task Force, this new report produces recommendations on the link between the EU emissions trading regime and CDM and JI, the so-called ‘Linking Directive’, which is expected to be agreed by the Council of Minister and the European Parliament in a single reading in April 2004. The principal conclusion is that the Linking Directive provides the EU with a flexible and workable platform to shape both EU and international climate change policy. The Task Force, composed of representatives from the EU Commission, industry, environmental NGOs and other stakeholders, was chaired by Charles Nicholson, Group Senior Advisor of BP.

Date Published: 1 March 2004


Charles Nicholson, Group Senior Advisor, BP



Christian Egenhofer, CEPS Senior Fellow

Noriko Fujiwara, CEPS Fellow



Pre-meeting: 5 Nov 2002

1st meeting: 28 Jan 2003

2nd meeting: 3 Apr 2003

3rd meeting: 26 Jun 2003

4th meeting: 7 Oct 2003

5th meeting: 27 Jan 2004


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