Regulatory News

Revision of the EU ETS Directive

The revision of the EU ETS directive entered into force on 5 June 2023, for the inclusion of maritime transport activities in the EU Emissions Trading System. This ABS Regulatory News provides a timeline of steps necessary to annually comply with EU requirements on emissions reporting and the surrender of emissions allowances. 

Additionally, this brief discusses the applicability of the EU ETS Directive to specified vessel types, how emissions allowances are purchased and surrendered, as well as the roles of each party involved in this process. To learn more about application of the EU ETS to maritime transport activities and necessary actions for compliance, download the ABS Regulatory News brief.