This workshop presents and discusses the results of the “Developing the EU long-term climate strategy” project in Bucharest. The technical and policy papers are the deliverables of a yearlong effort, which included an initial brainstorming in Brussels in June 2017, followed by a series of stakeholder engagements in several EU capitals at the beginning of 2018. The […]
This meeting is part of the “Informal dialogue on Response Measures" project, an independent initiative aimed at creating an informal dialogue where the participants can explore, discover, explain and understand different points of view related to the issues in Article 4.15 of the Paris Agreement. The objective is to further understanding of the options available […]
This workshop held in Bangkok is part of the Informal Forum on Implementation of Article 6 of the Paris Agreement under the UNFCCC process. The aim of this workshop was 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 […]
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 – solidarity provision and 10c derogation – were updated, and new instruments – the Modernisation Fund and the Innovation Fund – have been added. Adoption of the ETS Directive was merely […]
Overall impact of sectoral roadmaps: A dialogue between business and think tanks The meeting aims to discuss the results of the Bruegel and ICTSD project “Developing the EU long-term climate strategy” with business stakeholders and think tanks. The European Commission is expected to publish the new long-term climate strategy document in late November. Next to […]
ERCST and EUI are jointly working on a project which provides the opportunity for a public debate on the possibility of increasing the ambition of the EU climate policy in the 2030 perspective. In light of this project, a discussion paper was written outlining the various options to enhance the EU NDC and a set of criteria […]
During the 23rd Conference of the Parties (COP) of November 2017 in Bonn, Parties had the aim to make significant progress on the development of the “Paris rulebook”. COP24, which will take place from 3-14 December 2018 in Katowice, seeks to continue to work out and ultimately adopt a package of decisions ensuring the full […]
The Market Stability Reserve was put in place to address the current surplus of EUA’s in the market, as well as “normal” levels of surplus that may emerge in future years. The performance of the MSR is therefore critical to the well-functioning of the EU ETS. However, the parameters have not been tested in real life, and […]
The recent revision for the fourth phase of the EU ETS extended the use of transitional free allocation for the period 2021 – 2030. Moreover, the revision introduced some new rules for free allocation and adjustments to free allocation due to production changes. While these new rules set out the main criteria, the European Commission […]
The Paris Agreement officially entered into force on 4 November 2016 and aims to pursue "efforts to limit the temperature increase to 1.5°C above pre-industrial levels”. The UN’s Intergovernmental Panel on Climate Change (IPCC) agreed in early 2016 in Nairobi on a timeframe for its next major series of climate reports – including a special […]
ERCST and IETA held a joint workshop on Article 6 of the Paris Agreement in Glion, back-to-back with the Informal Dialogue on Article 6, organised by ICTSD. The workshop brought together IETA members and key UNFCCC market negotiators, presenting a unique opportunity to discuss Article 6 priorities and share private sector experiences with international carbon […]
This workshop, held in Glion, is part of the Informal Forum on Implementation of Article 6 of the Paris Agreement under the UNFCCC process. This workshop followed the resumed SBSTA 48 Session held in Bangkok. Article 6 negotiations are carried out under Agenda Item 11. A joint reflection note by the presiding officers of APA, […]
The Use of CBAM Revenues
