The report concludes that national emission budgets that are binding for the state administration would strengthen the Climate Act by providing a clear message on the path towards carbon neutrality. Emission budgets would both require and support the development of the planning system of the Climate Act. This would also strengthen the base for active involvement in the mplementation of EU’s climate goals. The Act would be strengthened further by including provisions on a fair transition, requirements for municipalities or regions to set emission targets, and obligations to assess climate impacts of bills and the state budget. The Climate Act is, however, not considered to provide an appropriate frame for the regulation of carbon markets to cover sinks.
Compensation and flexibility mechanisms are important, but their detailed regulation is not recommended to be included in the Climate Act. Instead, separate legislation should be considered to ensure consumer rights based on appropriate ac-counting, additionality and avoidance of double counting.
|Translated title of the contribution||Possibilites to increase the effectiveness of the Finnish Climate Act|
|Number of pages||213|
|Publication status||Published - 2021|
|MoE publication type||D4 Published development or research report or study|
|Name||Valtioneuvoston selvitys- ja tutkimustoiminnan julkaisusarja|
- ilmasto, päästöt, budjetointi, kompensointi, hiilinielut, hiilensidonta