Is anailís chuimsitheach í an tuarascáil ar shláine mhargadh carbóin na hEorpa agus tá saineolas agus moltaí curtha ar fáil inti maidir le feidhmiú cuí an mhargaidh carbóin a chaomhnú.
The report is a comprehensive analysis of the integrity of the European carbon market and has provided expertise and recommendations in relation to upholding the proper functioning of the carbon market.
Déanfaidh an Coimisiún faireachán ar fheidhmiú mhargadh carbóin na hEorpa.
The Commission shall monitor the functioning of the European carbon market.
Tuarascáil chun feidhmiú níos fearr an mhargaidh carbóin a áirithiú
Report to ensure the better functioning of the carbon market
saofaí iomaíochta ar an margadh inmheánach a sheachaint, lena n-áirítear an margadh carbóin;
avoidance of distortions of competition in the internal market, including the carbon market;
feidhmiú cuí an mhargaidh carbóin, lena n-áirítear cur chun feidhme na gceantanna;
proper functioning of the carbon market, including the implementation of the auctions;
Ba cheart don Choimisiún aird chuí a thabhairt ar na measúnuithe agus ar na moltaí i gcomhthéacs na tuarascála bliantúla ar an margadh carbóin agus, i gcás inar gá, sna tuarascálacha chun feidhmiú níos fearr an mhargaidh carbóin a áirithiú.
The Commission should take due account of the assessments and recommendations in the context of the annual carbon market report and, where necessary, in the reports to ensure the better functioning of the carbon market.
Má tá fianaise sna tuarascálacha rialta ar an margadh carbóin dá dtagraítear in Airteagal 10(5) agus (6) nach bhfuil an margadh carbóin ag feidhmiú mar is ceart, cuirfidh an Coimisiún tuarascáil faoi bhráid Pharlaimint na hEorpa agus na Comhairle laistigh de thréimhse 3 mhí.
If the regular reports on the carbon market referred to in Article 10(5) and (6) contain evidence that the carbon market is not functioning properly, the Commission shall within a period of three months submit a report to the European Parliament and to the Council.
Is féidir le méaduithe iomarcacha gan choinne nó méaduithe tobanna ar phraghsanna sa mhargadh carbóin tionchar diúltach a imirt ar intuarthacht an mhargaidh, ar intuarthacht í atá bunriachtanach chun infheistíochtaí dícharbónaithe a phleanáil.
Unexpected or sudden excessive price increases in the carbon market can negatively affect market predictability, which is essential for the planning of decarbonisation investments.
Ba cheart an t-uainiú do thíolacadh na dtuarascálacha sin cloí leis na tráthchláir maidir le feidhmiú an mhargaidh carbóin de bhun Airteagal 10(5) de Threoir 2003/87/CE.
The timing for the submission of the reports should follow the timetables on the functioning of the carbon market pursuant to Article 10(5) of Directive 2003/87/EC.
Bunchloch den phacáiste seo is ea praghsáil carbóin, i bhfoirm Chóras an Aontais Eorpaigh i ndáil le Trádáil Astaíochtaí, arb é an chéad mhórmhargadh carbóin ar domhan, agus is é an ceann is mó é fós.
A cornerstone of this package is carbon pricing, in the form of the EU Emissions Trading System, which is the world’s first major carbon market, and it remains the biggest one.
Ach ligean do phraghas imréitigh ceantála den sórt sin a bheith i réim, d’fhéadfaí an comhartha faoin bpraghas carbóin a shaobhadh agus cur isteach ar an margadh carbóin, agus ní áiritheodh sé go n-íocfadh tairgeoirí luach cóir ar na lamháltais.
Allowing such an auction clearing price to prevail could distort the carbon price signal and disturb the carbon market and it would not ensure that bidders pay fair value for the allowances.
aon ghníomhaíocht chomhpháirteach eile a bhaineann le feidhmiú an mhargaidh carbóin, lena n-áirítear cur chun feidhme na gceantanna arna gcomhaontú idir an Coimisiún agus na Ballstáit atá rannpháirteach sa ghníomhaíocht chomhpháirteach.
any other joint action relating to the functioning of the carbon market, including the implementation of the auctions agreed between the Commission and the Member States participating in the joint action.
