|Policy status:||In Force|
|Policy Type:||Voluntary Approaches>Negotiated Agreements (Public-private sector), Economic Instruments>Fiscal/financial incentives>Taxes, Voluntary Approaches|
|Agency:||Department for Business, Energy and Industrial Strategy|
Climate Change Agreements (CCAs) were introduced in 2001 to allow energy-intensive business users to receive a 65% discount from the Climate Change Levy, in return for meeting energy efficiency or carbon saving targets. CCAs have delivered substantial carbon savings. The first agreements took effect on 1 April 2001 and ran until 31 March 2013. A new phase began in April 2013 and will run to 2023 with the discount raised to 90% for electricity. A total of 53 industrial sectors across more than 9 000 sites have signed up to targets. Targets apply to participating sectors from 2013 to 2020, with the scheme running until 2023.
|Related policies:||Climate Change Levy|
Last modified: Wed, 28 Sep 2016 11:17:55 CEST