This meeting is under Chatham House Rules 

The EU ETS ‘funding mechanisms’ are an important element of the fourth fase (2021-2030) of the EU ETS, and will be a key financing tool to deliver upon the European Green Deal and updated 2030 climate targets. These funding mechanisms have been operationalised over the last few years – the Innovation Fund launched its first call for proposals in June 2020, while the Modernisation Fund, for which the Implementing Act was adopted on 2 July 2020, is to be operationalised at Member State level.
ERCST and CEEP have together been working on this topic for the last few years, organising workshops in Brussels and beneficiary Member States to facilitate a debate on how to successfully operationalise and utilise these funds, and deepen the understanding of the regional financing needs and priorities. Several papers were published to update stakeholders on the implementation process and raise issues for discussion and clarification.
During this meeting, we will discuss the ‘state of play’ of the funding mechanisms and their operationalisation, including how the beneficiary Member States intend to use the Modernisation Fund. It will also be an opportunity for stakeholders to discuss the role of the funds in delivering upon the enhanced 2030 climate targets, and whether their current composition, including the size, is sufficient.
 

Please register here.

 
Workshop Material(s)
Agenda
ERCST-CEEP Presentation 

 
Upcoming Events

• Public Debate – Flexibility in the EU’s Road Transport Decarbonization Policy: Electrification and Sustainable Fuels

  October 7 @ 15:00 - 17:00

• Launch Event – Future of Emissions Trading in the EU: Agriculture ETS (Public Event)

  October 14 @ 10:00 - 12:00

• Stakeholder Consultation – Bridging the CDR funding gap: design options and policy choices

  October 14 @ 15:00 - 16:30

• Stakeholder consultation: Towards a comprehensive hydrogen infrastructure – assessing progress and addressing gaps

  October 15 @ 15:00 - 17:00

• Stakeholder Roundtable – Future of the EU ETS: EU ETS – CBAM Strawman

  October 21 @ 14:00 - 16:00

• Debate – Review of the EU CO2 Emission Performance Standards for New Cars and Vans

  September 30 @ 09:30 - 11:00

• Low-Carbon Hydrogen Delegated Act: a turning point for the hydrogen market ramp-up? (Public Event)

  September 25 @ 15:00 - 17:00

• Cracking the dilemma of international carbon credits in the EU 2040 target: can EU’s climate action turn geopolitical without losing domestic integrity?

  September 17 @ 11:00 - 14:00