European Roundtable on Climate Change and Sustainable Transition (ERCST) with European Business Association are organising a virtual Ukraine-EU “town hall meeting” on September 17, 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)

20200917 Agenda Ukraine Town Hall
Press release – announcement of cooperation on BCAs with the European Business Association
European Business Association position  
20200917 ERCST presentation Ukraine-EU Town Hall
Upcoming Events

• Review of EU ETS: Advisory Group Meeting on Reaction to EU ETS Proposal

  August 27 @ 15:00 - 17:00

• Stakeholder Consultation on the Optimization of CBAM De Minimis Thresholds

  September 1 @ 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

• Launch Event: CBAM in an International Context

  September 15 @ 15:00 - 17:00

• Stakeholder Meeting: Proposal for Permanent CBAM Exports Solution

  July 27 @ 15:00 - 17:00

• Reaction to EU ETS Review Proposal

  July 23 @ 14:00 - 16:00

• Managing the EU ETS for Decarbonization – Stakeholder Meeting

  July 1 @ 15:00 - 17:00