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 […]
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 two documents prepared by the working groups on the CCUS Vision Strategy and CO2 Infrastructure. However, the industrial partnership concept still requires further reflection. Stakeholders […]
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, […]
This workstream aims to bring together stakeholders, including policymakers and industry on a regular basis to discuss substantive issues around the topic of (C)CfDs, informed by original intellectual input from ERCST. (C)CfDs are discussed as one of the most promising alternatives to foster the deployment of low-carbon industrial technologies. However, it is still uncertain how […]
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 the limiting of global warming to 1.5 °C, in line with the Paris Agreement – will soon turn into a concrete legal obligation. It is […]
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 ERCST. This meeting focused on the following issues: Why is certification of hydrogen and hydrogen-based products important? What is the relation between the different standards […]
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 […]
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 […]
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 […]
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 […]
On December 13th the European Parliament and the Council reached a political agreement to introduce an EU Carbon Border Adjustment Mechanism. Although not part of the initial European Commission Proposal, CBAM will also apply to hydrogen together with cement, iron and steel, aluminium, fertilisers, and electricity. During this meeting we took stock of the implications […]
The ERCST hosted brainstorming meeting with a small group of invited stakeholders and policy makers, which brainstormed on the presentation of the 2023 State of the EU ETS Report. It was the eight annual report on the State of the EU ETS and built on the reports produced by this group of authors, and other […]
2024 State of the EU ETS Report
