ERCST

CBAM Global Townhall 2022
2022-02-22 14:00 - 16:30 UTC
The European Commission put forward a proposal for a Carbon Border Adjustment Mechanism (CBAM) – an enabler of ambitious climate policy in a world of unequal ambition. As other countries respond to the climate crisis, we can expect to see them follow suit.
Ideally there would be international coordination of these emerging policies; they have high-stakes implications for international trade, international equity, climate diplomacy. Some have suggested that BCAs could be an essential element of “climate clubs”, acting both as a common tariff-like wall, and as incentive to join. Others have called for international agreement on principles and best practice.
This session, convened by ERCST on the basis of its extensive work on the EU CBAM, brought together global thought leaders that have explored this critical aspect of CBAM/BCA, unpacking the proposals and considering the options.
ERCST’s project on border carbon adjustment is supported by BDI, CEFIC, EBRD, Électricité de France, Enel, Eurofer, Eurometaux, ExxonMobil, Fertilizers Europe, FuelsEurope, Grupa Azoty, HeidelbergCement, the Government of France, the Government of Germany, the Government of Spain, Metinvest and Solvay.
Agenda ERCST Slides DG TAXUD Slides CSPA Slides Hydro Slides

State of the EGD: two years after
2022-02-16 14:00 - 16:00 UTC | online
This session intended to look at State of the EGD after two years, after some of the Draft Parliament opinions had been issued, and in light of the international situation after COP 26, but ahead of the global stocktake in 2023.
During this session, we reflected upon the following questions:
– Do you think it is possible to conciliate the growing tensions among different policies (simultaneously reducing emissions, keeping prices low and guaranteeing security of supply) in the framework of an ambitious fit for 55 package? Is the proposed Fit for 55 realistically implementable?
– What are the alternatives to achieve this conciliation without incurring in an excesive use of regulation?
– Do you think the political willignes to broaden the technological arsenal to achieve the EU 2030 and 2050 targets is different today when compered to the general sentiment at the time the EGD communication was first launched two years ago?
Agenda

Price signal for carbon and impact on decarbonisation
2022-02-09 10:00 - 11:30 UTC
The discussion focused on the current EUA price level and their impact on decarbonisation efforts, both in industrial sectors, as well as other sectors of the economy. The reaction in the EU seems to vary depending on sectors and EU Member States. Some sectors see the very rapid price increase as beneficial and supportive of decarbonisation effort, while other sectors make the case that this pace drains resource from decarbonisation efforts while the pace of set turnover cannot be sped up. This is an important topic that will help inform the discussion especially on EU ETS review, as well as other parts of the Fit for 55 package.
Agenda ERCST Slides Eurometaux Slides

Informal Forum on Implementation of Article 6 of the Paris Agreement – February 2022
2022-02-08 13:00 - 15:30 (Europe/Paris)
This meeting was part of the ERCST initiative, which aims to create an informal atmosphere, where the main objective is to explore, discover, explain and understand different points of view related to the issues in Article 6 of the Paris Agreement. That is, to understand the options available to define rules, modalities and procedures on Article 6 of the Paris Agreement, as well as the consequences of adopting each option.
Since 2014, ERCST has been hosting an ‘informal dialogue’ between negotiations as part of the “Implementation of market and non-market provisions in the Paris Agreement” project , informed by a few selected experts.

Hydrogen: completing the regulatory puzzle
2022-01-28 10:00 - 12:30 UTC
Drawing on the lessons of a previous stock-take on the topic discussed in December 2021, this meeting intended to identify main gaps in the current EU regulatory framework for hydrogen following the publication of the hydrogen and decarbonized gas market package and other relevant legislative acts, such as the Delegated Act on Renewable Fuels of non-Biological Origin (RFNBO).
This meeting reflected upon the following questions:

Has the Commission proposed a comprehensive regulatory framework that supports the creation of a hydrogen economy in the EU? If not, what are the missing pieces?
What are those elements of the regulation that despite being included may act as a bottle neck or slow the pace of deployment of a hydrogen economy?
Are we making an excessive use of regulation vis a vis market-based instruments such as carbon pricing?
Is there a comprehensive definition for low carbon hydrogen that supports investments in this technological landscape?
Does the delegated act on RFBOs act as a bottleneck for the deployment of a hydrogen economy?

