Examples of Linking Agreement in a sentence
In accordance with the principle of subsidiarity set out in Article 5 TFEU, the objectives of the Linking Agreement can only be achieved through a proposal from the Commission at EU level, as the Agreement will enable participants in the EU system to use units from the Swiss system for compliance.
Annex I of the Agreement lays down the essential criteria that both sides have to comply with to ensure compatibility of the systems and implement the Linking Agreement.
The agreement to link the Swiss ETS and EU ETS (the Linking Agreement) includes provisions to ensure a continued compatibility between the systems for the link to be maintained in the 2021-2030 period.
Before the linking of the ETS of Party A with the ETS of a third Party takes place, Party B must decide whether it accepts the other Linking Agreement (in this case, the provisions of the Linking Agreement between the EU and Switzerland may be revised) or whether it terminates the EU-Switzerland Linking Agreement.
These changes have to be reflected in the Linking Agreement to maintain the compatibility between the EU ETS and the Swiss ETS.In Switzerland, the Agreement is legally implemented with amendments to the CO2 Act and the CO2 Ordinance, namely to newly include aviation in the Swiss ETS.
In accordance with Article 4(1) of the Linking Agreement (LA), all emission allowances eligible for compliance in one system will be eligible for compliance in the other system.
The Linking Agreement with Switzerland represents the first example in this respect.
Linking with other parties remains possible after the entry into force of the Linking Agreement.
Essential Criteria for Stationary Installations” of Annex I to the Linking Agreement entails the obligation for the Parties of the Linking Agreement to review Part A of Annex I.
Describe the relevancy of the pro- posed project to current research or significant research support activities at the proposing institution and any other institution participating in the project, including research which may be as yet unpublished.(ii) Continuation plans.