This Discussion Paper addresses the question of reporting guidelines for the use of auctioning revenues of the EU Emissions Trading Scheme (EU ETS). It reflects upon the relevant legal documents and suggests categories which should be reported upon.
It is recommended that these guidelines should be harmonized with those of the United Nations Framework Convention on Climate Change (UNFCCC) so that the information can be easily fed into this process. Furthermore, this paper indicates that a well elaborated reporting format for the use of EU ETS auctioning revenues could be a model for reporting on climate finance under the UNFCCC and could enhance these discussions.