Draft Agenda ERCST Slides ERCST Publication

Just Transition Governance and Financing across EU Member States
2022-01-27 14:30 - 16:30 UTC
Sustainable development considers economic, social, and environmental matters holistically. Just Transition intends to counter the idea that valuing social aspects of sustainable development and caring for the environment are mutually exclusive goals.
In this context, ERCST decided to further analyse the social implications of the environmental transition, both at a global and an EU level. At EU level, the climate ambition under the EGD (-55% in 2030 and climate neutrality in 2050) will have social impacts spread unevenly. The EU is thus trying to make this transition fair, leaving no one behind.
This meeting will be an opportunity to take stock and unpack the governance of Just Transition initiatives across EU Member States by answering the following questions:

What is the EU already doing on Just Transition? Taking stock of the measures in place: mechanisms, funds, fiscal reforms.
What is the Just Transition governance and financing structure at Member State level?
Who is in charge of the preparation of the national and territorial just transition plans (TJTP) and what is their state?
What is working and what is not in the EU Just Transition governance?

Workshop Materials:
Agenda
ERCST Presentation
Bankwatch Presentation
Slovak Republic Presentation
University of Economics in Katowice (Poland) Presentation
Spain Presentation
Results of the slido poll

EU Taxonomy: extension framework and interplay with transition pathways
2022-01-26 14:00 - 16:00 UTC | online
This meeting will take the form of a working group. A diverse group of stakeholders will discuss specific elements of the EU sustainable finance agenda. This meeting is dedicated to the topic of EU Taxonomy and industrial transition.
The 2 working groups will discuss:

The EU Taxonomy extension framework: nuclear, gas, significantly harmful (SH) and no significant impact (NSI) activities
EU Taxonomy interplay with transition pathways

Agenda

This event is by invitation only and for more information you can contact pcesaro@ercst.org.

ETS Revision for Phase IV: Draft Report by the rapporteur in the ENVI Committee
2022-01-21 10:00 - 11:30 UTC
As the responsible committee for the Revision of the EU ETS, the ENVI Committee and more specifically, the rapporteur of the file Peter Liese, has published its draft report on 14 January.
The roundtable discussed key takeaways from the draft report by the rapporteur from the responsible committee in the European Parliament and provide an opportunity to exchange views on how the draft report addresses concerns from different stakeholders.
This event featured officials from the European Parliament, more specific the ENVI Committee which was appointed as the responsible committee for the Revision of the EU Emissions Trading System. The webinar included a presentation by the rapporteur of the main elements of their draft report followed by a discussion with relevant stakeholders.
Workshop Materials:
Agenda
Recording

Presentations:
Comments on Liese’s report by L. Rathe – Hydro.

Border Carbon Adjustment in the EU: EP draft position
2022-01-12 14:00 - 16:00 UTC
The European Green Deal has strengthened the level of climate ambition, increasing the asymmetry of climate efforts by aiming to achieve climate neutrality in the European Union by 2050. This raises the question of how to deal with competitive pressure and carbon leakage, also considering the COP26 outcomes and pushing Border Carbon Adjustments (BCAs) to the front as a possible unilateral solution.
Since the beginning of the CBAM Project, ERCST presented the Sectoral CBAM Report with a deep dive into the specificities of individual sectors as well as issues and options of the general CBAM Design. It was followed by the Proposal and discussed with multiple stakeholders in the EU and internationally. The reactions to the EU Proposal were presented in September together with the Brief for Policy Makers.
Now the EU institutions are presenting their positions. European Parliament after the Own Initiative exercise is starting the discussion on the Report which will lead to formulation of the negotiating position and ultimately to the shape of the EU CBAM in the trilogues later in the year.
ERCST’s project on border carbon adjustment is supported by BDI, CEFIC, EBRD,
Électricité de France, Enel, Eurofer, Eurometaux, ExxonMobil, Fertilizers Europe, FuelsEurope, Grupa Azoty, HeidelbergCement, the Government of France, the Government of Germany, the Government of Spain, Metinvest and Solvay.

Workshop materials
Draft Agenda
ERCST Presentation
Eurometaux Presentation

Paper launch: framework for the CBAM policy tools
2021-12-15 14:00 - 16:00 UTC | online
Registration
The European Green Deal has strengthened the level of climate ambition, increasing the asymmetry of climate efforts by aiming to achieve climate neutrality in the European Union by 2050. This raises the question of how to deal with competitive pressure and carbon leakage, also considering the COP26 outcomes and pushing Border Carbon Adjustments (BCAs) to the front as a possible unilateral solution.
Since the beginning of the CBAM Project, ERCST presented the Sectoral CBAM Report with a deep dive into the specificities of individual sectors as well as issues and options of the general CBAM Design. It was followed by the Proposal and discussed with multiple stakeholders in the EU and internationally. The reactions to the EU Proposal were presented in September together with the Brief for Policy Makers.
Now the ERCST Team wants to present the Framework for the Policy Tools and examine the Border Adjustment Mechanism in the plethora of Fit for 55 legislative measures.
ERCST’s project on border carbon adjustment is supported by BDI, CEFIC, EBRD, Enel, Eurofer, Eurometaux, Fertilizers Europe, FuelsEurope, HeidelbergCement, the Government of France, the Government of Germany, the Government of Spain, Metinvest, Solvay and SITRA.
Workshop materials:
Draft Agenda
ERCST CBAM Report P2R4
ERCST Presentation
Presentation CBAM Neuhoff

