The European Roundtable on Climate Change and Sustainable Transition (ERCST) and the Council on Energy, Environment and Water (CEEW) are organising a virtual India-EU “town hall meeting” on June 25, 2020 on the role that Border Carbon Adjustments (BCAs) may play in addressing asymmetry in climate ambition under the Paris Agreement, with special focus on the plans that the European Union has to examine this option. This activity together with other similar planned “town hall” meetings will feed into a policy paper on the international views on BCA that ERCST will publish in collaboration with its partners.
The European Green Deal has strengthened the level of climate ambition, increasing the asymmetry of climate efforts by aiming to achieve climate neutrality in the European Union by 2050. This raises the question of how to deal with competitive pressure and carbon leakage, pushing BCAs to the front as a possible solution.
Border carbon adjustments (BCAs) aim to alleviate negative effects caused by uneven climate policies by including imports and/or exempting exports. BCAs seek to level the playing field in competitive markets, incentivize trade partners to strengthen their own climate efforts and prevent leakage of carbon emissions to jurisdictions with weaker policies. These objectives can be achieved by a tariff or other fiscal measure applied to imported goods, the extension of regulatory compliance obligations (e.g. ETS) to imports or a tax exemption or regulatory relief for exports.
This virtual town-hall is part of the ERCST project on border carbon adjustment, which is supported by Eurofer, Enel, FuelsEurope, the French government, the German government, HeidelbergCement, MetInvest, and Solvay.
 

Participation in these town halls is by invitation only. If you wish to participate, please contact Indira at ivlaminck@ercst.org

 
Workshop Material(s)
Draft agenda
Press Release
ERCST India Town Hall Presentation
 
Upcoming Events

• Reaction to EU ETS Review Proposal

  July 22 @ 15:00 - 17:00

• Stakeholder Meeting: Proposal for Permanent CBAM Exports Solution

  July 27 @ 15:00 - 17:00

• Review of EU ETS: Funders Meeting on Reaction to EU ETS Proposal

  August 27 @ 15:00 - 17:00

• Reaction to EU ETS Review Proposal

  September 7 @ 15:00 - 17:00

• Informal Dialogue on Article 6

  September 9 - September 11

• Managing the EU ETS for Decarbonization – Stakeholder Meeting

  July 1 @ 15:00 - 17:00

• Integrating International Carbon Markets into EU Climate Policy and Action

  June 26 @ 09:30 - 11:30

• International Townhall: CBAM in an International Context

  June 23 @ 14:30 - 16:30