EU ETS Directive 2003/87/EC—snapshot
EU ETS Directive 2003/87/EC—snapshot

The following Environment practice note provides comprehensive and up to date legal information covering:

  • EU ETS Directive 2003/87/EC—snapshot
  • Brexit impact
  • What is the EU ETS Directive?
  • What does the EU ETS Directive apply to?
  • Phased implementation
  • Greenhouse gas permits
  • National Allocation Plans in phases I and II
  • Commission allocation from phase III
  • Dealing with the surplus of emission allowances
  • Revision in phase IV
  • More...

Title Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC (EU ETS Directive)
Entry into Force25 October 2003
Deadline for Transposition31 December 2003
Amended byFor a list of all amendments, see EUR-Lex. Key related directives include the linking Directive 2004/101/EC; Aviation Directive 2008/101/EC (entry into force 2 February 2009; transposition deadline 31 December 2012); Directive 2009/29/EC (Revised Directive) (entry into force 25 June 2009; transposition deadline 31 December 2012); Directive (EU) 2018/410 (entry into force 3 April 2018; transposition deadline 9 October 2019)
England and Wales LegislationThe Greenhouse Gas Emissions Trading Scheme Regulations 2012, SI 2012/3038
SubjectClimate change, emissions trading

Brexit impact

As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an implementation period, during which it continues to be subject to EU law. This has an impact on this content.

For further guidance, see: Brexit—impact on environmental law and Brexit Bulletin—key updates, research tips and resources.

What is the EU ETS Directive?

The EU ETS Directive establishes a legal framework for an emissions trading scheme (EU ETS) which aims to promote reductions of greenhouse gas (GHG) emissions in a cost-effective and economically efficient manner.

This is in line

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