In principle, EU member states have to mutually acknowledge the Guarantees of Origin. The EECS, on which the transfer will be based, are a more elaborated form of GOs.
Jan Willem Groot of the Dutch department of Economic Affairs: “We are waiting for the official German GO legislation to be notified to the European Commission. To my knowledge, the Commission has not been properly informed yet.” According to Groot, the Commission already indicated that the German system for GOs was not yet adequate. “There are several institutions that are allowed to issue guarantees, but a central registry is still lacking. Therefore it is hard to audit and verify the guarantees. We don’t want any double counting, so we have to be very careful.”
In theory the delay could be very short. When Germany shows the right ‘transposition’ of the Directive, trade deals between Germany and The Netherlands can be established immediately. “But it took us almost two years to formally have the GO legislation in place. We took the long way through Parliament, it does not need to take that long”, Groot says.
Source: GreenPrices Newsdesk
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