National Audit Office of the Republic of Lithuania

Press Release


13/12/2012

Cooperative audit on emissions trading completed

From November 2011 to December 2012, the National Audit Office participated in a cooperative environmental audit on emissions trading, which was led by the Supreme Audit Institutions of Denmark and Norway. The cooperative audit also involved Latvia, Poland and Finland. During their national audits, each country assessed the effectiveness of the Emissions Trading System: allocation, use, trading and registry of greenhouse gas allowances. Lithuania completed this audit in August.

A joint audit report “Emissions trading to limit climate change: Does it work?” was prepared by a working group on the basis of the national reports and signed by all participating countries on 12 December 2012.

National Audit Office of the Republic of Lithuania
PamÄ—nkalnio str. 27, LT-01113 Vilnius
www.vkontrole.lt