Legislation on emissions trading in maritime transport | Traficom
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Legislation on emissions trading in maritime transport

Emissions trading for vessels is regulated in Finland as part of the European Union’s Emissions Trading System (EU ETS), which expanded in 2024 to also cover emissions from maritime transport. This system is based on EU legislation, and its implementation takes place through national legislation, the most important of which is Finland's Emissions Trading Act.

Emissions trading for Finnish vessels is primarily regulated through EU-level directives, which are implemented under the national Emissions Trading Act. This legislative framework ensures that shipping operators participate in the EU ETS, acquire emission allowances and report their emissions appropriately.

Emissions Trading Act (In Finnish)

Directive (EU) 2023/959 of The European Parliament and of The Council of 10 May 2023 amending Directive 2003/87/EC establishing a system for greenhouse gas emission allowance trading within the Union and Decision (EU) 2015/1814 concerning the establishment and operation of a market stability reserve for the Union greenhouse gas emission trading system.

(EU) 2023/959Valid from: 10/05/2023

Comission implementing regulation (EU) 2023/2599 of 22 November 2023 laying down rules for the application of Directive 2003/87/EC of the European Parliament and of the Council as regards the administration of shipping companies by administering authorities in respect of a shipping company.

(EU) 2023/2599Valid from: 22/11/2023

Comission implementing decision (EU) 2024/411 of 30 January 2024 on the list of shipping companies specifying the administering authority in respect of a shipping company in accordance with Directive 2003/87/EC of the European Parliament and of the Council.

(EU) 2024/411Valid from: 30/01/2024

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