Agus aird á tabhairt ar thorthaí an scrúdaithe atá leagtha amach sa Teachtaireacht ón gCoimisiún an 21 Nollaig 2010 dar teideal "I dtreo creata feabhsaithe formhaoirseachta margaidh do Scéim Trádála Astaíochtaí an AE", ba cheart don Choimisiún breithniú a dhéanamh i dtaobh togra reachtach a thabhairt ar aghaidh chun dul i ngleic leis na heasnaimh atá sainaitheanta maidir le trédhearcacht, sláine agus maoirseacht an mhargaidh carbóin san Eoraip laistigh de thráthchlár iomchuí.
Taking account of the results of the examination set out in the Commission Communication of 21 December 2010 entitled "Towards an enhanced market oversight framework for the EU Emissions Trading Scheme", the Commission should consider bringing forward a legislative proposal to tackle the identified shortcomings in the transparency, integrity and supervision of the European carbon market in an appropriate time-frame.
“Gach bliain, cuirfidh sé tuarascáil faoi bhráid Pharlaimint na hEorpa agus faoi bhráid na Comhairle ar fheidhmiú an mhargaidh carbóin agus faoi aon bheartas ábhartha eile aeráide ná fuinnimh, lena n-áirítear oibriú na gceantanna, an leachtacht agus na méideanna arna dtrádáil, agus ina ndéanfar achoimre ar an bhfaisnéis a sholáthraíonn na Ballstáit maidir leis na bearta airgeadais dá dtagraítear in Airteagal 10a(6).”.
‘Each year, it shall submit a report to the European Parliament and to the Council on the functioning of the carbon market and on other relevant climate and energy policies, including the operation of the auctions, liquidity and the volumes traded, and summarising the information provided by Member States on the financial measures referred to in Article 10a(6).’.
I gcomhthéacs na tuarascála ar Staid an Aontais Fuinnimh, tabharfaidh an Coimisiún tuairisc ar fheidhmiú an mhargaidh carbóin i gcomhréir le hAirteagal 35(1) agus le pointe (c) d'Airteagal 35(2) de Rialachán (AE) 2018/1999, agus an tionchar a bhíonn ag cur chun feidhme na Treorach sin á chur san áireamh.”;
In the context of the State of the Energy Union report, the Commission shall report on the functioning of the carbon market in accordance with Article 35(1) and point (c) of Article 35(2) of Regulation (EU) 2018/1999, taking into consideration the effects of the implementation of this Directive.’;
an tuarascáil i ndáil le feidhmiú an mhargaidh carbóin dá dtagraítear in Airteagal (10)(5) de Threoir 2003/87/CE, lena n-áirítear faisnéis maidir le cur i bhfeidhm na Treorach sin i gcomhréir le hAirteagal 21(2) de;
the report on the functioning of the carbon market referred to in Article 10(5) of Directive 2003/87/EC, including information on the application of that Directive in accordance with Article 21(2) thereof;
Tá an trádáil i lamháltais astaíochtaí agus an trádáil i ndíorthaigh díobh faoi réir Threoir 2014/65/AE agus Rialachán (AE) Uimh. 600/2014 ó Pharlaimint na hEorpa agus ón gComhairle agus is gné thábhachtach de mhargadh carbóin an Aontais í an trádáil sin.
Trading in emission allowances and derivatives thereof is subject to Directive 2014/65/EU and to Regulation (EU) No 600/2014 of the European Parliament and of the Council and represents an important element of the Union’s carbon market.
I gcomhréir le Cinneadh (AE) 2015/1814, laistigh de 3 bliana ó thús feidhme an chúlchiste, bhí an Coimisiún lena chéad athbhreithniú a dhéanamh ar an gcúlchiste ar bhonn anailís ar fheidhmiú ordúil mhargadh carbóin na hEorpa agus, i gcás gurb iomchuí, le togra a chur faoi bhráid Pharlaimint na hEorpa agus na Comhairle.
