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DTSTART;TZID=Europe/Paris:20200304T133000
DTEND;TZID=Europe/Paris:20200304T160000
DTSTAMP:20200127T115321Z
CREATED:20200127T115321Z
LAST-MODIFIED:20200127T115321Z
UID:10024-1583328600-1583337600@ercst.org
SUMMARY:Indirect costs compensation in the EU ETS - revision of the State Aid Guidelines (Public consultation discussion)
DESCRIPTION:The state aid guidelines for indirect costs compensation in the EU ETS are up for revision – not review – which means that they could change significantly. The current guidelines expire on 31 December 2020\, and the new guidelines would ‘indicatively’ be ready by Q3 2020 – just a few months before the new ones actually enter into force.\nThe new state aid guidelines will need to balance a number of issues\, among which: \n\ncarbon leakage risk\nrisk of overcompensation and potential windfall profits\nrisk of internal market distortion\nhow to incentivise cost efficient decarbonisation\n\nIn 2019\, the European Commission held two consultations\, a public one and a targeted one. Subsequently\, on the 14th of January it published the draft guidelines\, which are subject to a 8-week public consultation period\, ending on March 10.\nERCST has actively engaged on this topic\, organising a series of meetings on state aid guidelines and indirect costs compensation\, and responding to the first public consultation. This meeting has the intention of discussing the draft guidelines with EU stakeholders\, providing space for various stakeholders to present and discuss their submissions to the public consultation. \n[rtec-registration-form] \nWorkshop Material(s)\nAgenda\nERCST presentation\nW. Stoefs (CMW) presentation\nJ. Delarue (ClientEarth) presentation\n \nUpcoming Events\nExpert Consultation: State of the EU CBAMOctober 12 @ 15:00 - 17:00Stakeholders Meeting: Free allocation conditionality in the EU ETS – Review of the EU ETSOctober 20 @ 15:00 - 17:00Ledger-Based Carbon Accounting – A Learning Workshop with ERCSTOctober 27 @ 10:00 - 12:00Expert Consultation: Integration of Carbon Removals into the EU ETSOctober 29 @ 10:00 - 11:30State of EU ETS – Kick Off with Advisors Groups and PartnersNovember 3 @ 14:00 - 15:00\n\n \nPast Events\nAccounting and Product Standards in RomeOctober 6 @ 09:30 - 11:30Launch Event: Optimization of CBAM De Minimis ThresholdOctober 1 @ 15:00 - 17:00Launch Event: Review of the EU ETS – Managing the EU ETS for DecarbonizationSeptember 22 @ 15:00 - 17:00
URL:https://ercst.org/event/indirect-costs-compensation-in-the-eu-ets-revision-of-the-state-aid-guidelines-public-consultation-discussion/
CATEGORIES:Event organised by ERCST
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Paris:20200305T100000
DTEND;TZID=Europe/Paris:20200305T170000
DTSTAMP:20191125T125809Z
CREATED:20191125T125809Z
LAST-MODIFIED:20191125T125809Z
UID:10013-1583402400-1583427600@ercst.org
SUMMARY:Stakeholder meeting "Border Carbon Adjustments in the EU - issues and options"
DESCRIPTION:As part of the European Green Deal\, implementation of a BCA is once again being considered as a measure to address competitiveness concerns within the EU. According to the roadmap for the European Green Deal\, a proposal for a BCA for “selected sectors” will be released in 2021. So far\, we can only speculate what such a BCA might look like\, as few policy details have been released. Given the resurgence of discussions about BCAs on the EU political agenda\, it is an opportune time to have a closer look at the various available policy design elements and options\, along with the associated environmental\, economic\, political and legal implications\, in order to better understand what form of BCA might work for the EU.\nThis meeting will be an opportunity for invited stakeholders to comment on\, and contribute to\, a draft paper being prepared by Andrei Marcu\, Michael Mehling and Aaron Cosbey. This invitation is strictly personal. \nThe draft paper is intended to unpack the design elements of a BCA\, develop options for each of these elements\, and then analyze them based on the following five criteria: \n\nEffectiveness in preventing emissions leakage and spurring climate action;\nAbility to level the competitive playing field and shield European industry;\nCompatibility with international law\, especially WTO law;\nPolitical viability and potential to disrupt diplomatic relations;\nTechnical and administrative feasibility.