The State of the European Green Deal: end of year summary
2021-12-14 14:00 - 16:00 (Europe/Paris)
REGISTER
This meeting is part of a continuous series organized by ERCST on the European Green Deal, which started on 8 January 2020 right after the European Commission’s EGD was announced. This work stream aims to bring together policymakers and stakeholders on a regular basis to take stock on recent developments in the EGD framework.
This meeting aims to encourage a discussion on how climate policies impact the transition and its sustainability and how they influence energy policy offering an end of year summary. Initially the meeting was planned for November 29th.
Workshop materials:
DRAFT agenda
Paper State-of-the-EGD-Making-Europe-Fit-for-55
ERCST presentation – EGD

Hydrogen and decarbonised gas market package
2021-12-03 10:00 - 12:00 UTC | online
This is a hybrid meeting by invitation only, if you wish to participate please contact: Antonio Fernandez
This new workstream aims to bring together stakeholders, including policymakers and industry on a regular basis to discuss substantive issues around the topic of hydrogen, informed by original intellectual input from ERCST.
This meeting will take stock of the main gaps in the current EU regulatory framework after the Fit for 55 Package first round of publications and how the revision of the hydrogen and decarbonized gas market package and other relevant legislative acts, such as the Delegated Act on Renewable Fuels of non-Biological Origin (RFNBO) will address them.
Natural gas, i.e. fossil methane constitutes around 95% of today’s gaseous fuels consumed in the EU. While the EC has already expressed that energy efficiency related measures and electrification will play a fundamental role to reduce emissions, in certain areas, gaseous fuels will remain present in the EU energy system. According to the Climate Target Plan Impact Assessment, the share of gaseous fuels to total EU energy consumption in 2050 would be about 20%. The EC is therefore looking at policies that facilitate a progressive phase out of unabated use of fossil gasses via gradual replacement of natural gas and the uptake of renewable and low-carbon gases.
Proposals unveiled by the Commission on July 14th have laid the foundations of a specific regulatory framework, albeit still incomplete, to promote investments in renewable hydrogen. Conversely, and pending the revision of the hydrogen and decarbonized gas market package, it seems that the Commission intends to leverage carbon pricing and the EU Taxonomy to boost demand and supply of other types of hydrogen.
Looking at the relationship between regulation and the hydrogen value chain, the Fit for 55 package first round of publications addressed fundamental questions, mainly covering demand and supply of hydrogen while key regulatory issues for hydrogen transportation and transportation infrastructure have not been fully covered so far. The hydrogen and decarbonized gas package will shed more light on important regulatory missing pieces of the hydrogen puzzle such as for example, the repurposing of current gas networks to transport hydrogen, the blending of hydrogen with natural gas, the planning of networks and retail markets or the protection of consumers and the security of the energy market.
This meeting will focus on:

What is in the revision of the package for hydrogen?
Will there be a comprehensive regulatory framework for hydrogen in the EU after the package? What are the missing pieces?
Has the right balance between regulation and market-based instruments been achieved?
What are the key KPIs to assess if the regulation is delivering the desired outcome?
Within this framework, how should additionality be designed and defined?

10:00 Welcome and introduction

A. Marcu, Director of ERCST

10:05 Background to the discussions, what to expect from the package and missing pieces

A. Fernandez, ERCST

10:20 Chair

O. Imbault, ERCST

Key regulatory developments and missing pieces

M. Moraschi, Enel
C. Jones, FSR
A. Laszlo-Orth, E.ON
V. Palmisano, SNAM
A. Scheuer, IOGP

11:20 First round of discussions and Q&A
12:00 End of the meeting
Workshop Materials:
20211125 Agenda v7
20210913 ERCST_Background Presentation Fit for 55 and Hydrogen v5
IOGP presentation – ERCST 04-12[1] copy
20211203 ERCST_Presentation_Meeting v4
Implications of the fit for 55 package on the EU hydrogen economy paper v14

Addressing Competitiveness in Industrial Decarbonization
2021-11-29 10:00 - 12:00 UTC
REGISTER
This event aims at discussing the future of the free allocation regime in the EU and the role of the ETS in encouraging abatement in the EU industrial sectors. Particularly, speakers will be encouraged to share their views on the following topics:

The impact of the Fit for 55 package on the EU industry competitiveness
The future of the free allocation regime and the consequences for EU businesses
The role of Carbon contract for differences and ETS funds in promoting industrial decarbonization
The Commission proposal to limit the size of the MSR to 400 million allowances
The desirability of flexibility mechanisms for installations when complying with ETS obligations

