Monday 27 February 2017
This project has been moved from the active research programme to the research pipeline.
Pollutant pricing mechanisms are designed to achieve a reduction of greenhouse gases through the use of tradable emission permits. This project had been assessing whether the Board should consider addressing any diversity that may exist in accounting for pollutant pricing mechanisms (including emissions trading schemes).
The initial research investigated the common economic characteristic of a variety of pollutant pricing mechanisms and the accounting policies currently used to report them in financial statements. The research highlighted issues that are currently being considered in the project to revise the Conceptual Framework, including the definition of a liability.
Following feedback from the 2015 Agenda Consultation and a review of the research findings so far, the Board plans no further work on this project until the revised Conceptual Framework is closer to finalisation.
IASB discusses a project plan for Emissions Trading Schemes
IASB holds education session on Emissions Trading Schemes
The IASB unanimously supported initiating a research programme, focusing on, among other topics, Emissions Trading Schemes
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