In this act Article 1 of 7
Article 1 — Definitions
Financial servicesLevel 2RTSMiCAIn forceOfficial source
For the purposes of this Regulation, the following definitions apply:
1(a)
a)‘incentive structure’ means the set of incentives and penalties established as part of a consensus mechanism to economically incentivise distributed ledger technology (DLT) network nodes to cooperate in applying the rules and procedures of the consensus mechanism for the purpose of validating transactions in crypto-assets;
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b)‘greenhouse gas (GHG) emissions’ means emissions of gases listed in Part 2 of Annex V to Regulation (EU) 2018/1999 of the European Parliament and of the Council expressed in tonnes of CO2-equivalent;
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c)‘climate and other environment-related indicators’ means the indicators listed in the section ‘Mandatory key indicator on energy consumption’ of Table 2 of the Annex, in the section ‘Supplementary key indicators on energy and GHG emissions’ of Table 3 of the Annex, and in the section ‘Optional indicators’ of Table 4 of the Annex;
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d)‘scope 1 DLT GHG emissions’ means greenhouse gas (GHG) emissions generated from sources that are controlled by the distributed ledger technology (DLT) network nodes using the consensus mechanism;
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e)‘scope 2 DLT GHG emissions’ means GHG emissions from the consumption of purchased electricity, steam, or other sources of energy generated upstream from the DLT network nodes using the consensus mechanism;
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f)‘scope 3 DLT GHG emissions’ means all indirect, upstream and downstream GHG emissions not covered by points (d) and (e) that occur in the value chain of the DLT network nodes using the consensus mechanism;
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g)‘energy from renewable sources’ or ‘renewable energy’ means energy from renewable sources or renewable energy as defined in Article 2, point (1), of Directive (EU) 2018/2001 of the European Parliament and of the Council;
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h)‘waste’ means waste as defined in Article 2, point (23), of Directive (EU) 2018/2001;
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i)‘waste electrical and electronic equipment’ (‘WEEE’) means waste electrical or electronic equipment as defined in Article 3(1), point (e), of Directive 2012/19/EU of the European Parliament and of the Council;
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j)‘non-recycled waste’ means any waste not recycled within the meaning of ‘recycling’ in Article 3, point 17, of Directive 2008/98/EC of the European Parliament and of the Council;
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