This was an in-person event.

Since 2019, ERCST has gained expertise in BCAs and carbon leakage in the EU, guiding the CBAM legislation from its early stages and facilitating informed discussions with global stakeholders. 

Redshaw Advisors provides strategic insights into EU ETS legislation, including CBAM, cost forecasts, MRV requirements, and risk management for entities impacted by EU ETS and new importers. 

The CBAM regulation, effective from 2023, requires importers of carbon-intensive goods to purchase CBAM certificates from 2026, with CO2 emissions monitoring starting in October 2023. These certificates, pegged to the EU ETS carbon price, will not be tradable, preventing hedging and potentially leading to price speculation. 

This meeting was intended as a roundtable with a small group of invited stakeholders and policy makers to brainstorm the potential impact of CBAM certificates on the EU ETS price and hedging. It brought together EU experts in the areas of law, economics and policy to explore the critical underlying questions and assess proposals to address them. 

Agenda