Key facts
In accordance with the revised Federal Act on the Reduction of CO2 Emissions (CO2 Act), which came into force in 2013, fuel importers must compensate for part of the resultant CO2 emissions. According to the sector’s assessment, the sum that it must invest in projects and programmes up to 2020 in order to reduce emissions amounts to some CHF 1 billion. These projects are audited by currently ten private audit offices and approved by the Federal Office for the Environment (FOEN) in collaboration with the Swiss Federal Office of Energy (SFOE). The projects receive certificates for proven CO2 reductions. Those with compensation obligations have the most interest in receiving certificates, as they must submit them to the FOEN as proof of the compensation achieved.