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November 2019

Strategic challenges to the EU ETS in the long-term

November 18 @ 9:45 am - 12:00 pm
Fondation Universitaire, Rue d'Egmont 11
Brussels, 1000 Belgium
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With the Phase 4 review, concluded in early 2018, the European institutions attempted to make the EU ETS fit for life up till 2030. While the implementing process is still fully ongoing, the EU ETS has to continue to internalise new developments. These developments can be domestic, most notably the recent call by European Commission President-elect Von der Leyen to increase the EU’s 2030 climate target and to explore the inclusion of new sectors in the EU ETS, as well…

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EU ETS outlook in Phase 4: Assessment of policy options for EU climate policy & ‘Preparing for the MSR review’

November 18 @ 1:00 pm - 4:00 pm
Fondation Universitaire, Rue d'Egmont 11
Brussels, 1000 Belgium
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This meeting is jointly organised by ERCST and Sitra (Finnish Innovation Fund) and aims at analysing the outlook for the EU ETS in Phase 4. The meeting is supported by IETA and Carbon Market Watch. The intention is to promote a discussion among stakeholders on the future of the European carbon market, trying to assess what potential reforms might be needed to strengthen the EU ETS framework. The key questions we will try to answer are: is the EU ETS…

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‘Beyond 40%’ – presentation of the draft Report

November 21 @ 10:00 am - 12:00 pm
ERCST offices, Rue Archimède 61
Brussels, Brussels 1000 Belgium
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In the context of the Paris Agreement, the European Union is increasing its efforts towards decarbonisation. Currently, the EU climate strategy is centred around three emissions reduction targets compared to 1990 levels: a cut of 20% of GHG emissions by 2020, at least 40% by 2030; and an implicit reduction of 80-95% by 2050. These targets have increasingly been put into question, as many stakeholders are pushing the EU to speed up its decarbonisation efforts and embrace the goal of…

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Regulatory and Financial Gaps Hindering CO2 Removal Technologies

November 21 @ 1:30 pm - 4:30 pm
ERCST offices, Rue Archimède 61
Brussels, Brussels 1000 Belgium
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Following a short introduction by ERCST, this session will focus on the regulatory and financial gaps surrounding Carbon Dioxide Removal Technologies (CDRTs), and will be composed of two panels, the first focusing on these gaps at the EU level and the second focusing on the international level (Paris Agreement). This workstream will not promote specific CDRTs, but rather focus on the enabling framework that is necessary to deploy these technologies at scale, if they are proven to be sustainable. During…

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