Law on Protection from the Negative Impacts of Climate Change - Montenegro ETS

Montenegro’s cap and trade ETS applies to CO2 emissions from Power, Refining, Iron and Steel, Non-ferrous metals, Cement, Glass, Ceramics, Pulp and Paper. In practice, this applies to three installations. Permits are allocated for free, with any remainder within the cap to be auctioned. Auction revenues accrue to the ‘Eco-Fund’, to support environmental protection.

Source: World Bank Carbon Pricing Dashboard

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