Brussels, 23 February 2011
Emissions trading: Commission outlines actions to enhance registry security and combat fraud
The European Commission today outlined a series of actions to strengthen the integrity of the European carbon market following cyber-thefts from several EU Emissions Trading System registries last month. The proposals will be discussed today by the EU Climate Change Committee, which brings together representatives from all Member States.
Connie Hedegaard, European Commissioner for Climate Action, said: "The Commission has identified a range of actions that Member State can already take in the short term to further improve security for example by regularly reviewing security plans, by reinforcing registry account policies and identity checks, by training registry users etc. For the medium and long term we reinforce efforts to identify solutions in cooperation both with Member States and through a regular dialogue with stakeholders."
The Commission and Member States have been collaborating constructively in the weeks since the thefts to ensure minimum security requirements for national ETS registries are put in place. At the meeting of the Climate Change Committee today, the Commission will recommend that Member States undertake a number of further short-term measures, including:
In addition to these short term measures that can be implemented by Member States, the Commission:
On 19 January 2011 the Commission suspended transactions, except for the allocation and surrender of allowances, in all EU ETS national registries following cases of cyber theft from a number of registries. Ten registries have since been allowed to resume full operations after providing reasonable assurances that the minimum security requirements are in place.
For more information on the European Emissions Trading System, see
For more information on registries, see