\n\nSome of the questions that are planned for discussion on March 5th include: \n\nType of Mechanism: How should the ‘carbon border adjustment mechanism’ be implemented? Through a tax or tariff\, an extension of the EU ETS\, or an alternative mechanism (e.g. performance standards)? Should it only apply to imports\, only to exports\, or to both?\nGeographic\, Sectoral and Emissions Scope: Who and what should be covered by the mechanism? All countries\, or only countries that meet\, or fail to meet\, certain criteria (e.g. development level\, minimum carbon price\, participation in international climate efforts)? Basic commodities only\, or also more complex manufactured goods (and in both cases\, how are these selected)? Direct (Scope 1) emissions only\, or also indirect (Scope 2 and 3) emissions?\nDetermination of Embedded Carbon: How should the carbon intensity of products be determined? Based on sectoral/product benchmarks or averages\, or based on actual (reported and verified) emissions? If averages/benchmarks are used\, which? And should foreign producers be allowed to demonstrate actual emissions individually through verified emissions reports?\nAdjustment Methodology: How should the EU determine the level of the ‘carbon border adjustment mechanism’? Should it use the difference in explicit carbon price levels between the EU ETS and the foreign jurisdiction? Or the difference in effective carbon rates\, taking into account other climate mitigation policies? Or should it assume e.g. a global sectoral average\, allowing foreign jurisdictions to prove the carbon constraints in the relevant sector are higher than the global average?\nUse of Revenue: What purposes should revenue be used for? Should revenue collected with the ‘carbon border adjustment mechanism’ be earmarked for investments in the EU\, for instance in clean innovation and infrastructure\, or transition assistance to vulnerable sectors? Or should it be allocated to international climate finance\, or otherwise sent outside the EU\, for instance through an innovation fund?\nScenarios/options: in developing 1-3 implementation scenarios\, what should be the focus and what kind of balance would you advise between different priorities?\n\nThis will be the first stakeholder event for this ERCST project on border carbon adjustment\, which is supported by Eurofer\, Enel\, FuelsEurope\, the French government\, the German government\, HeidelbergCement\, MetInvest\, and Solvay. Other funders are examining the possibility of joining. \n  \nIf you are interested in participating\, please contact Eric at ewilczynski@ercst.org \n \nWorkshop Material(s)\nAgenda\nERCST presentation\nPresentation by G. Zachmann\nPresentation by J. Cooper\nPresentation by F. Branger\n \nUpcoming Events\nExpert Consultation: State of the EU CBAMOctober 12 @ 15:00 - 17:00Stakeholders Meeting: Free allocation conditionality in the EU ETS – Review of the EU ETSOctober 20 @ 15:00 - 17:00Ledger-Based Carbon Accounting – A Learning Workshop with ERCSTOctober 27 @ 10:00 - 12:00Expert Consultation: Integration of Carbon Removals into the EU ETSOctober 29 @ 10:00 - 11:30State of EU ETS – Kick Off with Advisors Groups and PartnersNovember 3 @ 14:00 - 15:00\n\n \nPast Events\nAccounting and Product Standards in RomeOctober 6 @ 09:30 - 11:30Launch Event: Optimization of CBAM De Minimis ThresholdOctober 1 @ 15:00 - 17:00Launch Event: Review of the EU ETS – Managing the EU ETS for DecarbonizationSeptember 22 @ 15:00 - 17:00
URL:https://ercst.org/event/paper-launch-the-future-of-carbon-leakage-protection-in-the-eu-ets/
CATEGORIES:Event organised by ERCST
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DTSTART;TZID=Europe/Paris:20200311T100000
DTEND;TZID=Europe/Paris:20200311T123000
DTSTAMP:20200127T134106Z
CREATED:20200127T134106Z
LAST-MODIFIED:20200127T134106Z
UID:10025-1583920800-1583929800@ercst.org
SUMMARY:The European Green Deal: state of play
