A mechanism deployed under the EU Emissions Trading System to remove a volume of carbon allowances from circulation in the market. This was a flexibile mechanism used to address a long-term buildup of surplus allowances that was keeping prices relatively low, weakening the price signal generated by the market. The MSR works by reducing the volume of allowances sold in regular auctions, according to agreed quantitative thresholds linked to the net supply of allowances in the market.
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12 October 2026
A term used to describe actions by organisations intended to create the impression of reducing emissions or improving sustainability credentials, but which lack verifiable environmental benefits.
24 September 2026
Refers to the period – usually a calendar year – in which an emissions reduction, avoidance or removal takes place. Carbon credits are often listed as being of a particular vintage.
24 September 2026
Voluntary Emission Reductions or Verified Emission Reductions. A general term used to describe project-based carbon credits.
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