Price signal for carbon and impact on decarbonisation
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 […]
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State of the EGD: two years after
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 […]
CBAM Global Townhall 2022
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 […]
EU-Turkey Climate Policy Dialogue: Role of Civil Society in developing climate policies
This workshop was part of the project EU – Turkey Climate Policy Dialogue for civil societies. The overall objective of the project was 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 […]
Article 29a EU ETS Directive – EU Measures in the event of excessive price fluctuations
In January 2021, the EC carbon price raised to 89.42 euros/tons of CO2. One year before, the EU carbon price was 33 euros/tons of CO2. This rapid price increase in […]
Border Carbon Adjustment in the EU – CBAM Scope 2 emissions
The European Commission has proposed a Carbon Border Adjustment Mechanism, aiming to have the regime functional by 2023, and negotiations are ongoing on the shape of the final instrument. One of the most critically important issues, yet to be resolved, is the question of whether Scope 2 emissions should be included under the mechanism. This […]
Joint roundtable ‘The IMF proposal for an international carbon price floor: a quantitative analysis’
PwC has recently published in the context of COP26 a study together with the World Economic Forum (WEF) on the international carbon price, which finds that an international carbon price floor would pay for itself and reduce global carbon emissions by 12.5%. The international carbon price floor would also further support the EU CBAM’s objective […]
EU Taxonomy: impacts on other policies
This meeting took the form of a working group where stakeholders discussed specific elements of the EU sustainable finance agenda. This meeting was dedicated to the topic of EU Taxonomy impacts on other policies. Indeed, ERCST considers the analysis of the interactions of the EU Taxonomy with other policies an important element because, among other […]
Shaping ERCST’s feedback on the hydrogen and decarbonised gas package
After the publication of the European Commission Hydrogen Strategy in July 2020 and after the publication of the Fit for 55 first set of publications in July 2021, the Commission proposed on December 15th 2021 a set of legislative proposals including the revision of the Gas Regulation 715/2009 and the Gas Directive 2009/73 (the package). […]
Development impact of EU’s CBAM
Co-convened by ERCST and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) The European Green Deal has strengthened the level of climate ambition by aiming to achieve climate neutrality in the European […]
Border Carbon Adjustment in the EU – Launch of Report on Exports in CBAM
Since 2019, ERCST has built up solid experience on BCAs and carbon leakage issues in the EU context. The ERCST Team has accompanied the CBAM file from its earliest stages […]
EXTERNAL EVENT: CEPR Research and Policy Network on Climate Change
On the 21st of March, Andrei Marcu, Executive Director of ERCST, spoke at the CEPR Research and Policy Network on Climate Change, Hybrid Webinar ‘Economics of Border Adjustments’. Agenda Recording […]
