European Roundtable on Climate Change and Sustainable Transition (ERCST) is organising a virtual Russia-EU “town hall meeting” on September 8, 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 Government of France, the Government of Germany, HeidelbergCement, MetInvest, and Solvay.
 

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

 
Workshop Material(s)

 Draft Agenda Russia Townhall 8 September 2020
Press release – announcement of cooperation on BCAs with the Institute for Natural Monopolies Research 
20200908 ERCST presentation Russia-EU Town Hall
20200908 Round Table_ERCST_NLMK
20200908 Makarov I. – EU-Russia Climate
Upcoming Events

• Focus Group: Green Claims Directive (GCD) trilogues – How does the GCD connects with (Voluntary) Carbon Markets?

  January 21 @ 10:00 - 11:30

• Paper Launch – Unlocking CO₂ Storage Opportunities Outside the EU – Policy Challenges and Business Prospects

  January 28 @ 15:00 - 16:30

• Second Stakeholders and Member States Consultation – Implementation and transposition of hydrogen regulations in the EU Member States

  January 30 @ 15:00 - 17:00

• Stakeholders Consultation: Green Claims Directive (GCD) trilogues – How does the GCD connects to (Voluntary) Carbon Markets?

  February 5 @ 10:00 - 12:00

• Stakeholder Roundtable – Future of Emissions Trading in the EU: Price Signal and Competitiveness

  February 6 @ 10:00 - 12:00

• Stakeholder Roundtable: 2025 State of the EU ETS Report

  December 17 @ 10:00 - 12:00

• Future of Emissions Trading System in the EU: Role of Emissions Trading in EU Climate Policy – Launch Event

  December 12 @ 11:00 - 13:00

• Stakeholder consultation – CO₂ Storage Beyond the EU: Regulatory Barriers and Business Opportunities

  December 11 @ 15:00 - 16:30