Workshop materials:
Agenda

Article 6 Community Center: post-COP26 reflections on Article 6 of the Paris Agreement
2021-11-24 13:00 - 14:30 UTC
REGISTER
This meeting is part of a series of webinars which are part of ERCST’s work stream on Article 6 of the Paris Agreement. Our aim is to bring together a broader community, beyond the UNFCCC negotiators, which is interested in Article 6. We hope to catalyse an exchange of information and experiences by organising webinars and hosting an Article 6 Library on our website.
This webinar is an opportunity for the wider Article 6 community to hear leading Article 6 negotiators reflect on COP26 and the outcome on Article 6.
There will be plenty of opportunity for Q & A during the session
Workshop Material
Draft Agenda

How to make the EU Taxonomy an international tool?
2021-11-23 13:30 - 15:45 (Europe/Paris) | online
Registration link
ERCST workstream on sustainable finance (SF) aims at bringing together relevant stakeholders on a regular basis to discuss substantive issues, informed by original intellectual input from ERCST.
This webinar will gather a diverse panel to discuss the challenge of making the EU Taxonomy an international tool, as well as launching ERCST report: “The EU economic transition challenge. EU Sustainable finance and Taxonomy developments: implications for the economic transition and impact on other policies”

Agenda
Webinar note
PPT presentation
Report

13:30 Welcome and introduction

A. Marcu, Director of ERCST

13:40 Opening remarks & discussion

S. Kidney, CBI

Discussion with A. Marcu and M. Mehling

14:10 Outline of the state of play of SF agenda and presentation of ERCST report

O. Imbault, ERCST
P. Cesaro, ERCST

14:30 Roundtable discussion on EU Taxonomy international uptake

Chair

O. Imbault, ERCST

Panelists

S. Fatica, European Commission
V. van Hoorn, Eurosif
R. Youngman, OECD
C. Neo, Monetary Authority of Singapore
J. Sulaeman, National University of Singapore

15:30 Concluding remarks

Post-COP26 Briefing in Brussels
2021-11-18 15:00 - 16:30 UTC | online
Watch video
This event will be an opportunity to take stock of what happened at COP 26 in Glasgow with Elina Bardram, Acting Director, International, Mainstreaming and Policy Coordination at DG Clima, EC. As different discussions are being concluded this week, we can already say that this was an important COP, bringing together a new set of ideas to the Paris Agreement implementation and the international climate cooperation.
Workshop Materials:
Draft Agenda Post COP26 briefing

The ETS for road transport and buildings: Why yes? Why not?
2021-11-18 13:00 - 15:00 UTC
REGISTER
This event aims to tackle the most important issues associated with the new ETS by answering the following questions:

Is Carbon Pricing the right tools to decarbonize these sectors?
What are the other non-price-based tools to decarbonize these sectors while also ensuring policy consistency across member states?
How can the impact on households be mitigated? What is the potential role of ETS revenues? Is the Climate Action Social Fund enough?
Will these new ETS be combined with the original ETS?

Workshop materials:
Agenda

COP26 Side Event 'Reporting on the Impacts of Response Measures: Case Study in Ghana'
2021-11-03 18:00 - 19:30 UTC | Scottish Event Campus, Business Hub IETA Side Event Room, Hall 5 on Ground Floor , Exhibition Way, Glasgow G3 8YW, United Kingdom, Glasgow, United Kingdom
During this meeting, the European Roundtable on Climate Change and Sustainable Transition (ERCST) will present the final results and main findings of the project “Reporting on the Impacts of Response Measures: Case Study in Ghana”, which was jointly implemented with the Environmental Protection Agency of Ghana. The main objective of the project is to identify, measure and analyze the impacts of the implementation of response measures in Ghana. The work has been undertaken as a “live” iterative activity, with work done, followed by webinars with local stakeholders and response measures negotiators, in order to gather feedback, refine the methodology and foster capacity building among relevant stakeholders.
The event will start with the presentation of the methodology, process followed, and data challenges encountered, as well as the details of the modelling exercise which will be presented by University of Hohenheim. Afterwards the main findings of the different steps of the case study and results from the modelling will be presented along with its implications on the Ghanaian economy. Lastly, invited speakers will provide reactions to the case study and stress its relevance for the advancement of the work of KCI and the Forum. This will also be an opportunity to discuss the continuity of the development of country case studies on reporting the impacts and identifying the opportunities of response measures.
This is an in-person COP26 side event in Glasgow. The address is: Scottish Event Campus (SEC), Business Hub IETA Side Event Room, Hall 5 on Ground Floor
Workshop Materials
Agenda
Report
Presentation

