Figure

Intended (2008–2012) and actual (2008–2011) average annual use of the Kyoto mechanisms

Figure Created 17 Oct 2012 Published 23 Oct 2012 Last modified 11 Dec 2012

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Positive values indicate net acquisition of Kyoto units, while negative values indicate net sales. The actual use of Kyoto mechanisms is based on the delivery of units according to the SEF table. Countries might have acquired more units than are recorded in the SEF tables, e.g. due to delivery dates later in the commitment period. For the United Kingdom, SEF tables include the overseas territories and the crown dependencies of the United Kingdom. For the purposes of the implementation of Article 4 of the KP and as they are not part of the EC, the overseas territories and the crown dependencies of the United Kingdom were excluded from the initial assigned amount of the United Kingdom under the EC. In consequence, the trade of AAUs is slightly overestimated for the United Kingdom, as SEF tables for the geographical coverage of the United Kingdom under the EC only are not available. For Denmark, Greenland is included in the SEF tables. For the purposes of the implementation of Article 4 of the KP and as Greenland is not part of the EC, Greenland was excluded from the initial assigned amount of Denmark under the EC. In consequence, the trade of AAUs is slightly overestimated for Denmark, as SEF tables for the geographical coverage of Denmark under the EC only are not available. For Germany and France, corrections for allocated allowances have been included. Germany distributed an additional 8.1 Mt in 2008 to finance its auctioning mechanism, and in 2009 and 2010, Germany received 4 Mt from operators due to back requirements that are not included in the CITL. Allocations by France to new entrants in 2008 and 2009 were not recorded as allocation in the CITL; these 9.4 Mt are included in the calculations of the report with exception of the Chapter 4 on the EU ETS.