Scheme - Emissions Annex Provision

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EU Emissions Allowance Transaction Annex to the 2005 ISDA Commodity Definitions

A Jolly Contrarian owner’s manual™

Scheme in a Nutshell

The JC’s Nutshell summary of this term has moved uptown to the subscription-only ninja tier. For the cost of ½ a weekly 🍺 you can get it here. Sign up at Substack.

Scheme in all its glory

Scheme: Means the scheme for transferring Allowances established pursuant to the Directive and the Registries Regulation, and as implemented by the national laws of Member States.


See our natty emissions comparison table between the IETA, EFET and ISDA versions of emissions trading docs

Resources and Navigation

Index: Click to expand:

Pro tip: for tons of information about EU ETS and EU financial services regulation see Michał Głowacki’s magnificent website.

Emissions trading documentation
ISDA: EU AnatomyEU Wikitext EU Nutshell (premium) • UK AnatomyUK Wikitext (to be merged into EU Anatomy)
IETA: IETA Master AgreementIETA WikitextIETA Nutshell (premium)
EFET: EFET Allowances AppendixEFET Allowances WikitextEFET Nutshell (premium)



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The European Union Emissions Trading Scheme. For this you will want our Emissions Annex Anatomy - ISDA-focussed though it is.

Here is the EU ETS legislation including the vaunted Chapter II, which deals with aviation. that may help you if you are wondering, as we did for a cold hour on Monday morning recently, what an AEU Allowance is.

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  • The JC’s famous Nutshell summary of this clause
Template:M premium EUA Annex Scheme

See also