Serbian Law on Climate Change
- defines the rules to organise the system limiting GHG emissions in a cost-effective manner
- defines the rules to organise adaptation policies,
- mandates the adoption of a low-carbon development strategy, an action plan for the implementation of the strategy, a monitoring and reporting system, a program of adaptation (art 6) and an "Adjustment Program" (art 14).
- establishes the National Council for Climate Change as an advisory body to the Government.
- establishes a National GHG Inventory System (art 57) and defines its functioning (title V)
- establishes a system for reporting on GHG policies and measures and projections (title VII)
Title III of the law further details mitigation policies to be implemented, namely 1) the implementation of the Clean Development Mechanism (art 18), and 2) making data on fuel consumption and CO2 emissions of new passenger vehicles available (art 19 to 24).
Title IV details the monitoring, reporting and verification rules that are implemented with regard to industrial plants (art 25 to 32 and 37 onward) and aviation (art 33 onward). The provisions related to the aviation sector shall apply from January 1st, 2023 (art 77). Article 56 stipulates that the Ministry shall make reports on gas emissions available to the public in accordance with the regulation governing access to information of public importance. Title XI sets further provisions the obligations to display information to consumers set in art 20 to 23.
Title VI on GHG emissions projections states that the Ministry shall prepare projections of anthropogenic GHG emissions from sources and their removal as a basis for determining and assessing the possibility of limiting GHG emissions, adopting policies and measures for economically viable limiting GHG emissions, and monitoring the achievement of GHG emission limits.
Title VIII sets the taxation rules applying to operators seeking emission permits.
Title IX attributes overseeing responsibilities to specific ministries and directorates.
Title X details economic penalties for infringing on the newly-established permitting regulations.
The law transposse Directive 2003/87/EC establishing a system for greenhouse gas emission allowance trading (EU-ETS); Decision 406/2009/EC-Effort of Member States to reduce their greenhouse gas emissions; Regulation 525/2013/EC on a mechanism for monitoring and reporting greenhouse gas emissions ; Directive 1999/94/EC relating to the availability of consumer information on fuel economy and CO2 emissions in respect of the marketing of new passenger cars.