Home > Areas of expertise > Energy and climate change strategies > Emissions trading

The EU ETS has been in operation since 2005. All of those involved are learning and the scheme is still evolving. Its further development, including the potential to link to other markets, will determine both the environmental outcome and the impact on participants and other stakeholders. It is therefore important for all parties to prepare themselves for upcoming changes. This is also to for many other countries around the world where ETS-based systems are increasingly being applied.

We are among the leading experts in this area. Our broad range of customers includes the European Commission, governments, ETS participants, market intermediaries and NGOs. This allows us to bring together insights from the policy arena, industrial operations and the market, providing a sound basis for identifying market opportunities and threats. It is also crucial for developing smart systems that make use of market forces and limit costs and other impacts.

Our services include:

• Design, implementation and evaluation of the ETS systems (including expansion of scope, harmonization and linkage) alongside national allocation plans, in relation to the broader policy context
• Market analyses and impact assessments to determine the impacts of the scheme and design choices at a systemic level as well as for individual participants
• Design and implementation of response strategies (see Carbon management and compliance)
• Design and implementation of decision support systems and monitoring tools
• Verification of annual emission reports
• Capacity building and training, including setting up institutions, training staff and development of procedures, tools and information sources
• Information services, including market bulletins, web sites and prospects.

References:

• Support for the mid-term review of the EU ETS - European Commission
• Developing Monitoring and Reporting Guidelines - European Commission
• Evaluation of National Allocation Plans - UK and Irish governments
• UK Focal Point on benchmarking in EU ETS Phase II - UK government
• Verification of annual emission reports - Henkel, Cognis and Eurocopter
• Review of ETS permits – Generalitat Catalunya (regional government)
• Assessment of emission reduction options and development of internal information system – international oil company
• Assessment of the carbon market – including volume, price and risks - German Investment Fund
• Assessment of the balance between reducing emissions and buying credits - WWF.