The Environment Agency of Iceland has adjusted the allocation of free allowances to aircraft operators for the period 2021-2023. The calculation is updated according to the inclusion of a linear reduction factor (2,2%), and is subject to the inclusion of Regulation (EU) 2392/2017 into Icelandic legislation (Regulation 601/2018). The allocation might change as a respond to the linking of Switzerland to the EU-ETS.

Below is the allocation for 2020-2023