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Creating markets for low-carbon products in the EU
May 19 @ 14:00 - 16:00
Historically, EU and Member State climate policies have strongly focused on reducing GHG emissions that are produced within their jurisdictions. Less emphasis has been put on policies, being it command-and-control or economic, aimed at incentivising (domestic) demand for low-carbon products.
Many EU producers are making investments to lower their emissions, subsequently increasing their production costs and the costs of their final product vis-à-vis non-EU producers of similar goods. Yet, due to the lack of incentives to buy these lower-carbon, (often) more expensive goods, consumption can shift to higher-carbon imports.
This is a perverse effect that should be mitigated. While carbon leakage measures, such as for example in place in the EU ETS, can mitigate this effect, mitigation alone is not sufficient to help speed up the global transition to a low-carbon economy.
While research shows that EU consumers are slowly shifting their consumption patterns towards lower-carbon products, this shift is not fast enough to reach the objectives of the Paris Agreement.
This meeting is intended as a public brainstorming session to start the debate on how to stimulate the creation of a (domestic) market for low-carbon products. This will be the first of a series of meetings offering an opportunity for discussion between stakeholders and policymakers in the context of the implementation of the European Green Deal.
For the European Green Deal to succeed, it is vital to encourage demand-side options aimed at building a mass market for low-carbon products. Wider and more concerted actions will allow to boost green demand and make the case for investment in low-carbon technologies and innovations.
This session will focus on understanding the state of thinking on this topic from the industry, think tanks and government perspectives, the current and planned policies that will ensure that this market emerges, and the gaps that exist.
The webinar will start with an introduction to the topic by Andrei Marcu and Matteo Caspani, followed by an exchange of views with researchers, stakeholders and the European Commission.
Workshop Material(s)
Agenda
ERCST presentation
Presentation from Fulvia Raffaelli (DG GROW)
Presentation from Karsten Neuhoff (DIW Berlin)
Presentation from Oliver Sartor (Agora Energiewende)
Presentation from Adolfo Aiello (Eurofer)
Upcoming Events
Focus Group: Green Claims Directive (GCD) trilogues – How does the GCD connects with (Voluntary) Carbon Markets?
January 21 @ 10:00 - 11:30Paper Launch – Unlocking CO₂ Storage Opportunities Outside the EU – Policy Challenges and Business Prospects
January 28 @ 15:00 - 16:30Second Stakeholders and Member States Consultation – Implementation and transposition of hydrogen regulations in the EU Member States
January 30 @ 15:00 - 17:00Stakeholders Consultation: Green Claims Directive (GCD) trilogues – How does the GCD connects to (Voluntary) Carbon Markets?
February 5 @ 10:00 - 12:00Stakeholder Roundtable – Future of Emissions Trading in the EU: Price Signal and Competitiveness
February 6 @ 10:00 - 12:00
Past Events
Stakeholder Roundtable: 2025 State of the EU ETS Report
December 17 @ 10:00 - 12:00Future of Emissions Trading System in the EU: Role of Emissions Trading in EU Climate Policy – Launch Event
December 12 @ 11:00 - 13:00Stakeholder consultation – CO₂ Storage Beyond the EU: Regulatory Barriers and Business Opportunities
December 11 @ 15:00 - 16:30