In accordance with Decision (EU) 2015/1814, within three years of the start of the operation of the reserve, the Commission was to carry out its first review of the reserve on the basis of an analysis of the orderly functioning of the European carbon market and, where appropriate, submit a proposal to the European Parliament and to the Council.
Leis an anailís a rinneadh i gcomhthéacs an athbhreithnithe ón gCoimisiún ar an gcúlchiste agus na bhforbairtí ionchasacha atá ábhartha don mhargadh carbóin, léirítear, maidir le ráta 12 % de líon iomlán na lamháltas atá i gcúrsaíocht chun líon na lamháltas atá le cur sa chúlchiste gach bliain tar éis 2023 a chinneadh, nach leor sin chun méadú suntasach ar an mbarrachas lamháltas in CTA AE a chosc.
The analysis carried out in the context of the Commission’s review of the reserve and the expected developments relevant to the carbon market demonstrate that a rate of 12 % of the total number of allowances in circulation for the determination of the number of allowances to be placed in the reserve each year after 2023 is insufficient to prevent a significant increase of the surplus of allowances in the EU ETS.
Déanfar athbhreithniú ar an tréimhse le haghaidh ceantála dá dtagraítear san Airteagal seo bliain amháin tar éis a thosaithe i bhfianaise thionchar na ceantála dá bhforáiltear san Airteagal seo ar an margadh carbóin agus ar an bpraghas carbóin.
The period for auctioning referred to in this Article shall be reviewed one year after its start in the light of the impact of the auctioning provided for in this Article on the carbon market and price.
Ba cheart anailís ar mhargadh carbóin na hEorpa, lena n-áirítear ceantanna lamháltas astaíochtaí, trádáil ar an láthair agus thar an gcuntar i lamháltais astaíochtaí agus díorthaigh díobh, a bheith mar chuid den tuairisciú bliantúil sin.
Analysis of the European carbon market, which includes the auctions of emission allowances, on-venue and over-the-counter trading in emission allowances and derivatives thereof, should be part of that annual reporting.
Sheachnófaí leis sin an éiginnteacht shuntasach maidir leis na méideanna ceantála a leanann nuair atá an TNAC gar don tairseach, agus ag an am céanna d’áiritheodh sé go mbainfeadh an barrachas amach an bandaleithead méide ar laistigh de a mheastar go bhfuil an margadh carbóin ag feidhmiú ar bhealach cothrom.
This would prevent the considerable uncertainty in the auction volumes that results when the TNAC is close to the threshold, and at the same time ensure that the surplus reaches the volume bandwidth within which the carbon market is deemed to operate in a balanced manner.
Gach bliain, cuirfidh sé tuarascáil faoi bhráid Pharlaimint na hEorpa agus na Comhairle ar fheidhmiú an mhargaidh carbóin agus faoi aon bheartas ábhartha eile aeráide nó fuinnimh, lena n-áirítear oibriú na gceantanna, an leachtacht agus na méideanna arna dtrádáil, agus ina ndéanfar achoimre ar an bhfaisnéis a sholáthraíonn an tÚdarás Eorpach um Urrúis agus Margaí (ESMA) i gcomhréir le mír 6 den Airteagal seo agus ar an bhfaisnéis a sholáthraíonn na Ballstáit maidir leis na bearta airgeadais dá dtagraítear in Airteagal 10a(6).
Each year, it shall submit a report to the European Parliament and to the Council on the functioning of the carbon market and on other relevant climate and energy policies, including the operation of the auctions, liquidity and the volumes traded, and summarising the information provided by the European Securities and Markets Authority (ESMA) in accordance with paragraph 6 of this Article and the information provided by Member States on the financial measures referred to in Article 10a(6).
Déanfaidh ESMA faireachán rialta ar shláine agus trédhearcacht mhargadh carbóin na hEorpa, go háirithe maidir le luaineacht sa mhargadh agus éabhlóid praghsanna, feidhmiú na gceantanna, oibríochtaí trádála ar an mhargadh le haghaidh lamháltas astaíochtaí agus díorthaigh díobh, lena n-áirítear trádáil thar an gcuntar, leachtacht agus na méideanna a thrádáiltear, agus catagóirí agus iompraíocht trádála rannpháirtithe sa mhargadh, lena n-áirítear suíomhanna idirghabhálaithe airgeadais.
