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Figure GHG emission targets in Europe under the KP (2008–2012) relative to base‑year emissions (absolute and relative)
The final emission levels allocated to the EU and each Member State were established after completion of the reviews of the initial reports pursuant to Article 8 of the KP in 2008. To account for Denmark's exceptionally low base-year emissions compared to other years, Denmark received 5 million AAUs from the Union registry for the first commitment period under the KP
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Figure Absolute and relative gaps between average 2008–2011 non‑ETS emissions and Kyoto target for non‑ETS sectors
* 'EU‑15 (no overachievement)' corresponds to the situation of the EU‑15 where all surplus Kyoto units from target overachievement in the EU‑15 are not taken into account, to reflect the possibility that Member States with a surplus could use any remaining allowances for their own purposes and not necessarily make them available to compensate for Member States with a shortfall. Subsequent to the effect of allocation of allowances to the EU ETS, the target and annual emissions are those of the sectors not covered by the EU ETS. The target for non-ETS sectors corresponds to the difference between the initial permissible emissions and the amount of allowances allocated under the EU ETS. A positive value indicates a country for which average 2008–2011 non‑ETS emissions were lower than the annual target. The assessment is based on average 2008–2011 emissions and the planned use of flexible mechanisms, as well as the expected effect of LULUCF activities. EU‑15 values are the sum of the gaps/surplus for the 15 EU Member States party to Burden-Sharing Agreement. For Croatia, Iceland and Switzerland, total emissions are used as they have currently no installations under the EU ETS.
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Figure text/texmacs National 2020 GHG emission limits under the ESD relative to 2005 emissions levels
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Figure Development of sectoral emissions 2008–2011 compared to 2008 levels
The ETS sector category '99. Other activities opted-in' is not included, as it is heterogeneous and includes installations with unclear sector definition. Figures for the sector are reported in Table 4.4 in the report
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Figure EUA future prices 2008–2012
The EUA prices reflect daily over-the-counter (OTC) closing prices for EUAs to be delivered at the end of 2012
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Figure Total, ETS and non‑ETS emission trends in the EU‑15 compared to their respective targets, 2008–2011
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Figure Projected gaps between 2020 GHG emissions and national targets in sectors not covered by the EU ETS
Progress calculated based on domestic emissions only, without accounting for possible use of flexibility options. The 2020 targets and 2005 non‑ETS emissions are all consistent with 2013–2020 ETS scope, i.e. they take into account the extension of the ETS scope in 2013 and the unilateral inclusion of installation in 2008–2012. Relative gaps are calculated as a ratio between the difference (projected non‑ETS 2020 emissions – estimates of 2020 targets under the ESD) and EEA estimates of 2005 non‑ETS emissions consistent with 2013–2020 ETS scope
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Figure Sectoral trends and projections of EU GHG emissions
Solid lines represent historic emissions up to 2011 and WEM projections from 2011 onwards. Dashed lines represent WAM projections. The gaps observed between the end of historic trends and the start of projected trends are due to the fact that absolute projection data were not calibrated on the latest 2011 GHG proxy inventory data.
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Figure Gap between average non‑ETS 2008–2011 emissions and Kyoto targets without the use of carbon sinks and flexible mechanisms
A positive value indicates that average 2008-to-2011 emissions in the non‑ETS sectors were lower than the average annual target, taking into account the effect of allowances attributed to the EU ETS and without use of carbon sinks and Kyoto mechanisms.
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Figure Credits from CDM and JI surrendered in 2008–2011
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European Environment Agency (EEA)
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Phone: +45 3336 7100