National Emissions Allowance Allocation Plan 2008–2012

This Order approves the National Emissions Allowance Allocation Plan 2008–2012. To facilitate the prevention of global climate change, implementing the requirements of European Union legislation, Latvia has to develop a plan for the allocation of allowances for each period of the European Union Emission Trading Scheme (EU ETS). The creation of the Plan is laid down in the “Law on Pollution”, and the Plan deals with issues relating to EU ETS participants in Latvia, the principles of allocating allowances and anticipated allowance allocations, regulations related to allocation, policy planning documents, and the potential to reduce the emission of greenhouse gases (GHG). The first EU ETS period ran from 1 January 2005 until 31 December 2007, while the second period -- for which this document has been prepared -- runs from 1 January 2008 until 31 December 2012.