Who will organise the auctions and how will they be carried out?
The member states will carry out the auctions. The distribution of the auctioning rights to member states will be largely based on historical emissions, but a part of the rights will be redistributed from richer member states to poorer ones. This is in order to take account of the lower GDP per head and higher prospects for growth and emissions among the latter and to strengthen their financial capacity to invest in climate-friendly technologies.