ESMA shall regularly monitor the integrity and transparency of the European carbon market, in particular with regard to market volatility and price evolution, the operation of the auctions, trading operations on the market for emission allowances and derivatives thereof, including over-the-counter trading, liquidity and the volumes traded, and the categories and trading behaviour of market participants, including positions of financial intermediaries.
Féadfar tograí reachtacha a bheith ag gabháil leis an tuarascáil, i gcás inarb iomchuí, arb é is aidhm dóibh trédhearcacht agus sláine an mhargaidh carbóin a mhéadú, lena n-áirítear margaí díorthach gaolmhara, agus aghaidh a thabhairt ar na bearta ceartaitheacha chun feidhmiú an mhargaidh a fheabhsú, chomh maith le feabhas a chur ar chosc agus ar bhrath gníomhaíochtaí drochúsáide margaidh.’ ;
The report may be accompanied, where appropriate, by legislative proposals aiming at increasing the transparency and integrity of the carbon market, including related derivative markets, and addressing the corrective measures to improve its functioning, as well as to enhance the prevention and detection of market abuse activities.’;
Laistigh de 3 bliana ó thús oibriú an chúlchiste agus ag eatraimh 5 bliana ina dhiaidh sin, déanfaidh an Coimisiún, ar bhonn anailíse ar fheidhmiú ordúil an mhargaidh carbóin Eorpaigh, athbhreithniú ar an gcúlchiste agus cuirfidh sé togra reachtach, i gcás inarb iomchuí, faoi bhráid Pharlaimint na hEorpa agus na Comhairle.
Within three years of the start of the operation of the reserve and at five-year intervals thereafter, the Commission shall, on the basis of an analysis of the orderly functioning of the European carbon market, review the reserve and submit a legislative proposal, where appropriate, to the European Parliament and to the Council.
I gcomhthéacs a thuarascála ar Staid an Aontais Fuinnimh, arna tíolacadh de bhun Airteagal 35 de Rialachán (AE) 2018/1999, tuairisceoidh an Coimisiún ar fheidhmiú an mhargaidh carbóin i gcomhréir le hAirteagal 35(1) agus le Airteagal 35(2), pointe (c), den Rialachán sin, agus an tionchar a bhíonn ag cur chun feidhme na Treorach seo á chur san áireamh.
In the context of its State of the Energy Union report submitted pursuant to Article 35 of Regulation (EU) 2018/1999, the Commission shall report on the functioning of the carbon market in accordance with Article 35(1) and Article 35(2), point (c), of that Regulation, taking into consideration the effects of the implementation of this Directive.
ag tabhairt dá haire go raibh tosaíochtaí straitéiseacha an Údaráis dírithe in 2021 ar thrí thopaic thrasearnálacha: margaí caipitil fónta an Aontais, maoiniú inbhuanaithe, agus nuálaíocht agus digitiú; ag tabhairt dá haire freisin gur ann do spriocanna insoláthartha agus do ghaiscí an Údaráis in 2021 i réimsí nach bhfuil nasctha go díreach leis na tosaíochtaí sin, amhail – i measc nithe eile – margadh carbóin an Aontais, gníomhaíochtaí forfheidhmiúcháin, seirbhísí infheistíochta, bainistiú infheistíochta nó CPLanna;
Notes that in 2021 the Authority’s strategic priorities focused on three cross-cutting topics: sound Union capital markets, sustainable finance, and innovation and digitalisation; further notes the Authority’s deliverables and successes in 2021 in areas which are not directly linked to those priorities, such as, among others, the Union carbon market, enforcement activities, investment services, investment management or CCPs;
Chun intuarthacht a sholáthar don mhargadh carbóin, is gá rialacha agus nósanna imeachta soiléire a leagan síos chun féilire mhionsonraithe na gceantanna a chinneadh, i bhfad roimh thús gach bliana féilire, ina mbeadh an fhaisnéis ábhartha uile le haghaidh gach ceant ar leith.
