Swiss ETS is a cap-and-trade system designed largely in accordance with the same principles and rules governing its bigger brother, the EU Emissions Trading System. It regulates a total of 56 CO2-intensive companies from the cement, chemicals and pharmaceuticals, refineries, steel, paper, district heating and other sectors.SWISS ETS (CH-ETS) for aviation is a mandatory regulation for specific operators to track flights between Switzerland and the EEA and intra-Switzerland.
To better understand the Swiss ETS scheme, our partner, FCC Aviation, a multilingual team of regulatory compliance specialists with more than 10 years of experience in compliance with aviation tax and emission regulations, explains it as:
“The Swiss Emissions Trading System (ETS) works in the same way as its bigger brother, EU ETS. It has virtually the same rules for monitoring, reporting and verification. Swiss ETS regulates emissions from Swiss stationary emission sources, Swiss domestic flights and flights from Switzerland to the European Economic Area (EEA). By contrast, flights from the EEA to Switzerland are covered by EU ETS. From 1 January 2020, Swiss and EU ETS are linked together which makes compliance with Swiss ETS much easier. The biggest advantages are the use of one combined emissions report, the interchangeability of Swiss and EU allowances and the use of the EU ETS registry account for compliance with Swiss ETS. ” – Tobias Konik, Chief Executive, FCC Aviation