Preparing the review of the Market Stability Reserve

This meeting is part of an ongoing effort by ERCST to promote a discussion on the review of the Market Stability Reserve (MSR), scheduled in 2021. Building on earlier discussions with stakeholders held in February, March and July 2019, ERCST will present the main findings of its draft paper “Preparing the review of the Market […]

Funding Mechanisms in Phase 4 of the EU ETS

The revision for the fourth phase of EU Emissions Trading System (2021-2030) introduced a number of important changes concerning funding mechanisms in the system. Existing mechanisms – the Solidarity Provision and Article 10c Derogation – were updated, and new instruments – the Modernisation Fund and the Innovation Fund – have been introduced. The delegated regulation […]

Strategic challenges to the EU ETS in the long-term

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 […]

‘Beyond 40%’ – presentation of the draft Report

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 […]

Informal Forum on Article 6 of the Paris Agreement

By invitation only | Madrid This meeting is part of the “Implementation of markets and non-markets provisions in the Paris Agreement” project. The meeting follows the informal forum also held […]

Informal Dialogue on Response Measures

By invitation only | Madrid This meeting is part of the “Response Measures of the Paris Agreement under the UNFCCC process” project, following the informal forum held in adjacent to […]