To provide predictability to the carbon market, it is necessary to establish clear rules and procedures for determining, well before the beginning of each calendar year, a detailed auction calendar, with all relevant information for each individual auction.
Ba cheart aon choigeartú a dhéanamh ar bhealach a dhéanfaidh an difear is lú is féidir d’intuarthacht an mhargaidh carbóin agus ba cheart na féilirí athbhreithnithe a fhoilsiú, nuair is féidir, i bhfad roimh an dáta ar a ndéanfar an t-athbhreithniú.
Any adjustments should be made in a manner which affects the predictability of the carbon market the least and the revised calendars should be published, when possible, well in advance of the date when the revision takes effect.
Chun aon riosca a mhaolú maidir le hiomaíocht laghdaithe sa mhargadh carbóin, ba cheart é a bheith indéanta do na Ballstáit roghnú gan a bheith páirteach san ardán ceantála coiteann trína n-ardáin cheantála féin a cheapadh (‘ardáin cheantála leithleacha’).
To mitigate any risk of reduced competition in the carbon market, it should be possible for Member States to opt-out of the common auction platform by appointing their own auction platforms (‘opt-out auction platforms’).
I bhfianaise na féidearthachta go mbeadh roinnt ardán ceantála leithleach ann arna gceapadh ag Ballstáit éagsúla, chomh maith le hardán ceantála coiteann, is gá cúraimí na n-ardán ceantála agus na seirbhísí atá le soláthar acu a leagan amach go mionsonraithe, amhail rochtain ar cheantanna a sholáthar agus ceantanna a stiúradh, féilirí ceantanna a bhainistiú, torthaí ceantanna a fhoilsiú agus fógra a thabhairt fúthu, chomh maith lena cur ar fáil don Choimisiún agus do na húdaráis inniúla aon fhaisnéis is gá chun sláine an chórais ceantála agus an mhargaidh carbóin a chosaint.
In view of the possibility of having multiple opt-out auction platforms appointed by different Member States, as well as a common auction platform, it is necessary to establish in detail the tasks of and the services to be provided by the auction platforms, such as providing access to and conducting auctions, managing auction calendars, publishing and notifying the auction results, as well as providing to the Commission and the competent authorities any information necessary for safeguarding the integrity of the auctioning system and the carbon market.
Chun tuilleadh feabhais a chur ar shláine agus trédhearcacht an mhargaidh carbóin Eorpaigh agus chun feabhas a chur ar thuairisciú rialála agus faireachán margaidh sa mhargadh le haghaidh lamháltas astaíochtaí agus díorthaigh díobh, chun cosc agus brath drochúsáide margaidh a chur chun cinn agus chun cuidiú le margaí ordúla le haghaidh lamháltas astaíochtaí agus díorthaigh ghaolmhara a choinneáil ar bun, is gá oibleagáid a bhunú don ardán ceantála chun mionsonraí iomlána agus cruinne gach idirbhirt ceantála a thuairisciú dá údarás náisiúnta inniúil arna ainmniú faoi Threoir 2014/65/AE agus don Údarás Eorpach um Urrúis agus Margaí (ESMA) chomh maith.
In order to further enhance the integrity and transparency of the European carbon market and to improve regulatory reporting and market monitoring in the market of emission allowances and derivatives thereof, to promote the prevention and detection of market abuse and help in maintaining orderly markets for emission allowances and related derivatives, it is necessary to establish an obligation for the auction platform to report the complete and accurate details of every auctioning transaction to their competent national authority designated under Directive 2014/65/EU and also to the European Securities and Markets Authority (ESMA).
athbhreithniú an Rialacháin seo, ar Threoir 2003/87/CE nó na gníomhartha tarmligthe a glacadh de bhun Airteagal 19(3) den Treoir sin a bhfuil tionchar acu ar fheidhmiú an mhargaidh carbóin, lena n-áirítear cur chun feidhme na gceantanna;
review of this Regulation, Directive 2003/87/EC or the delegated acts adopted pursuant to Article 19(3) of that Directive which has an impact on the functioning of the carbon market, including the implementation of the auctions;