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Latvia’s Emission Trading Registry
Latvia’s Emission Trading Registry (ETR)
In 2005, European Union countries created a European Union Emission Trading System and initiated active emission allowances trading for the period 2005 – 2007. The trade is based on the National Emission Allocation Plans for the Member States approved by the European Committee.
The International Emission Trading System was established according to Article 17 of the Kyoto Protocol and started its activity in 2008. The International Emission Trading System allows the Member States to operate with Kyoto Protocol units to fulfill their emission reduction obligations under the Kyoto Protocol.
According to paragraph 327 of the law ”On Pollution” and Article 20 of the Rules of Cabinet of Ministers No. 400 “The Order ofGreenhouse Effect Gas Emission Permit Application and Granting” the Latvian Environment, Geology, and Meteorology Centre (LEGMCA) ensures accessibility of the Latvia’s emission trading system information to the society, placing it on its homepage.
· General Conditions
· Account opening procedure and participation in the emission trading system:
- for operators
- for physical and legal persons
· Service Pricelist
Operations with emission quotas in the Register
The Latvian National Emission Quota Distribution Plan
For additional information please contact the Client Service Department
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