The Council adopted new accounting rules for the land use, land use change and forestry sector

A decision on accounting rules and information on actions concerning greenhouse gas emissions and removals resulting from activities related to land use, land use change and forestry, was adopted by the Agriculture and Fisheries Council. In addition, the Council adopted a regulation on a mechanism for monitoring and reporting greenhouse gas emissions.

The Council adopted a decision on accounting rules and information on actions concerning greenhouse gas emissions and removals resulting from activities related to land use, land use change and forestry (LULUCF). According to the decision, member states should also provide information on their national actions to limit or reduce emissions and to maintain or increase removals from the LULUCF sector. In October 2012, MEPs at the Environment Committee voted in favour to make mandatory accounting for farm and forestry emissions.

The aim of the decision is to establish a harmonised legal framework for comprehensive and robust accounting rules for this sector which are consistent with relevant decisions adopted within the United Nations Framework Convention on Climate Change (UNFCCC) framework. The decision represents a first step towards the inclusion of LULUCF activities in the EU's greenhouse gas emission reduction commitments.

On the other hand, the Council also adopted the regulation on a mechanism for monitoring and reporting greenhouse gas emissions and for reporting other information at national and Union level relevant to climate change. According to the Council, the aim of the new regulation is to enhance the monitoring and reporting framework within the EU, in the light of lessons learned from implementation of the current monitoring mechanism, to take account of developments at both Union and international level. In particular, the regulation incorporates new reporting and monitoring requirements arising from the 2009 Climate and Energy Package and from recent decisions adopted under the United Nations Framework Convention on Climate Change (UNFCCC).