ERCST

Finding common ground: A debate on the role of Carbon Management technologies in decarbonisation pathways
2024-10-24 15:00 - 16:30 (Europe/Paris) | ERCST, Rue Archimède 61, Bruxelles, 1000, Belgium
Register to attend in-person Register to attend online
This is an in-person event. “Important! Online participation is only allowed for attendees located outside Belgium”.
Public sentiment and acceptance of Industrial Carbon Management (ICM) technologies – namely Carbon Capture, Utilization, and Storage (CCUS) and Carbon Dioxide Removals (CDRs) – are crucial for the overall EU approach to climate action and for having them deployed on time to achieve climate neutrality by 2050. Various factors, including the negative perceptions held by environmental advocacy groups, significantly influence public opinion. These groups often view these technologies as unsafe, untested, and a hindrance to the energy transition, potentially jeopardizing the global net zero goals set by the Paris Agreement.
Recently, however, there has been a shift in public opinion. The ongoing energy crisis, rising energy costs, and the visible challenges of achieving the Paris Agreement’s goals have led to a reluctant but growing acceptance of ICM technologies. However, communication between different stakeholders seems not to exist, as they often have different views on how decarbonization and the Paris Agreement’s goals should be achieved, and which technologies are more ‘legit’ than others.
In this roundtable, various stakeholders with (opposing) views are gathered together, intending to find common ground to move forward with developing and deploying ICM technologies and their role in decarbonisation models and achieving climate neutrality.
Slides
Agenda

Launch Event: Including products further down the value chain in the EU CBAM
2024-10-23 15:00 - 17:00 (Europe/Paris) | online
This is an online event.
The CBAM’s transitional period is now underway, however several issues remain unresolved ahead of the definitive period and numerous delegated and implementing legislations, along with reviews are due before the end of the transitional period. The ERCST’s third report of CBAM V will look at the topic of including products further down the value chain in the EU CBAM.
At this event the ERCST launched and presented a report, which was followed by a discussion on inclusion of additional products in the value chain in the CBAM related to the review under the CBAM due at the end of 2024. The discussion covered the impact on downstream cost increases and the risk of value chain substitution for semi-manufactured and manufactured goods. Potential KPIs that can be used to determine if a product should be covered by the CBAM or not are also discussed.
This session, convened by ERCST on the basis of its extensive work on the EU CBAM, brought together experts to discuss the future of the CBAM.
Agenda
Presentation

ERCST Debate - Delegated Act on GHG emission savings of low-carbon fuels methodology
2024-10-16 14:00 - 16:00 (Europe/Paris) | online
This is an online event.
This meeting is by invitation only. If you are interested in attending, please contact mvarricchio@ercst.org
During this session, ERCST will discuss the European Commission’s public consultation concerning the methodology for determining greenhouse gas (GHG) emission savings of low-carbon fuels and low-carbon hydrogen. This topic is pivotal in the ongoing efforts to decarbonize the European economy and achieve climate neutrality.
The purpose of the session is to present what ERCST sees as the main elements of a potential submission and discuss views and those elements.
Draft Agenda

Stakeholders Consultation – Low-Carbon Hydrogen: key elements for a common sense approach
2024-10-15 14:00 - 17:00 (Europe/Paris) | ERCST Rue Archimède 61, 1000 Bruxelles
This meeting was intended as a stakeholders/experts workshop which brainstormed on the outline and content of the ERCST Project ‘Low-Carbon Hydrogen: key elements for a common sense approach’.
The goal of the Project was to analyse and suggest key elements for a more inclusive low-carbon hydrogen regulation including an effective and comprehensive definition of low-carbon hydrogen that supported the development of the EU hydrogen market and boosted hydrogen demand.
Slides
Agenda

