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EU ETS Phase III – Monitoring, Reporting & Verification. Andy Taylor Global Product Manager EU ETS. Bureau Veritas at a Glance. Created in 1828 A global leader in conformity assessment services in the areas of quality, health and safety, environment and social responsibility (QHSE)

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EU ETS Phase III – Monitoring, Reporting & Verification

Andy Taylor

Global Product Manager EU ETS


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Bureau Veritas at a Glance

  • Created in 1828

  • A global leader in conformity assessment services in the areas of quality, health and safety, environment and social responsibility (QHSE)

    • 2010 revenue: >€3bn

    • More than 900 offices in 140 countries

  • EU ETS Verification Body

    • Currently Accredited/ Licensed/ Endorsed by 15 EU Member States (Including Poland)

    • Currently active in all EU ETS sectors

    • Have verified approximately 1000 installations/ operators

  • IETA Member


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New Regulations

  • Revised EU ETS directive (Articles 14 & 15) requires adoption of two new regulations

  • Regulation on Monitoring and Reporting (M&R)

  • Regulation on Verification and Accreditation of Verifiers (A&V)

  • Will replace the current EC Decision which sets out requirements of MRV

  • Evolution not Revolution

  • Aims

    • Aims to improve harmonisation across EU

    • Enhance credibility of the Trading System


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Timeline

  • Online public consultation Closes 10th June 2011

  • Final Drafts by end of June

  • Climate Change Committee vote September 2011

  • Regulations to come into force from 31st December 2011

  • M&R regulation will be applied to monitoring and reporting of emissions from 1st January 2013

  • A&V regulation will first apply to the verification of 2013 annual emissions i.e. reports submitted in March 2014


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M&R Regulation

  • Based on MRG (EC Decision) and new MRG annexes (new sectors, Aviation, CCS etc)

  • No major technical changes, mainly reformatting to the required format of an EU regulation.

  • Claims:

    • Resolved a large number of known issues

    • Made approaches more consistent

    • Introduced simplifications where possible

    • Retained approaches which worked well

    • Significantly reduced duplications

    • More guidance-like text to be placed into guidance


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V&A Regulation

  • Builds on Council Regulation on Accreditation 765/2008

  • Expands on and replaces the requirements of current MRG.

  • Has used current available standards/ guidance

    • MRG

    • ISO 14065/ 14064 part 3

    • European cooperation on Accreditation guidance (EA 6/03)

    • ISAE 3000

  • All Member States required to appoint one national accreditation body (public authority)

  • All verifiers required to apply/ reapply for accreditation to ISO 14065 by the end of 2013

  • Single verifiers still allowed but must apply for accreditation to ISO 14065 (issues include independent technical review, verification decision, demonstration of competence)

  • EU ETS specific peer review between Accreditation Bodies



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