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DTSTART:20190331T010000
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BEGIN:VEVENT
DTSTART;TZID=Europe/Paris:20200311T133000
DTEND;TZID=Europe/Paris:20200311T160000
DTSTAMP:20260429T201937
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\nLaunch Event – Carbon Leakage under CBAM and Free AllocationMay 13 @ 10:30 - 12:302026 State of ETS – LaunchMay 20 @ 15:00 - 16:30International Townhall: CBAM in an International ContextJune 23 @ 14:30 - 16:30\n\n \nPast Events\nLaunch Event – 2026 ETS ReviewApril 23 @ 10:00 - 12:00Stakeholder Consultation: CBAM in an International ContextApril 22 @ 15:00 - 17:002026 Review of EU ETS – Stakeholder meetingApril 1 @ 15:00 - 17:00
URL:https://ercst.org/event/brainstorm-on-2020-state-of-the-eu-ets-report/
CATEGORIES:Event organised by ERCST
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Paris:20200311T100000
DTEND;TZID=Europe/Paris:20200311T123000
DTSTAMP:20260429T201938
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\nLaunch Event – Carbon Leakage under CBAM and Free AllocationMay 13 @ 10:30 - 12:302026 State of ETS – LaunchMay 20 @ 15:00 - 16:30International Townhall: CBAM in an International ContextJune 23 @ 14:30 - 16:30\n\n \nPast Events\nLaunch Event – 2026 ETS ReviewApril 23 @ 10:00 - 12:00Stakeholder Consultation: CBAM in an International ContextApril 22 @ 15:00 - 17:002026 Review of EU ETS – Stakeholder meetingApril 1 @ 15:00 - 17:00
URL:https://ercst.org/event/the-european-green-deal-state-of-play/
CATEGORIES:Event organised by ERCST
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Paris:20200305T100000
DTEND;TZID=Europe/Paris:20200305T170000
DTSTAMP:20260429T201938
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\nLaunch Event – Carbon Leakage under CBAM and Free AllocationMay 13 @ 10:30 - 12:302026 State of ETS – LaunchMay 20 @ 15:00 - 16:30International Townhall: CBAM in an International ContextJune 23 @ 14:30 - 16:30\n\n \nPast Events\nLaunch Event – 2026 ETS ReviewApril 23 @ 10:00 - 12:00Stakeholder Consultation: CBAM in an International ContextApril 22 @ 15:00 - 17:002026 Review of EU ETS – Stakeholder meetingApril 1 @ 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
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Paris:20200304T133000
DTEND;TZID=Europe/Paris:20200304T160000
DTSTAMP:20260429T201938
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\nLaunch Event – Carbon Leakage under CBAM and Free AllocationMay 13 @ 10:30 - 12:302026 State of ETS – LaunchMay 20 @ 15:00 - 16:30International Townhall: CBAM in an International ContextJune 23 @ 14:30 - 16:30\n\n \nPast Events\nLaunch Event – 2026 ETS ReviewApril 23 @ 10:00 - 12:00Stakeholder Consultation: CBAM in an International ContextApril 22 @ 15:00 - 17:002026 Review of EU ETS – Stakeholder meetingApril 1 @ 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=UTC:20200116T100000
DTEND;TZID=UTC:20200116T123000
DTSTAMP:20260429T201938
CREATED:20191125T122310Z
LAST-MODIFIED:20191125T122310Z
UID:10010-1579168800-1579177800@ercst.org
SUMMARY:Indirect costs compensation in the EU ETS - revision of the State Aid Guidelines
DESCRIPTION:The state aid guidelines 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 launched two consultations\, a public one and a targeted one\, on the revision of the ‘Guidelines on certain State aid measures in the context of the greenhouse gas emission allowance trading scheme post-2012’.\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. The next step in the process is the publication of the draft guidelines\, which is expected to be published by the end of 2019. This meeting has the intention of discussing the draft guidelines with EU stakeholders.\n  \n[rtec-registration-form] \n \n \nWorkshop Material(s)\nAgenda\nERCST presentation\nPresentation by R. Vermeeren\, European Commission\nPresentation by C. O’Donoghue\, Eurometaux\nPresentation by R. Batier\, Cerame-Unie\n\n \nUpcoming Events\nLaunch Event – Carbon Leakage under CBAM and Free AllocationMay 13 @ 10:30 - 12:302026 State of ETS – LaunchMay 20 @ 15:00 - 16:30International Townhall: CBAM in an International ContextJune 23 @ 14:30 - 16:30\n\n \nPast Events\nLaunch Event – 2026 ETS ReviewApril 23 @ 10:00 - 12:00Stakeholder Consultation: CBAM in an International ContextApril 22 @ 15:00 - 17:002026 Review of EU ETS – Stakeholder meetingApril 1 @ 15:00 - 17:00