Future of the EU ETS: ETS Coverage - Launch Event
2024-09-26 11:00 - 13:00 (Europe/Paris) | ERCST Rue Archimède 61, 1000 Bruxelles
This was the launch event of the Future of emissions trading in the EU Coverage Report, under the framework of the Future of emissions trading in the EU project. The “Future of emissions trading in the EU” is a process ERCST is putting in place to provide original analytical insights, pinpoint challenges, and propose solutions for the evolution of the emissions trading in the EU during the second Phase of phase IV (2025-2030) and post-Phase IV.
The project will investigate the system’s impact on key sectors such as power and industry and explore implications for governance relevant to EU policymakers. Within this process, a series of reports covering different aspects of the future of the EU ETS will be released throughout the year.
This event covered the Future of emissions trading in the EU Coverage Report, this being the first report of the Future of emissions trading in the EU project. During this event the report was presented by the authors and discussed by commentators.
Report
YouTube
ERCST Slides
CEWEP Slides
Fuels Europe Slides
Agenda

Navigating Trade-Related Climate Measures: First draft of the policy report
2024-09-24 15:00 - 17:00 (Europe/Paris) | online
This is an online event.
By invitation only, if you want to join please send an email to: ssvensson@ercst.org
Governments are increasingly contemplating measures such as carbon border adjustments. Such policies can have diverse impact on different countries depending on a country’s specific circumstances and the nature of their exports.
The purpose of the Climate-Trade Nexus Assessment (CTNA) project is to explore how trade-based climate measures that aim to address international greenhouse gas (GHG) leakage resulting from domestic climate policy measures in key industries might be designed to account for the legitimate differences that characterise climate policy across various developing country trading partners.
For this event, we invite stakeholders from different countries to join us in a virtual workshop for the Climate-Trade Nexus project. ERCST has held workshops on the methodologies and their impacts together with our partners in Brazil, India, Mexico, Turkey & South Africa. At this meeting we will present the initial findings from the first draft of the policy report which will investigate the different methodologies and previous findings on the topic. We will also present an analytical framework on how to evaluate the different methodologies against domestic climate policies.
Draft Agenda

Pre-COP29: In conversation with Jacob Werksman
2024-09-19 16:00 - 17:30 (Europe/Paris) | ERCST Rue Archimède 61, 1000 Bruxelles
Register to attend in-person
Register to attend online

This is an in person event. “Important! Online participation is only allowed for attendees located outside Belgium”.
If you need any other information, please contact fprovenzano@ercst.org
This is an opportunity to get informed, raise questions and discuss EU positions at the upcoming COP 29. As a reminder, in many cases EU legislation is based on commitments that the EU delegation makes at COP meetings.
COP29 in Baku is expected to be a decisive conference for comprehensive climate action, with topics like climate finance – including the New Collective Quantified Goals (NCQGs), and the upcoming Nationally Determined Contributions (NDCs) due by February 2025 – as well as the alignment of biodiversity and climate.
The Presidency’s vision for COP29 is to “enhance ambition, enable action” and adopting the NCQG is listed at the top of the list under enabling action. The COP29 Presidency launched the “Climate Finance Action Fund” (CFAF), to receive annual contributions from fossil fuel-producing countries and companies. Initial fundraising aims for $1 billion, with members committing to annual contributions as fixed sums or based on production volume.
It has become clear that private players need to enter the scene to mobilise more and more climate finance. Carbon market is one way to do that. Article 6 of the Paris Agreement sets out the rules for global trade in greenhouse gas emissions reductions. While COP28 brought no significant progress on the matter, expectations are that some development will be achieved on this front.
J. Werksman, Chief Paris Agreement Negotiator and head of the UNFCCC Task Force & Principal Adviser for International Aspects of EU Climate Policy, and A. Marcu, ERCST Executive Director, will reflect on the strategic policy priorities in the run-up to COP29 and on the potential outcomes.
YouTube
Draft agenda

Focus group - Low-Carbon Hydrogen: key elements for a common sense approach
2024-09-19 10:00 - 12:00 (Europe/Paris) | ERCST Rue Archimède 61, 1000 Bruxelles
This was an in person event. “Important! Online participation was only allowed for attendees located outside Belgium”.
This meeting was by invitation only.
Contact: ccavallera@ercst.org
This meeting was intended as a stakeholders/experts workshop with a small group of invited stakeholders which brainstormed on the outline of the ERCST Project ‘Low-Carbon Hydrogen: key elements for a common sense approach’.
The goal of the Project is to analyse and suggest key elements for a more inclusive low-carbon hydrogen regulation including an effective and comprehensive definition of low-carbon hydrogen that will support the development of the EU hydrogen market and will boost hydrogen demand.
Agenda Slides