ERCST’s COP26 side event on Article 6 of the Paris Agreement
2021-11-02 17:30 - 19:00 UTC | Scottish Event Campus – IETA Business Hub, Business Hub IETA Side Event Room, Hall 5 on Ground Floor , Exhibition Way, Glasgow G3 8YW, United Kingdom, Glasgow, United Kingdom
During this event, the Roundtable on Climate Change and Sustainable Transition (ERCST) invites a group of leading Article 6 negotiators to discuss potential outcomes on Article 6 and how it relates to the wider outcome in Glasgow.
COP26 is considered to be an important opportunity to give new momentum to international climate negotiations. Article 6 of the Paris Agreement is the only element that has not been agreed on, and everyone feels that without it the Paris Agreement is incomplete in spirit. It also has implications for the completion of other important files such the Transparency Framework under the Paris Agreement.
In the run op to COP26, a lot of effort has been put into resolving issues under Article 6 of the Paris Agreement including informal technical expert dialogues organised by the SBSTA Chair and ministerial meetings convened by the COP26 Presidency, as well as ERCST’s informal dialogue on Article 6.
This event is an opportunity for taking stock of all these efforts to discuss the general sense of Article 6 negotiators on potential solutions and how a package could look like.
This is an in-person COP26 side event in Glasgow. The address is: Scottish Event Campus (SEC), Business Hub IETA Side Event Room, Hall 5 on Ground Floor
Workshop Materials
Agenda

ELECTRICITY PRICES IN THE EU - The balance between regulation and markets
2021-10-19 09:30 - 12:00 UTC | online
Register Here
This event, which is the first one of a series addressing this topic, will identify:

The issues & reasons behind the increase in electricity prices,
Possible solutions to the current situation and best practices to reinject carbon dividends into the market to protect vulnerable households while still incentivizing the rapid deployment of renewables in the power sector,

Workshop materials:
Agenda
ICIS Presentation

Cooperation on Border Carbon Adjustments
2021-10-18 14:00 - 16:00 UTC | online
The European Commission has put forward a proposal for a Carbon Border Adjustment Mechanism (CBAM) – an enabler of ambitious climate policy in a world of unequal ambition. As other countries respond to the climate crisis, we can expect to see them follow suit. Indeed, the UK has pledged to put a CBAM in place, the US has seen a slew of legislative proposals (including the most recent which does not demand a carbon price), and Canada has just announced formal consultations on a border carbon adjustment (BCA).
Ideally there would be international coordination of these emerging policies; they have high-stakes implications for international trade, international equity, climate diplomacy. Some have suggested that BCAs could be an essential element of “climate clubs”, acting both as a common tariff-like wall, and as incentive to join. Others have called for international agreement on principles and best practice.
This session, convened by ERCST on the basis of its extensive work on the EU CBAM, will bring together global thought leaders that have explored this critical aspect of CBAM/BCA, unpacking the proposals and considering the options.
ERCST’s project on border carbon adjustment is supported by BDI, CEFIC, EBRD, Enel, Eurofer, Eurometaux, Fertilizers Europe, FuelsEurope, HeidelbergCement, the Government of France, the Government of Germany, the Government of Spain, Metinvest, Solvay and SITRA.

Workshop Material(s)

Draft-Agenda
Survey slides

Carbon Contracts for Difference (CCfD)
2021-10-13 10:00 - 12:00 (Europe/Paris)
Register Here
This new work stream aims to bring together stakeholders, including policymakers and industry on a regular basis to discuss substantive issues around this topic, informed by original intellectual input from ERCST.
CCfD are being discussed as one of the most promising options to foster the deployment of low-carbon industrial technologies. CCfD are one way to minimize the revenue uncertainty attached to investments in low-carbon technologies, such as renewable and low-carbon hydrogen, which are still not cost competitive with other more polluting production pathways.
This meeting will look in further detail to CCfD as an instrument to enhance the decarbonization of some parts of the EU industry.

Workshop Materials
20210920 Agenda v7
20211013 – EUROFER – ERCTS – CCFD copy
Commercialisation Contracts (McWilliams, ERCST)v2 – Read-Only
CCfD – AL ERCST 13.10.2021 copy
20211013ERCST_Presentation_Meeting v5

EU-Turkey Climate Policy Dialogue: Deep dive on CBAM, ETS and the Just Transition Mechanism
2021-10-06 10:00 - 15:00 (Europe/Paris)
This workshop is part of the project EU – Turkey Climate Policy Dialogue for civil societies. The overall objective of the project is to establish a sustained dialogue between Turkish and EU CSOs, private actors and public institutions on the articulation of Climate Change policy between the EU and Turkey and climate policy development in general.
During this workshop the project team will give an overview of the project, as well as the objectives and activities that will be undertaken as part of the project. The project team will then present the first results of the research, highlighting the recent climate policy developments that have taken place in the EU. It will be an opportunity for local Turkish CSOs and stakeholders to highlight additional elements they would like to see as part of this project, and what kind of format and topics they would like to touch upon in the next workshops.
The EU – Turkey Climate Policy Dialogue project is part of the sixth phase of the Civil Society Dialogue Programme (CSD-VI) which is funded by the European Union and coordinated by the Turkish Directorate for EU Affairs.

