Target Agreements

The target agreements have been drawn up under the stewardship of the Energie-Agentur der Wirtschaft (EnAW), in most cases with a view to a later exemption from the carbon tax.
All companies are eligible, which were members of EnAW before 1 November 2006 and are party to an approved target agreement with the Swiss Confederation. Furthermore, the proposed quantity of CO2 reductions over the years 2007-12 must amount to at least 250 tonnes.

In the context of the Target Agreements Programme, in two auction rounds the Climate Cent Foundation has acquired overfulfilments by 243 companies with target agreements in the combustibles sector, totalling 1.31 million tonnes of CO2 over the period 2008 to 2012. In the first auction round, CO2 emissions reductions were acquired at a price of 70 Swiss Francs, in the second auction round at a price of 100 Swiss Francs per tonne.

The Foundation has signed a contract with 88 companies with target agreements in the motor fuels sector. Overall, these should yield emissions reductions of 0.22 million tonnes of CO2 over the period 2008 to 2012, at a price of 125 Swiss Francs per tonne.