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The 2030 Climate Target Plan – Impact Assessment and role of the EU ETS
April 7 @ 10:00 am - 12:10 pm
To put the EU firmly on a path towards climate neutrality by 2050, the Commission will propose an increased greenhouse gas emission reduction target for 2030 from at least 40% to at least 50% to 55% (compared to 1990), including through an amendment to the recently proposed Climate Law. The Communication will set out potential implications for the overall regulatory and enabling framework. It will describe the overall architecture of policy measures to be put in place to achieve that target.
Following the series of discussions on the Green Deal and Climate Law, ERCST organises this online webinar, which will be an opportunity for participants to reflect on the process and implications of the review of the 2030 target, and how the increase in ambition can be financed, with an initial focus on the role of the EU ETS funds and EUA revenues.
This first session will shed light on the upcoming impact assessment, focusing on what the Commission intends to assess, and what not, and what stakeholders deem important to be included in this exercise. The second session aims to take a deeper dive, focusing on the role of the EU ETS in contributing to the achievement of the revised 2030 target, both in terms of the emission reductions to be contributed, as well as the role it could play in financing the transition, through revenue recycling of the auctioning of EUAs.
If you wish to participate, please send a mail to Dariusz at email@example.com
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