DESCRIPTION:President Ursula von der Leyen’s European Commission released the communication on the ‘European Green Deal’ on December 11th 2020. It is presented as an outline of the new Commission’s commitment to tackling climate and environmental-related challenges. It is presented as a new growth strategy aimed at transforming the EU’s economy and lists a measures and legislative initiatives aimed at achieving net-zero emissions by 2050. \nIndeed\, the European Green Deal can be seen as a collection of priorities\, principles and areas where legislative proposals will be produced in the coming years. At this stage\, it is very broad and all-encompassing\, and still lacking much detail.\nFollowing the initial brainstorm meeting organised by ERCST in January\, this meeting will be an opportunity for participants to take stock of these recent policy developments announced under the European Green Deal\, including the investment plan (EGDIP)\, the Just Transition Mechanism and the proposal for a climate law ensuring the carbon neutrality objective. This will be followed by a discussion on what can be expected in the coming months and how the transition will be financed.\n  \nThis meeting is by invitation only – please contact Dariusz at ddybka@ercst.org if you wish to participate \n \nWorkshop Material(s)\nDraft agenda\nPresentation EIB ERCST_Just Transition \nPresentation CEEP Green Deal\nPresentation ERCST Beyond NDC\n\nUpcoming Events\nExpert Consultation: State of the EU CBAMOctober 12 @ 15:00 - 17:00Stakeholders Meeting: Free allocation conditionality in the EU ETS – Review of the EU ETSOctober 20 @ 15:00 - 17:00Ledger-Based Carbon Accounting – A Learning Workshop with ERCSTOctober 27 @ 10:00 - 12:00Expert Consultation: Integration of Carbon Removals into the EU ETSOctober 29 @ 10:00 - 11:30State of EU ETS – Kick Off with Advisors Groups and PartnersNovember 3 @ 14:00 - 15:00\n\n \nPast Events\nAccounting and Product Standards in RomeOctober 6 @ 09:30 - 11:30Launch Event: Optimization of CBAM De Minimis ThresholdOctober 1 @ 15:00 - 17:00Launch Event: Review of the EU ETS – Managing the EU ETS for DecarbonizationSeptember 22 @ 15:00 - 17:00
URL:https://ercst.org/event/the-european-green-deal-state-of-play/
CATEGORIES:Event organised by ERCST
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DTSTART;TZID=Europe/Paris:20200311T133000
DTEND;TZID=Europe/Paris:20200311T160000
DTSTAMP:20191125T121507Z
CREATED:20191125T121507Z
LAST-MODIFIED:20191125T121507Z
UID:10009-1583933400-1583942400@ercst.org
SUMMARY:Brainstorm on "2020 State of the EU ETS Report"
DESCRIPTION:The EU ETS Directive in its Article 10(5) refers to the fact that the European Commission has to submit each year a report on the functioning of the EU ETS.  Taking stock of the success\, or lack thereof\, of such an important instrument must be seen as an essential ingredient in ensuring it can deliver\, and that it keeps the EU on the path to decarbonisation\, while not losing sight of other important considerations\, in a world where there will continue to exist asymmetrical climate change policies.\nWhile the European Commission has its role to play in providing an official report\, it is also important that an independent review and assessment of the functioning and delivery of the EU ETS take place. ERCST\, together with a number of EU-based think tanks\, all with a long experience in the EU ETS and climate change policy debate\, have come together to develop a yearly report\, which provides an independent view of the state of the EU ETS\, and its deliveries\, at a certain time. The 2019 edition is available through this link.\nIn 2020\, the fifth annual report on the State of the EU ETS will be produced\, this year together with the Wegener Center on on climate and global change\, Bloomberg New Energy Finance and EcoAct. This first brainstorm meeting in Brussels will bring together a small group of stakeholders deeply involved in the EU ETS discussion\, to discuss the draft version of the 2020 report and highlight potential areas that need more attention.