Ecofys conducted an initial assessment of the draft National Allocation Plans (NAPs) for the 2nd phase of the EU Emission Trading Scheme (EU ETS) due to run from 2008 to 2012. The focus is on Member State progress towards Kyoto targets and the level of the cap relative to Business as Usual (BAU) emission developments. The assessment was based on draft and notified versions of NAPs from 18 out of 25 EU Member States plus Romania and Bulgaria who will join the scheme from 2007.