URL:https://ercst.org/event/indirect-costs-compensation-in-the-eu-ets-revision-of-the-state-aid-guidelines/
CATEGORIES:Event organised by ERCST
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20191118T130000
DTEND;TZID=UTC:20191118T160000
DTSTAMP:20260429T201938
CREATED:20190709T114237Z
LAST-MODIFIED:20190709T114237Z
UID:10001-1574082000-1574092800@ercst.org
SUMMARY:EU ETS outlook in Phase 4:  Assessment of policy options for EU climate policy & ‘Preparing for the MSR review’
DESCRIPTION: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.\nThe key questions we will try to answer are: \n\nis the EU ETS ‘fit for life’?\nwill it continue playing a key role in the EU decarbonisation strategy?\nwhat reforms might be needed for it to remain a ‘cornerstone’ of the EU climate action?\n\nTo provide more clarity on these issues\, the meeting will be divided in two parts\, where two publications by ERCST and Sitra will be presented: \n\nPaper presentation by Sitra ‘The role of the EU ETS in increasing EU climate ambition: Assessment of policy options’;\nERCST paper launch ‘Preparing the review of the Market Stability Reserve (MSR)’.\n\nThe first session will focus on some key policy options that might be taken during the EU ETS Phase 4\, in order to align the EU ETS framework with the Paris Agreement targets. The discussion will be based on Sitra’s publication ‘The role of the EU ETS in increasing EU climate ambition: Assessment of policy options’.\nThe second session will focus on the review of the MSR scheduled in 2021\, with the launch of ERCST paper ‘Preparing the review of the MSR’. This paper aims at providing an independent contribution to the policy debate\, and outlines what elements the MSR review should include\, how the review should be structured\, and what indicators and data should be monitored towards 2021.\n  \n[rtec-registration-form] \n \nWorkshop Material(s)\nAgenda\n\nSitra presentation\nERCST presentation\n \nRelated Events\nLaunch Event – Carbon Leakage under CBAM and Free AllocationMay 13 @ 10:30 - 12:302026 State of ETS – LaunchMay 20 @ 15:00 - 16:30International Townhall: CBAM in an International ContextJune 23 @ 14:30 - 16:30\nLaunch Event – 2026 ETS ReviewApril 23 @ 10:00 - 12:00Stakeholder Consultation: CBAM in an International ContextApril 22 @ 15:00 - 17:002026 Review of EU ETS – Stakeholder meetingApril 1 @ 15:00 - 17:00
URL:https://ercst.org/event/preparing-the-review-of-the-market-stability-reserve-paper-launch/
CATEGORIES:Event organised by ERCST
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20191118T094500
DTEND;TZID=UTC:20191118T120000
DTSTAMP:20260429T201938
CREATED:20191009T151010Z
LAST-MODIFIED:20191009T151010Z
UID:10008-1574070300-1574078400@ercst.org
SUMMARY:Strategic challenges to the EU ETS in the long-term
DESCRIPTION: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 as the goal of carbon neutrality by 2050 being supported by increasingly more Member States. These developments can also be international\, such as the ongoing efforts to finalise an agreement of Article 6 of the Paris Agreement\, or efforts by other countries to reduce their emissions\, including developing carbon pricing initiatives\, as well as the level of ambition of other countries.\nIn light of such developments\, it is useful to think about the EU ETS both in the 2030-timeframe\, as well as in the longer-term\, and explore how it could adapt and address issues that emerge. A first brainstorm session was organised by ERCST on September 27\, which had the intention to discuss\, and discover\, key issues\, if any\, that would need to be explored\, as well as possibly identify work that may need to be done in the medium to long-term to help the EU ETS remaining resilient\, relevant and acceptable.