"Green Claims Directive proposal: current developments"
2024-09-18 15:00 - 17:00 (Europe/Paris) | ERCST Rue Archimède 61, 1000 Bruxelles
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This is a hybrid public event. “Important! Online participation is only allowed for attendees located outside Brussels”
On 23 March 2023, the Commission submitted to the European Parliament and the Council, a proposal for a directive on substantiation and communication of explicit environmental claims (i.e., Green Claims Directive). Under this proposal, companies and traders will be required to prove voluntary claims about environmental characteristics of their products or their organisations to be verified by a third party (the “verifier” an accredited body officially established by the Member State). The European Parliament adopted its position, with further changes and several restrictions to climate-related claims, in plenary on 12 March 2024. On 17 June 2024, the Council adopted its position (‘general approach’) – which will form the basis for negotiations between the co-legislators in the new legislative cycle on the final shape of the Green Claims Directive.
This meeting aims to look and discuss the current developments of the proposed Green Claims Directive – particularly, what to expect for climate-related claims – and how this legal framework compares and fits within the international context, among developments in other non-EU jurisdictions.
YouTube
ERCST Slides
EU Commission Slides
Draft Agenda

Focus Group - Building a cross-border CO2 infrastructure beyond the EU: risks and opportunities
2024-09-12 15:00 - 16:30 (Europe/Paris) | online
This was an online event.
This event was by invitation only.

Since the publication of the Sustainable Carbon Cycle Communication in 2021, CCUS and CDRs have gained increasing attention from stakeholders and policymakers and led to the adoption of various policy proposals, such as the Carbon Removal Certification Framework, in 2024.
As a next step to further incentivize the development and deployment of these technologies in the EU, the Commission published the Industrial Carbon Management strategy in the same year. It identified three main pathways to be developed – namely, CCS, CCU, and CDRs – and highlighted how building an EU’s CO2 infrastructure is meant to become one of the priorities to focus on as it is considered a key enable of the pathways.
However, the EU may need to rely on other countries’ storage capacity to achieve its net zero emissions target by 2050 for various reasons, including the uncertainty over the volume of storage capacity in the EU and because of differences between Northern and Southern Europe. For some Member States, opting for storing their CO2 in third countries may be the only choice.
In this roundtable, participants were invited to discuss the following questions:
– How important is it to build a CO2 infrastructure beyond EU borders?
– What are the opportunities? And what are the risks?
– What are the elements and criteria that need to be worked on?
Agenda Slides

Focus group meeting - 'Transition Plans for climate change mitigation'
2024-09-12 10:00 - 12:00 (Europe/Paris)
This is an in person event. “Important! Online participation is only allowed for attendees located outside Belgium”.
By invitation only. If you are interested in attending, please contact aruiz@ercst.org.
Currently, the European Financial Reporting Advisory Group (EFRAG) is preparing a comprehensive guidance on transition planning to help companies disclose their transition plans in line with ERSR and CSRD. The Sustainable Finance Platform (SFP) will also issue a report on the articulation between the different legislation within the sustainable finance framework.
The newly established EU sustainability reporting framework will see the first companies applying the new rules in financial year 2024, for reports to be published in 2025.
This meeting is intended as a discussion for a small group of invited stakeholders and policy makers which will brainstorm on the ‘ Implementation of Transition Plans for climate change mitigation’. ERCST will discuss the topic as part of its Sustainable Finance and Corporate Sustainability workstream.

Draft Agenda Slides

Expert consultation: Including products further down the value chain in the EU CBAM
2024-09-04 15:00 - 16:30 (Europe/Paris) | online
This is an online event.
By invitation only.
The CBAM’s transitional period is now underway, however several issues remain unresolved ahead of the definitive period and numerous delegated and implementing legislations, along with reviews are due before the end of the transitional period. The ERCST’s third report of CBAM V will look at the topic of CBAM revenue use, as this is of increasing importance to international stakeholders.
At this expert consultation the ERCST invited a small group of people to discuss the inclusion of additional products in the value chain in the CBAM related to the review under the CBAM due at the end of 2024.
ERCST invited covered sectors and other stakeholders to obtain current insights on the impact on downstream cost increases and the risk of value chain substitution for semi-manufactured and manufactured goods. The discussion also covered potential KPIs that can be used to determine if a product should be covered by the CBAM or not.
Agenda