This event is by invitation only, if you are interested please email mmonciatti@ercst.org
This event will take place in hybrid format, both online and in-person.

Workshop Material(s)
Agenda
ERCST’s Just Transition Presentation
ERCST’s Presentation EU CBAM and implications for Turkey
Turkish Ministry of Trade Presentation Green Deal Action Plan
EBRD’s Presentation
Event Recording

Impacts of the EU Taxonomy and implications for the EU sustainable transition
2021-09-29 14:00 - 16:00 (Europe/Paris) | University Foundation, Rue d’Egmont, 11, Brussels, 1000, Belgium
Registration link
ERCST workstream on sustainable finance (SF) aims at bringing together relevant stakeholders on a regular basis to discuss substantive issues. ERCST has the objective to provide well though input to the SF discussion, benefitting from a multi-stakeholder debate. This event will gather a diverse panel to discuss the challenge of making the EU Taxonomy work in a transition context, where it will interact with other sustainable finance & environmental policies. ERCST conducted, throughout the summer, a survey on this topic and will present its preliminary findings during the event.

Workshop Material(s)

Agenda and background information
ERCST presentation

(14:00) Welcome and introduction

A. Marcu, Director of ERCST

(14:10) Opening remarks & discussion

R. Litterman, Chair of the former Climate-Related Market Risk Subcommittee of the Market Risk Advisory Committee (U.S. Commodity Futures Trading Commission)

Discussion with A. Marcu (ERCST) & M. Mehling (MIT)

(14:50) Outline of the state of play of SF agenda & ERCST takeaways on the survey

O. Imbault, ERCST
P. Cesaro, ERCST

(15:00) Roundtable discussion on EU Taxonomy impacts and implications on the EU sustainable transition
Chair

O. Imbault, ERCST

Panelists

D. Blanchet, ESMA
A. Lehmann, Bruegel
F. Klinkhammer, VBA
J. Macura, Cefic

(15:55) Concluding remarks
Upcoming Events
Product Standards in the EU – Stakeholder consultationJanuary 12 @ 14:30 - 16:30Stakeholder Roundtable: 2026 State of the EU ETS ReportJanuary 13 @ 10:00 - 12:00Focus Group: EU CBAM Legislative ProposalJanuary 13 @ 15:00 - 16:30Stakeholder consultation- EU’s Road Transport Decarbonization Policy: Innovative Policy Approaches for Industrial CompetitivenessJanuary 15 @ 14:30 - 16:30Debate – Industrial Decarbonisation Accelerator Act: will it be the signal for hydrogen demand to emerge?January 22 @ 15:00 - 17:00

Past Events
Discussion – Public consultation on CO2 markets and infrastructureDecember 16 @ 10:00 - 11:30Launch event – Towards a comprehensive hydrogen infrastructure – Assessing progress and addressing gapsDecember 11 @ 15:00 - 17:00Launch Event: EU ETS – CBAM Strawman ReportDecember 9 @ 10:00 - 12:00

Assessing the impacts of international Response Measures in Ghana
2021-09-27 15:00 - 17:00 (Europe/Paris)
This webinar is part of the project “Reporting on the Impacts of Response Measures – a case study on Ghana”, jointly organised by ERCST and the Environmental Protection Agency of Ghana.
ERCST and the EPA in Ghana have been working together on identifying, measuring and analysing the impacts of the implementation of response measures in Ghana. To foster capacity building and stakeholder participation, virtual workshops are being organized at each stage of the development of the case study.
In previous steps of the project ERCST carried out an analysis of the Ghanaian economy to understand what the most vulnerable sectors to international mitigation policies are. As a result, 12 sectors were identified, including oil, fishing, tourism, aluminum and manganese. Afterwards, specific response measures were associated to each of the 12 vulnerable sectors, such as IMO, CORSIA and the EU CBAM.
At this stage of the project, a quantitative assessment of the impacts that the identified response measures could have on certain Ghanaian economic activities will be performed. The analysis will be conducted via a Computable General Equilibrium Analysis (CGE Model).
During this webinar, the approach and modelling will be presented and reactions from Ghanaian stakeholders will follow. Lastly, ERCST will moderate a roundtable discussion with the attendees with the aim of gathering feedback on the methodology, leveraging local knowledge.
This meeting is under Chatham House Rules
Participation to this event is by invitation only. If you wish to participate, please contact Marina at mmonciatti@ercst.org
Workshop Material(s)
Agenda
ERCST Presentation
University of Hohenheim Presentation

