Below is the list of side events that ERCST organised, and participated in, during the COP28 that was held in Dubai from 30 November 2023 to 12 December 2023.

 

Tackling the Climate Challenge through Carbon Management Technology in Europe

November 30, 2023 – 15:30-16:30, Dubai time (GMT+4) | Benelux Pavilion

ERCST participated in this side event organised by the Global CCS Institute during COP28.

CCS is becoming more prominent EU-wide as 2030 climate targets approach and new targets for 2040 are developed to chart the next step in the path to the 2050 commitment to carbon neutrality. This session discussed the progress made in Europe as it relates to CCS deployment and highlighted the policy instruments that are driving CCS success in Europe.

If you have any questions, please contact Ms Elena Bonfiglio (ebonfiglio@ercst.org) or Ms Sachi Vohra (svohra@ercst.org).

Agenda    Recording

 

Carbon Removal: What role for the Middle East?

December 2, 2023 | 08:30-09:30, Dubai time (GMT+4) | IETA pavilion

ERCST spoke at this side event on carbon removals.

Durable Carbon Dioxide Removal (CDR) is essential to reach net zero. But what is the outlook and opportunity for DACCS and other durable CDR technologies in the UAE? Will the nation be an importer or can it become a hub for carbon management where removals help address both domestic net zero targets and export opportunities for the MENA region? What are some of the technology, energy, and geological considerations that will enable rapid scale-up in the region? This session brought together members of the public and private sectors working in the UAE to share perspectives on how durable CDR will be deployed, verified, and used within the region.

If you have any questions, please contact Ms Elena Bonfiglio (ebonfiglio@ercst.org) or Ms Sachi Vohra (svohra@ercst.org).

 

The business case for CCS to meet decarbonization goals

December 2, 2023 – 16:30-17:30, Dubai time (GMT+4) | Norwegian pavilion

ERCST participated in this side event co-organised by Equinor, Aker Carbon Capture, and DNV as part of the Norwegian pavilion during COP28. The session brought together Norwegian and International participants to promote Norwegian perspectives on CCUS.

If you have any questions, please contact Ms Sachi Vohra (svohra@ercst.org).

 

SOCAR Decarbonization Strategy and Future Prospects

December 3, 2023 – 10:00-11:00, Dubai time (GMT+4) | | Azerbaijan pavilion

ERCST participated in this side event organised by SOCAR as part of COP28 Azerbaijan pavilion. This session aimed at presenting information about SOCAR’s achievements in the field of decarbonization and energy transition.

If you have any questions, please contact Ms Sachi Vohra (svohra@ercst.org) or Elena Bonfiglio (ebonfiglio@ercst.org).

 

Towards Operationalization of Article 6

December 3, 2023 – 13:15-14:45, Dubai time (GMT+4) | SE Room 4 (125 pax) 

ERCST was the lead organiser in this side event that co-convened with the Climate Change Center (CCC), and the Swiss Business Council for Sustainable Development (OEBU).

Joining market leaders, experts, and governments, the session, moderated by ERCST’s Executive Director Andrei Marcu, discussed actionable “blueprints” on Article 6. Panelists shared initiatives and innovations in the works and discussed the role of removals under Article 6 towards global net-zero goals.

If you have any questions, please contact Ms Sachi Vohra (svohra@ercst.org) or Elena Bonfiglio (ebonfiglio@ercst.org).

Agenda    Recording

 

How Emerging Markets Can Prepare for the EU’s New Climate Regulations

December 4, 2023 – 10:30-11:30, Dubai time (GMT+4) | BCG Pavilion

ERCST participated in this roundtable organised by the Boston Consulting Group (BCG) and that discussed the impact of the EU CBAM and deforestation regulations across industries and geographies and why and how Emerging-market companies and governments must act now.

If you have any questions, please contact Ms Sachi Vohra (svohra@ercst.org) or Elena Bonfiglio (ebonfiglio@ercst.org).

 

A Carbon Bank to manage the transition towards a low carbon economy

December 4, 2023 – 13:15-14:30, Dubai time (GMT+4) | IETA Business Hub Pavilion

This event was organised by ERCST.

The acceptability of carbon pricing is crucial and compensation for high carbon prices is an issue. Current ETS architecture does not provide the right tools to manage negative emissions. This event helped understand the role of carbon authorities in managing potential supply constraints of carbon credits and their practical shape and implications.

If you have any questions, please contact Ms Sachi Vohra (svohra@ercst.org) or Elena Bonfiglio (ebonfiglio@ercst.org).

Agenda    Recording    ERCST Slides

 

Decarbonization in the Transportation Sector

December 5, 2023  – 14.00-15:30 Dubai time (GMT+4) | IETA Business Hub Pavilion

This event was organised by ERCST.

In October, ERCST launched a second report about the transport sector entitled ‘Review of decarbonisation policies for heavy-duty transport: recommendations for a successful transition’. The project intended to analyse the current pathways emerging from EU policy for decarbonisation of heavy-duty road transportation.

At this side event at COP28, ERCST presented the findings of the above-mentioned report, which assesses current legislative pathways to decarbonize heavy-duty transport and makes recommendations for new pathways complementary and/or alternative to the existing ones.

Panelists discussed the decarbonization pathway for HDVs and the report’s recommendations. The results of these discussions will serve to pave the way to future developments on the ERCST mobility workstream.

If you have any questions, please contact Ms Sachi Vohra (svohra@ercst.org) or Elena Bonfiglio (ebonfiglio@ercst.org).

Agenda    Recording

 

International Dimensions of the EU CBAM and Climate-Related Trade Measures

December 11, 2023  – 12:00-13:00 Dubai time (GMT+4) | The Trade House, Thematic Arena 3

This side event was co-organised by ERCST and the WTO.

The session provided insights into the emerging wave of climate-related trade measures, including the EU CBAM, building on the ERCST’s work in this area within different projects. It explored how climate-related trade measures that aim to address international greenhouse gas leakage resulting from domestic climate policy measures can be designed to account for differences in climate policy across various countries. The discussion addressed both how the EU CBAM can credit foreign carbon prices or climate efforts, and alternative methodologies that we have come across for crediting various climate policies.

The discussions revolved around the theme of trade and emissions standards, pricing, and supply chains. By examining the implementation of climate-related trade measures such as EU CBAM’s and how these measures incorporate foreign carbon prices, they looked at the relation between trade, emission standards and pricing while also considering the different methods impact on global supply chains as countries adjust to the new regulations.

If you have any questions, please contact Ms Sachi Vohra (svohra@ercst.org) or Ms Sara Svensson (ssvensson@ercst.org).

Agenda    Recording

 

Development and Piloting of an ETS (Opportunities and challenges for new ETSs)

December 11, 2023 – 14:30-15:30, Dubai time (GMT+4) | Türkiye Pavilion

ERCST participated in this side event organised by COP28 Türkiye Pavilion.

If you have any questions, please contact Ms Sachi Vohra (svohra@ercst.org).