Stakeholder Roundtable: Future of the EU ETS – ETS Coverage
2024-07-10 09:30 - 12:30 (Europe/Paris) | ERCST Rue Archimède 61, Bruxelles, Rue Archimède 61, Bruxelles, 1000, Belgium
This is an in person event. “Important! Online participation is only allowed for attendees located outside Brussels”
This meeting is by invitation only. If you are interested in attending, please contact pnouallet@ercst.org.
The Future of the EU ETS is a project that ERCST is putting into place as an independent review with the participation in this important debate of EU institutions and EU stakeholders. In the framework of this sub-workstream, ERCST will organise thematic events along the year focused on key issues for the EU ETS. This will be the first of seven reports ERCST will produce in the framework of the Future of the EU ETS project.
This meeting is intended as a brainstorming meeting for a small group of invited stakeholders and policy makers, in the framework of ERCST’s ‘Future of the EU ETS’ project. The first theme to be addressed by the project concerns EU ETS Coverage, with a homonymous Report to be released in September 2024.
Draft Agenda

Launch Event: The Use of CBAM Revenues
2024-06-26 15:00 - 17:00 (Europe/Paris) | online
This is an online event.
The CBAM’s transitional period is now underway, however several issues remain unresolved ahead of the definitive period and numerous delegated and implementing legislations, along with reviews are due before the end of the transitional period. The ERCST’s second report of CBAM V will look at the topic of CBAM revenue use, as this is of increasing importance to international stakeholders.
At this launch event the ERCST presented a paper on the use of CBAM revenues, how the union will use the revenues generated from the sale of CBAM certificates and their relationship to the discussion on the Multiannual Financial Framework as well as the anticipated allocation of EU funds to assist developing country compliance and decarbonisation.
Agenda
Presentation

2024 State of the European Hydrogen Market Report – Launch Event (Public Event)
2024-05-30 15:00 - 17:00 (Europe/Paris) | ERCST Rue Archimède 61, 1000 Bruxelles
This was an in person event. “Important! Online participation was only allowed for attendees located outside Brussels”
*registrations are closed.
This was the launch event of the 2024 State of the EU Hydrogen Market Report. During this event the report was presented by the authors and discussed by commentators. This is the first annual report on the State of the EU Hydrogen Market.
The 2024 State of the EU Hydrogen Market Report aims to provide an independent contribution to the policy debate. The Report is intended as a “snapshot”, providing policymakers and stakeholders with an overview of how the European hydrogen market is progressing each year, based on the previous year’s data.
Agenda Slides Recording Report

2024 State of the EU ETS Report - Launch Event (Public Event)
2024-05-14 15:00 - 17:00 (Europe/Paris) | University Foundation, Rue d’Egmont, 11, Brussels, 1000, Belgium
This was an in-person event. “Important! Online participation was only allowed for attendees located outside Brussels”
*registrations are closed.
This was the launch event of the 2024 State of the EU ETS Report[1]. During this event the report was presented by the authors and discussed by commentators. This was the ninth annual report on the State of the EU ETS and builded on the reports produced by this group of authors, and other partners, in the last years. The 2023 edition is available through this link.The 2024 edition is available through this link.
The annual “State of the EU ETS” Report aims to provide an independent contribution to the policy debate, which is needed to ensure that the EU ETS is “fit for purpose”. The Report is intended as a “snapshot”, providing policymakers and stakeholders with an overview of how the EU ETS is doing by April of each year, based on previous year data. This event will cover the 2024 Report. This year’s edition reflects the track record of the ETS last year, its recent developments, and the role the ETS is expected to play in the longer term.
[1] The 2024 State of the EU ETS Report is a joint effort between ERCST, Compass Lexecon, BloombergNEF, and the Wegener Centre for climate and global change at the University of Graz.
Agenda Recording Slides