\nAfter that meeting\, ERCST produced a reflection note\, which in no way is intended as a summary or conclusions of this session\, but should be seen as general reflections from ERCST on the issues that were discussed\, and an exploration of their articulation with the EU ETS.\nThese issues include: \n\nReview and revision of the Market Stability Reserve responding to market developments;\nAddressing competitiveness concerns in the long-term by introducing carbon border adjustments and operationalising Article 30;\nExploring the role of using domestic offsets through operationalising Article 24a;\nExploring options for international links with the EU ETS;\nManaging policy fragmentation through effective governance;\nExplore mechanisms to incentivise the deployment of Carbon Dioxide Removal Technologies.\n\nDuring this meeting\, we will continue to discuss these\, and other\, issues\, and identify any work that should be done. \n[rtec-registration-form] \n \nWorkshop Material(s)\nFinal Agenda\nERCST Presentation\nLiv Rathe (NorskHydro) Presentation\nReflection Note \n\n\n \nRelated Events\nLaunch Event – Carbon Leakage under CBAM and Free AllocationMay 13 @ 10:30 - 12:302026 State of ETS – LaunchMay 20 @ 15:00 - 16:30International Townhall: CBAM in an International ContextJune 23 @ 14:30 - 16:30\nLaunch Event – 2026 ETS ReviewApril 23 @ 10:00 - 12:00Stakeholder Consultation: CBAM in an International ContextApril 22 @ 15:00 - 17:002026 Review of EU ETS – Stakeholder meetingApril 1 @ 15:00 - 17:00
URL:https://ercst.org/event/strategic-challenges-to-the-eu-ets-in-the-long-term/
CATEGORIES:Event organised by ERCST
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20190616
DTEND;VALUE=DATE:20190617
DTSTAMP:20260429T201938
CREATED:20190311T080726Z
LAST-MODIFIED:20190311T080726Z
UID:9986-1560643200-1560729599@ercst.org
SUMMARY:Informal Forum on Article 6 of the Paris Agreement
DESCRIPTION:By invitation only | Bonn\nThis meeting is part of the “Implementation of markets and non-markets provisions in the Paris Agreement” project. The meeting followed the informal forum held in Glion at the beginning of March\, and was in adjacent to SB 50. It aimed to create an informal atmosphere\, to explore\, discover\, explain and understand the different points of view related to the issues surrounding Article 6 of the Paris Agreement. Discussions focused on the issues surrounding ITMOs and Corresponding Adjustments\, as well as the integration of Sustainable Development and CDM Transition. The session ended with looking at the way forward for the ongoing SB 50 and the upcoming session at COP 25 in Santiago. \n\nWorkshop Material(s)\nAgenda \nDefinition of ITMOs\nPresentation by A. Marcu\nPresentation by S. Closson\n\nFlow of Tracking ITMOs\nPaper on Flow of ITMOs\nPresentation by S. Chotevitayatarakorn\nPresentation by Y. Mizuno\n\nIntegrating Sustainable Development\nPresentation by K. Olsen and M. Verles\nArt. 6.4: Avoiding the Use of Emissions Reductions by More Than One Party\nPaper on Possible Interpretations of Corresponding Adjustments\nCDM Transition\nPresentation by M. Stanley Peters\n \n \nRelated Events\nLaunch Event – Carbon Leakage under CBAM and Free AllocationMay 13 @ 10:30 - 12:302026 State of ETS – LaunchMay 20 @ 15:00 - 16:30International Townhall: CBAM in an International ContextJune 23 @ 14:30 - 16:30\nLaunch Event – 2026 ETS ReviewApril 23 @ 10:00 - 12:00Stakeholder Consultation: CBAM in an International ContextApril 22 @ 15:00 - 17:002026 Review of EU ETS – Stakeholder meetingApril 1 @ 15:00 - 17:00
URL:https://ercst.org/event/informal-forum-on-article-6-of-the-paris-agreement-by-invitation-only-bonn/
CATEGORIES:Event organised by ERCST
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