Published19th April 2004
Knowledge TypeLessons learned report Case study
Organisation, National Audit Office
Major ProjectUK Emissions Trading Scheme
UK Emissions Trading Scheme: NAO Summary Report
The UK is a signatory to the 1997 Kyoto Protocol, an international agreement to reduce emissions of greenhouse gases, which are believed to cause global warming. In addition, the UK Government aims to go beyond the reductions required under the Kyoto Protocol using a set of policy instruments, the UK Climate Change Programme (the Programme), to achieve this. The UK Emissions Trading Scheme (the Scheme) is part of the Programme. The Department for Environment, Food and Rural Affairs (the Department) manages the Programme and the Scheme.
This 2004 NAO summary report examines the Scheme’s origins (Part 1 of the report), its impact on emissions reductions (Part 2), and its wider benefits (Part 3).