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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
Stakeholder Roundtable: 2025 State of the EU ETS Report
December 17 @ 10:00 - 12:00Focus Group: Green Claims Directive (GCD) trilogues – How does the GCD connects with (Voluntary) Carbon Markets?
January 21 @ 10:00 - 11:30Paper Launch – Unlocking CO₂ Storage Opportunities Outside the EU – Policy Challenges and Business Prospects
January 28 @ 15:00 - 16:30Second Stakeholders and Member States Consultation – Implementation and transposition of hydrogen regulations in the EU Member States
January 30 @ 15:00 - 17:00Stakeholders Consultation: Green Claims Directive (GCD) trilogues – How does the GCD connects to (Voluntary) Carbon Markets?
February 5 @ 10:00 - 12:00
Past Events
Future of Emissions Trading System in the EU: Role of Emissions Trading in EU Climate Policy – Launch Event
December 12 @ 11:00 - 13:00Stakeholder consultation – CO₂ Storage Beyond the EU: Regulatory Barriers and Business Opportunities
December 11 @ 15:00 - 16:30International townhall: CBAM implementation – One year later
December 10 @ 15:30 - 17:30