\nThe report focuses on 5 key areas: \n\nRecent policy developments and implications\nEnvironmental delivery\nEconomic delivery\nMarket functioning\nIssues to monitor for the future\n\nIf you are interested in participating\, please contact Domien at dvangenechten@ercst.org. More information on the project and event can be found here.\n \nWorkshop Material(s)\nAgenda\nPresentation – 2020 State of the EU ETS Report\n2019 State of the EU ETS Report\n \nUpcoming Events\nExpert Consultation: State of the EU CBAMOctober 12 @ 15:00 - 17:00Stakeholders Meeting: Free allocation conditionality in the EU ETS – Review of the EU ETSOctober 20 @ 15:00 - 17:00Ledger-Based Carbon Accounting – A Learning Workshop with ERCSTOctober 27 @ 10:00 - 12:00Expert Consultation: Integration of Carbon Removals into the EU ETSOctober 29 @ 10:00 - 11:30State of EU ETS – Kick Off with Advisors Groups and PartnersNovember 3 @ 14:00 - 15:00\n\n \nPast Events\nAccounting and Product Standards in RomeOctober 6 @ 09:30 - 11:30Launch Event: Optimization of CBAM De Minimis ThresholdOctober 1 @ 15:00 - 17:00Launch Event: Review of the EU ETS – Managing the EU ETS for DecarbonizationSeptember 22 @ 15:00 - 17:00
URL:https://ercst.org/event/brainstorm-on-2020-state-of-the-eu-ets-report/
CATEGORIES:Event organised by ERCST
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DTSTART;TZID=Europe/Helsinki:20200313T100000
DTEND;TZID=Europe/Helsinki:20200313T123000
DTSTAMP:20200217T080051Z
CREATED:20200217T080051Z
LAST-MODIFIED:20200217T080051Z
UID:10027-1584093600-1584102600@ercst.org
SUMMARY:Beyond the EU NDC & Impact on the EU ETS - outreach meeting in Helsinki
DESCRIPTION: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 climate neutrality by 2050.\nIn November 2019\, ERCST presented its draft Report of the project ‘Beyond the EU NDC’. This project aims to assess whether Member States and other stakeholders are undertaking efforts to go ‘beyond’ their respective 2030 targets\, and what their perspective is on the 2050 strategy and the potential target of carbon neutrality.\nThis is one of the outreach meetings of the ‘Beyond the EU NDC’ report\, which will be discussed in 6 European capitals to gather further feedback from key stakeholders in Member States. During this meeting\, the authors will present the Report and their findings through a presentation\, after which the Report will be discussed in a roundtable setting with stakeholders. The final report – which will include feedback from the roundtables across the EU – will be published in February 2020.\nWe would like to thank Sitra for co-hosting the workshop. \nIf you would like to participate in this workshop\, please send a mail to Domien\nNOTE: Due to travel restrictions and lockdown measures put in place as a response to the COVID-19 outbreak\, this workshop was held via online video conference.\n \nWorkshop Material(s)\nAgenda\nO. Honkatukia\, Finnish Ministry of Environment – opening remarks\nA. Marcu\, ERCST – going beyond the EU NDC paper presentation\nL. Saikku\, SYKE – Towards Carbon Neutral Municipalities\nI. Rasanen\, City of Lappeenranta\nR. Pinomaa\, Finnish Chemical Industry – carbon neutral chemicals 2045\nA. Marcu\, ERCST – European Green Deal and BCAs\nO. Haanpera\, Sitra – Aligning the EU ETS with the Paris Agreement\nK. Kankaanpaa\, Fortum – climate policy developments at the EU level and impact on the EU ETS\n \nUpcoming Events\nExpert Consultation: State of the EU CBAMOctober 12 @ 15:00 - 17:00Stakeholders Meeting: Free allocation conditionality in the EU ETS – Review of the EU ETSOctober 20 @ 15:00 - 17:00Ledger-Based Carbon Accounting – A Learning Workshop with ERCSTOctober 27 @ 10:00 - 12:00Expert Consultation: Integration of Carbon Removals into the EU ETSOctober 29 @ 10:00 - 11:30State of EU ETS – Kick Off with Advisors Groups and PartnersNovember 3 @ 14:00 - 15:00\n\n \nPast Events\nAccounting and Product Standards in RomeOctober 6 @ 09:30 - 11:30Launch Event: Optimization of CBAM De Minimis ThresholdOctober 1 @ 15:00 - 17:00Launch Event: Review of the EU ETS – Managing the EU ETS for DecarbonizationSeptember 22 @ 15:00 - 17:00
URL:https://ercst.org/event/beyond-the-eu-ndc-impact-on-the-eu-ets-outreach-meeting-in-helsinki/
CATEGORIES:Event organised by ERCST
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