Navigating Trade-Related Climate Measures
2024-04-23 14:00 - 15:30 (Europe/Paris)
This event is online only.
Register here
Governments are increasingly contemplating measures such as carbon border adjustments. Such policies can have diverse impact on different countries depending on a country’s specific circumstances and the nature of their exports.
The purpose of the Climate-Trade Nexus Assessment (CTNA) project is to explore how trade-based climate measures that aim to address international greenhouse gas (GHG) leakage resulting from domestic climate policy measures in key industries might be designed to account for the legitimate differences that characterize climate policy across various developing country trading partners.
For this event, we invite stakeholders from different countries to join us in a virtual workshop for the Climate-Trade Nexus project. ERCST has held workshops on the methodologies and their impacts together with our partners in Brazil, India, Mexico, Turkey & South Africa and in this event we will share and discuss the takeaways from the workshop.
Agenda

EU ETS: Carbon Dioxide Removals CDRs - Public Event
2024-04-23 09:30 - 12:30 (Europe/Paris) | ERCST Rue Archimède 61, Bruxelles, Rue Archimède 61, Bruxelles, 1000, Belgium
This is an in person event. “Important! Online participation is only allowed for attendees located outside Brussels”
You are welcome to register through the link below. Registered participants will receive an automatic confirmation email after registration.
* Registrations are closed.
The revised EU ETS Directive was adopted in 2023 and should be applied in 2024. The newly introduced Art 30 states that by 31 July 2026, the Commission shall report to the European Parliament and the Council how negative emissions resulting from GHG gases removed from the atmosphere could be accounted for and covered by ETS, accompanied, where appropriate, by a legislative proposal and impact assessment.
This session was a follow up of the Stakeholder Roundtable on EU ETS and Carbon removals that ERCST hosted in March and discussed the role of negative emissions and carbon removal technologies in the EU ETS, and, if they were to be included, under what constraints.
Agenda Recording ERCST Slides Hydro Slides PIK Slides

Launch Event: ETS review of Carbon Leakage Risks for CBAM Export Goods
2024-04-15 15:00 - 17:00 (Europe/Paris) | online
This event is online only.
The CBAM’s transitional period is now underway, however several issues remain unresolved ahead of the definitive period and numerous delegated and implementing legislations, along with reviews are due before the end of the transitional period. The ERCST’s CBAM V started off 2024 by revisiting the topic of exports, this time focusing on the review that is a part of the EU ETS legislation.
At this launch event the ERCST will present a paper on the topic of the carbon leakage risk for goods subject to CBAM and produced in the EU for export related to the review under the ETS of 2024.
Covered sectors and other stakeholders were invited to obtain current insights on production and market trends, potential export volumes at risk due to the current absence of a solution for export-related leakage risk and try to better understand the domestic and international implications of export-related leakage.
Agenda ERCST Presentation Recording

State of the European Hydrogen Market – Stakeholder consultation
2024-04-09 14:00 - 15:30 (Europe/Paris) | ERCST Rue Archimède 61, 1000 Bruxelles
This meeting was a focus session where the project team received the feedback of the stakeholders on a detailed presentation of the draft contents of the 2024 State of the European Hydrogen Market Report.
The State of the European Hydrogen Market Report aims to provide a “snapshot” of the development of the European hydrogen economy in 2023 and is a joint effort between the ERCST, the Oxford Institute for Energy Studies, and BloombergNEF.
Draft Agenda

The Future of Agriculture in the EU ETS - Public Event
2024-03-22 10:00 - 12:00 (Europe/Paris) | ERCST Rue Archimède 61, Bruxelles, Rue Archimède 61, Bruxelles, 1000, Belgium
This was an in-person event.
* Registrations are closed.
Agriculture is responsible for 13% of EU’s GHS[1], and the sector’s emissions have not decreased since 2010. Following the example of the recent extension of carbon pricing to road transport and buildings, emission trading in agriculture could provide the right incentives to decarbonise this sector.
This public event explored with stakeholders and policy makers the role agriculture can play as part of net zero, with a focus on its potential extension to carbon pricing. It addressed how feasible is pricing agricultural emissions and rewarding climate action in the land sector.
[1] ECA (2021). Common Agricultural Policy and climate. Special Report. Pp.6. Available at: https://op.europa.eu/webpub/eca/special-reports/cap-and-climate-16-2021/en/#:~:text=The%20CAP%20mostly%20finances%20measures,(20%20%25%20of%20emissions). (Accessed on 6 November 2023).
Agenda DG CLIMA Slides