Launch of the ERCST Guide to the EU CBAM
2021-09-27 13:00 - 15:00 UTC | online
The European Green Deal has strengthened the level of climate ambition, increasing the asymmetry of climate efforts by aiming to achieve climate neutrality in the European Union by 2050. This raises the question of how to deal with competitive pressure and carbon leakage, pushing Border Carbon Adjustments (BCAs) to the front as a possible solution.
Since the beginning of the CBAM Project, ERCST presented the Sectoral CBAM Report with a deep dive into the specificities of individual sectors as well as issues and options of the general CBAM Design. It was followed by the Proposal and discussed with multiple stakeholders in the EU and internationally.
During this meeting the ERCST will present the reaction to the CBAM Proposal based on the earlier studies of CBAM design and redlines.

ERCST’s project on border carbon adjustment is supported by BDI, CEFIC, EBRD, Enel, Eurofer, Eurometaux, Fertilizers Europe, FuelsEurope, HeidelbergCement, the Government of France, the Government of Germany, the Government of Spain, Metinvest, Solvay and Finnish Innovation Fund Sitra.

Workshop Material(s)

ERCST Guide to the EU CBAM
EU CBAM Brief for Policy Makers
Draft Agenda

Article 6 Community Center: Voluntary Carbon Markets and Article 6 of the Paris Agreement
2021-09-22 13:00 - 14:30 (Europe/Paris)
This meeting is part of a series of webinars which are part of ERCST’s work stream on Article 6 of the Paris Agreement. Our aim is to bring together a broader community, beyond the UNFCCC negotiators, which is interested in Article 6. We hope to catalyse an exchange of information and experiences by organising webinars and hosting an Article 6 Library on our website.
This webinar is an opportunity for the wider Article 6 community to better understand the relationship between voluntary carbon markets and post-2020 international carbon markets under Article 6 of the Paris Agreement.
There will be plenty of opportunity for Q & A during the session
Workshop Material
Agenda
Recording

Presentations
ERCST’s Article 6 Community Center “Voluntary markets and Article 6 of the Paris Agreement’ by O. Hewlett
Voluntary Carbon Markets and Article 6 of the Paris Agreement by D. Antonioli

Upcoming Events
Product Standards in the EU – Stakeholder consultationJanuary 12 @ 14:30 - 16:30Stakeholder Roundtable: 2026 State of the EU ETS ReportJanuary 13 @ 10:00 - 12:00Focus Group: EU CBAM Legislative ProposalJanuary 13 @ 15:00 - 16:30Stakeholder consultation- EU’s Road Transport Decarbonization Policy: Innovative Policy Approaches for Industrial CompetitivenessJanuary 15 @ 14:30 - 16:30Debate – Industrial Decarbonisation Accelerator Act: will it be the signal for hydrogen demand to emerge?January 22 @ 15:00 - 17:00

Past Events
Discussion – Public consultation on CO2 markets and infrastructureDecember 16 @ 10:00 - 11:30Launch event – Towards a comprehensive hydrogen infrastructure – Assessing progress and addressing gapsDecember 11 @ 15:00 - 17:00Launch Event: EU ETS – CBAM Strawman ReportDecember 9 @ 10:00 - 12:00

Report Launch: Role of Supply Chain Emissions in Decarbonization and Compliance
2021-09-21 14:00 - 16:30 (Europe/Paris)
Climate policy in the EU has so far lacked a holistic view on how supply chain emissions are addressed and accounted for. In the EU, the main legislation which currently governs its climate ambition and corporate compliance are focused on Scope 1 emissions, and to some extent on Scope 2 emissions.
At the same time, companies are facing growing pressure from asset owners, employees, lawmakers and activists to reduce emissions across their entire value-chain, since it is deemed critical to investors and other stakeholders that these companies tackle environmental factors and risks from value-chain (Scope 3) emissions (e.g. TCFD, SBTi, EU Sustainable Finance Taxonomy).
The EU Climate Law as well as the intermediate targets such as the one to 2030, make it increasingly clear to corporations that all emissions will need to tend to zero in the longer term, and that all emissions will eventually be regulated. The opportunity space for voluntary commitments will, in other words, at some point have to disappear in a net zero world.
In view of the growing importance of addressing supply chain emissions, ERCST has embarked on an exploration of the main issues and options regarding how to identify and measure these emissions, and what role they should play in the transition to a low-carbon future.
As part of this project ERCST organized three stakeholder workshops with different industry sectors, government actors and think tanks and conducted consultations with government representatives of various EU Member States.
Building on these activities and on desk research, ERCST has produced a paper that: a) summarizes the views and sentiments of the stakeholders on this issue, b) examines the conceptual and methodological issues around measuring, attributing and accounting for supply chain (Scope 3) emissions, c) explores policy options for incentivizing supply chain emissions and d) looks into potential overlaps and synergies with existing voluntary and regulatory frameworks.
During this meeting ERCST will present the paper ‘Role of Supply Chain Emissions in decarbonization and compliance’ which will be followed by initial reactions from invited speakers and a roundtable discussion with participants.
Workshop Material(s)
Agenda
Report: Role of Supply Chain Emissions in Decarbonization and compliance
ERCST Presentation
Fuels Europe/Concawe Case Study
Netherlands Presentation
This will be a hybrid meeting:

