Bourse Consult was contracted by the City of London Corporation to examine the current state of the Post-Trade Infrastructure for Carbon Emissions Trading, focussing primarily on the EU Emissions Trading System. The report is timely, with the upcoming changes proposed for the next stage of ETS starting in 2013, i.e.auctioning of allowances and the development of a single registry infrastructure. After reviewing the current status of the infrastructure, and comparing it to best practice in other financial markets, the report goes on to make recommendations for possible improvements.
The report was published today and can be downloaded directly from the Corporation’s website via this link.
Stuart Fraser, the policy chairman at the City of London Corporation introduced the report with a piece in City AM.