How can Denmark achieve its ambitious targets of cutting its greenhouse gas emissions? This is described in Denmark’s National Allocation Plan (NAP) for the period 2008-2012.
This plan sets out the distribution of allowances for the period 2008-2012 and describes how Denmark will reduce its emissions of greenhouse gases by 21% relative to 1990.
The plan allocates greenhouse gas emission allowances for 2008-2012 to 372 Danish companies. According to the plan new climate initiatives must also be launched outside the sectors covered by allowance allocation. Finally, Denmark will continue its active climate efforts in Eastern Europe and developing countries.
The purpose of the EU Emission Trading Scheme is to cut greenhouse gas emissions in order to meet the reduction commitments which the EU and its Member States have agreed to under the UN Climate Convention, the Kyoto Protocol and the EU Burden-Sharing Agreement.
Denmark’s National Allocation Plan for 2008-2012 (Pdf, 416KB).
Approved by the European Commission
The allocation plan was submitted to the European Commission in March 2007 for approval. On 30 August 2007 the plan was then approved with a minor adjustment. See revised list March 2009.
Press release by the European Commission on 30 August 2007.
Strategy on CO2 credits
In conjunction with the allocation plan, the government published a strategy for state-backed climate projects in Eastern Europe and developing countries, its JI/CDM strategy.