For those attending in-person the meeting will take place in Rue Archimède 61, Brussels, Belgium
For those attending online the meeting will take place on Zoom

Informal Dialogue on Response Measures: Corporate Action on Just Transition
2021-09-16 14:30 - 17:00 (Europe/Paris)
One of the key elements in achieving climate neutrality and transition to a low GHG economy is to ensure that it happens in a fair way, leaving no one behind. In the last decade, the issue of Just Transition has been gaining momentum both at the EU and global level.
At the same time, to ensure a Just Transition, both public and private action is needed, and investments need to be raised, therefore the work of the private sector in this regard is deemed critical.
The meeting will feature two panels: the first panel will be an overview of the Just Transition discussion at EU and global level and the second panel will focus on international experiences on Just Transition from the enterprise and organization level.
This meeting is part of the “Informal Dialogue on Response Measures” project, an independent initiative aimed at creating an open and informal space where participants can share, explore and understand different points of view on topics related to Response Measures, such as Just Transition.
Workshop Materials
Agenda
ERCST’s Presentation
EBRD’s Presentation
EPRI’s Presentation
Enel’s Presentation
ITUC’s Presentation

Hydrogen, taking stock of the "Fit for 55"
2021-09-16 10:00 - 12:30 (Europe/Paris) | University Foundation, Rue d’Egmont, 11, Brussels, 1000, Belgium
Register here
This meeting is under Chatham House Rules,
This new work stream aims to bring together stakeholders, including policymakers and industry on a regular basis to discuss substantive issues around this topic, informed by original intellectual input from ERCST.
This meeting will take stock of the main hydrogen legislative developments proposed in the “Fit for 55” package.
The current hydrogen regulation and policy is scattered over gas, electricity, fuels, emissions, industry, transport, heating etc. with a considerable level of uncertainty about where (in which pieces of legislation) and how key issues will be addressed.
This meeting will specially look at:

Main changes and regulatory developments introduced in the “Fit for 55” package.
What key issues for the development of a hydrogen economy have not been addressed in the proposals and where are they expected.
The additionality principle for renewable hydrogen.

10:00 Welcome

A. Marcu, Director of ERCST

10:05 Key regulatory developments and missing pieces

A. Fernandez, ERCST

10:15 Delivering the EU Green Deal impact on hydrogen

J. Chatzimarkakis, Hydrogen Europe

10.35 Chair

O. Imbault, ERCST

Key regulatory developments and missing pieces

R. Kempener, European Commission
E. Perret, EdF
D. Herrero, Fertiberia
B. McWilliams, Bruegel
B. Nienaltowski, Eurofer

11:25 First round of discussions and Q&A
11:45 Additionality principle for renewable hydrogen

I. Lang, BASF
B. Malvault, Wind Europe

12:10 Second round of discussions and Q&A
12:30 End of the meeting
Workshop Material(s)
20210916 Agenda v8
20210913 ERCST_Presentation_Meeting v5
ERCST_JC Hydrogen Europe ERCST_JC
BASF Hydrogen ERCST Sept16_IL[1] – Read-Only
Presentation Bruegel
Upcoming Events
Product Standards in the EU – Stakeholder consultationJanuary 12 @ 14:30 - 16:30Stakeholder Roundtable: 2026 State of the EU ETS ReportJanuary 13 @ 10:00 - 12:00Focus Group: EU CBAM Legislative ProposalJanuary 13 @ 15:00 - 16:30Stakeholder consultation- EU’s Road Transport Decarbonization Policy: Innovative Policy Approaches for Industrial CompetitivenessJanuary 15 @ 14:30 - 16:30Debate – Industrial Decarbonisation Accelerator Act: will it be the signal for hydrogen demand to emerge?January 22 @ 15:00 - 17:00
Past Events
Discussion – Public consultation on CO2 markets and infrastructureDecember 16 @ 10:00 - 11:30Launch event – Towards a comprehensive hydrogen infrastructure – Assessing progress and addressing gapsDecember 11 @ 15:00 - 17:00Launch Event: EU ETS – CBAM Strawman ReportDecember 9 @ 10:00 - 12:00
