ERCST at COP 27 – CBAM

This event took place at COP27 in the Turkey Pavilion. In order to address the risk of carbon leakage from the EU ETS, in July 2021 the European Commission has put forward a proposal for a Carbon Border Adjust Mechanism (CBAM). Over the last fifteen months this proposal has gone through the EU legislative process, […]

External Event: Interaction of Voluntary Carbon Market and Carbon Pricing Policies 

This event was organised by the Turkish Government. It took place at COP27 at the Turkey Pavilion. ERCST's Executive Director Andrei Marcu moderated this panel on carbon markets and carbon pricing policies. He also gave a presentation on the interactions of different carbon pricing instruments, such as CORSIA, ETS, EU CBAM and voluntary carbon markets. […]

External Event: Frontiers in Carbon Pricing

This event is organised by the Harvard Project on Climate Agreements. It took place at COP27 at the Pavilion of the International Emissions Trading Association (IETA).  Some sixty jurisdictions worldwide – including both national and subnational governments – have adopted carbon-pricing policies, largely cap-and-trade systems or carbon taxes. Very few of these policies, however, match […]

CCUS Industrial Partnership: what next?

Participants in the CCUS Forum in Oslo, hosted on 27-28 October, discussed several issues related to a strategic vision for CCUS, CO2 infrastructure, and CCUS industrial partnership. The Forum endorsed […]

Post-COP27: In conversation with Jacob Werksman

At COP26 in Glasgow, Parties finalised and adopted the Article 6 Rulebook and so the Paris Rulebook, exactly 6 years after the adoption of the Paris Agreement. Now, they are faced with the new challenge of implementing such decisions. However, many issues are still on the table to be discussed in Sharm el-Sheikh. J. Werksman, […]

The transition plans: beyond sustainable finance?

The idea of presenting a transition plan – i.e., ensuring that the business model and strategy of the undertaking are compatible with the transition to a sustainable economy and with […]

Certification of hydrogen and hydrogen-based end products

This workstream aims to bring together stakeholders and policymakers on a regular basis to discuss substantive issues around the hydrogen policy and regulatory framework, informed by original intellectual input from […]

State of the European Green Deal year-in-review

This meeting was part of a continuous series organized by ERCST on the European Green Deal. This workstream aims to bring together policymakers and stakeholders on a regular basis to take stock of recent developments in the EGD framework. Beginning of 2022 witnessed the continuation of a trend where climate and environmental policies have had […]

EU ETS Directive after trilogues: Discussion with Beatriz Yordi and roundtable

The ETS has emerged as the backbone of EU Climate Action and, especially in the last two years, as a crucial driver of decarbonisation. The Commission proposal to review the EU ETS Directive aimed at aligning the emissions pathway of the ETS sectors with the new EU climate targets. Throughout the next decade, the ETS […]

EU CBAM after Trilogues: Discussion with Gerassimos Thomas and roundtable

On December 13 the European institutions reached a provisional agreement in the CBAM trilogues. The transitional phase of the Carbon Border Adjustment Mechanism will start in October 2023, with actual implementation starting from 2026. The final details were yet to be concluded at this stage.   This event, which is part of the ERCST CBAM […]

Corporate Sustainability Due Diligence – how to make it work?

The Due Diligence Directive Directive is part of the unfolding EU corporate sustainability landscape which aims at integrating sustainability to strategies and everyday activity of large undertakings. Among them the CSDDD is a special case. It focuses on environmental and human rights impacts of businesses, but it also introduces an obligation for large companies to […]