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TZID:Europe/Paris
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DTSTART;TZID=Europe/Paris:20231122T103000
DTEND;TZID=Europe/Paris:20231122T123000
DTSTAMP:20260528T083029
CREATED:20231102T084537Z
LAST-MODIFIED:20240404T151202Z
UID:16025-1700649000-1700656200@ercst.org
SUMMARY:Expert Stakeholder Consultation: ETS in Agriculture
DESCRIPTION:This was an in-person event. \nThe European Climate Law set the objective of cutting GHGs by at least 55% by 2030 compared to 1990 levels\, and to become Net Zero by 2050. In June\, the European Commission has been consulting on an EU climate target for 2040. A communication\, accompanied by an impact assessment on this regard\, will be published in 2024. \nThe consultation raises questions about the future role of the EU Climate Policy\, including the contribution of land based and carbon removals in the agricultural sector\, that is responsible for 13% of EU’s GHS [1]. \nThe European Court of Auditors has tasked the European Commission to come before December 2023 with a potential study to analyse the feasibility of extending emission trading to agriculture after 2030. The consultants in charge of developing this study opened a public consultation to stakeholders in June 2023. \nThis meeting was intended as a brainstorming roundtable with a small group of invited stakeholders and policy makers to brainstorm on how feasible is pricing agricultural emissions and rewarding climate action in the land sector. \n[1] ECA (2021). Common Agricultural Policy and climate. Special Report. Pp.6. Available at: https://op.europa.eu/webpub/eca/special-reports/cap-and-climate-16-2021/en/#:~:text=The%20CAP%20mostly%20finances%20measures\,(20%20%25%20of%20emissions). (Accessed on 19 June 2023). \nAgenda     DAFC Slides \n 
URL:https://ercst.org/event/expert-stakeholder-consultation-ets-in-agriculture/
LOCATION:ERCST Rue Archimède 61\, Bruxelles\, Rue Archimède 61\, Bruxelles\, 1000\, Belgium
CATEGORIES:EU ETS
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DTSTART;TZID=Europe/Paris:20231123T103000
DTEND;TZID=Europe/Paris:20231123T123000
DTSTAMP:20260528T083029
CREATED:20231102T085828Z
LAST-MODIFIED:20240419T100129Z
UID:16032-1700735400-1700742600@ercst.org
SUMMARY:Joint Stakeholder Roundtable : Impact of CBAM certificates on EU ETS
DESCRIPTION:This was an in-person event. \nSince 2019\, ERCST has gained expertise in BCAs and carbon leakage in the EU\, guiding the CBAM legislation from its early stages and facilitating informed discussions with global stakeholders.  \nRedshaw Advisors provides strategic insights into EU ETS legislation\, including CBAM\, cost forecasts\, MRV requirements\, and risk management for entities impacted by EU ETS and new importers.  \nThe CBAM regulation\, effective from 2023\, requires importers of carbon-intensive goods to purchase CBAM certificates from 2026\, with CO2 emissions monitoring starting in October 2023. These certificates\, pegged to the EU ETS carbon price\, will not be tradable\, preventing hedging and potentially leading to price speculation.  \nThis meeting was intended as a roundtable with a small group of invited stakeholders and policy makers to brainstorm the potential impact of CBAM certificates on the EU ETS price and hedging. It brought together EU experts in the areas of law\, economics and policy to explore the critical underlying questions and assess proposals to address them.  \nAgenda 
URL:https://ercst.org/event/joint-stakeholder-roundtable-impact-of-cbam-certificates-on-eu-ets/
LOCATION:ERCST Rue Archimède 61\, Bruxelles\, Rue Archimède 61\, Bruxelles\, 1000\, Belgium
CATEGORIES:CBAM,EU ETS
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