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Regulation (EU) 2018/842 of the European Parliament and of the Council of 30 May 2018 on binding annual greenhouse gas emission reductions by Member States from 2021 to 2030 contributing to climate action to meet commitments under the Paris Agreement and amending Regulation (EU) No 525/2013 (Text with EEA relevance) article 11 CELEX: 02018R0842-20230516 Safety reserve
A Member State may benefit from the safety reserve provided that all of the following conditions are fulfilled:
its GDP per capita at market prices in 2013, as published by Eurostat in April 2016, was below the Union average;
its cumulative greenhouse gas emissions for the years from 2013 to 2020 in the sectors covered by this Regulation are below its cumulative annual emission allocations for the years from 2013 to 2020; and
its greenhouse gas emissions exceed its annual emission allocations in the period from 2026 to 2030, although it has:
exhausted the flexibilities pursuant to Article 5(2) and (3);
made the maximum possible use of net removals according to Article 7, even if that quantity does not reach the level set in Annex III; and
made no net transfers to other Member States under Article 5.
If the resulting collective quantity to be received by all of the Member States which fulfil the conditions set out in paragraph 2 of this Article exceeds the limit referred to in paragraph 1 of this Article, the quantity to be received by each of those Member States shall be reduced on a pro rata basis. |