New regulation to ensure technical implementation of the Kyoto Protocol

Source: Greek Presidency of the EU i, published on Wednesday, March 19 2014, 16:18.

The Council's Permanent Representatives Committee today approved the compromise reached between the Council and the European Parliament concerning a regulation amending Regulation No 525/2013 as regards the technical implementation of the Kyoto Protocol to the UN Framework Convention on Climate Change. It thereby endorsed the agreement reached on 17 March between the Greek Presidency of the Council and representatives of the European Parliament.

The new regulation provides rules to ensure the technical implementation of the Kyoto Protocol in the EU for the second commitment period 2013-2020.

To come into effect, the text still needs to be formally approved by the Parliament, whose vote in plenary is expected to take place on 16 April, and the Council, which is due to take its decision after the vote in the Parliament.

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