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The role of the EU ETS funding mechanisms in delivering the European Green Deal
October 27 @ 14:00 - 15:30
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.
Workshop Material(s)
Agenda
ERCST-CEEP Presentation
Upcoming Events
Launch Event: Solutions for exports of EU CBAM-covered goods
March 25 @ 15:00 - 17:00Launch Event – Future of Emissions Trading in the EU: Price Signal and Competitiveness (Public Event)
March 27 @ 10:00 - 12:00Expert consultation: Extension of the CBAM scope
April 8 @ 15:00 - 17:00Stakeholder Consultation – Advancing BECCS Policy: Harmonizing Land Use with Carbon Dioxide Removal Goals
April 10 @ 15:00 - 16:302025 State of the EU ETS Report – Launch Event (Public Event)
May 21 @ 15:00 - 17:00
Past Events
Focus Group – Circular Carbon Economy: CO₂ as a Valuable Resource
March 12 @ 15:00 - 16:30Launch Event – Implementation and transposition of hydrogen regulations in the EU Member States
March 11 @ 15:00 - 17:00Stakeholders Consultation: Green Claims Directive (GCD) trilogues – How does the GCD connect to Voluntary Carbon Markets (VCMs)?
March 6 @ 10:00 - 12:00