Climate Trade Nexus (CTN) Assessment - South Africa Workshop - ERCST
2024-03-20 08:00 - 17:00 (Europe/Paris)
The Climate-Trade Nexus Assessment Workshop in Pretoria, South Africa, jointly organized by the ERCST and The South African Institute of International Affairs (SAIIA), was successfully held on March 20th, 2024. The workshop aimed to explore how trade-related climate measures could accommodate different climate policies across developing country trading partners. Attendees discussed existing and potential measures and their implications, as well as the impact of different methods on individual countries based on their domestic climate policies. The event facilitated dialogue between public and private sectors, contributing to a deeper understanding of the relationship between trade and climate action.
Agenda ERCST Slides

Climate Trade Nexus (CTN) Assessment - Brazil Workshop
2024-03-18 09:00 - 13:00 (America/Sao_Paulo)
The Climate-Trade Nexus Assessment Workshop in Sao Paolo, Brazil, jointly organized by the ERCST and Agroicone, was successfully held on March 18th, 2024. The workshop aimed to explore how trade-related climate measures could accommodate different climate policies across developing country trading partners. Attendees discussed existing and potential measures and their implications, as well as the impact of different methods on individual countries based on their domestic climate policies. The event facilitated dialogue between public and private sectors, contributing to a deeper understanding of the relationship between trade and climate action.
Agenda ERCST Slides

Opening remark from Ambassador André Aranha Corrêa do Lago, Secretary of Climate, Energy and Environment at the Ministry of Foreign Affairs of the Federative Republic of Brazil

Climate Trade Nexus (CTN) Assessment - Mexico Workshop - ERCST
2024-03-15 09:00 - 12:00 (America/New_York)
The Climate-Trade Nexus Assessment Workshop in Mexico City, Mexico, jointly organized by the ERCST and Iniciativa Climatica de Mexico (ICM), was successfully held on March 15th, 2024. The workshop aimed to explore how trade-related climate measures could accommodate different climate policies across developing country trading partners. Attendees discussed existing and potential measures and their implications, as well as the impact of different methods on individual countries based on their domestic climate policies. The event facilitated dialogue between public and private sectors, contributing to a deeper understanding of the relationship between trade and climate action.
Agenda ERCST Slides

Incentivising hydrogen demand: Critical challenges and opportunities
2024-03-14 09:00 - 17:30 (Europe/Paris)
ERCST organised this event together with the Oxford Institute for Energy Studies (OIES), and Research Institute for Sustainability – Helmholtz Centre Potsdam (RIFS)
This seminar encompassed three panels:

Creating hydrogen demand: Decarbonising hard-to-abate sectors
Creating hydrogen demand: Market design, legislation/regulation, and bankability
Catalyzing an international hydrogen market: local demand or international off-take agreements?

Report
Draft Agenda Slides

Stakeholder Roundtable: Future of the EU ETS - Carbon removals
2024-03-11 16:00 - 17:30 (Europe/Paris) | online
This was an online event.
This meeting is by invitation only. If you are interested in attending, please register through the link below.
*Registrations for this event are closed.
The EU ETS is seen as one the important drivers since it came into operation in 2005. However, as we reach end of 2020’s and forward middle of 2030, there are many issues that need to be discussed – fundamentally if the EU ETS is the right instrument as we reach towards zero allowances and what architecture and governance it should take.
This session discussed the role of negative emissions and carbon removal technologies in the existing EU ETS, and, if they were to be included, under what constraints. This event is a follow-up to the ERCST’s roundtable taking place in January and is part of a process that ERCST is putting in place as an independent policy review of the EU ETS post 2030.
Agenda ERCST slides Hydro slides UBA slides

Launch of the ‘Climate Policy Priorities for the Next European Commission’ Report
2024-03-07 17:00 - 18:30 (Europe/Brussels) | University Foundation, Rue d’Egmont, 11, Brussels, 1000, Belgium
This was a public event – hybrid format.
Ifo Institute and ERCST launched the initiative “Climate Policy Priorities for the Next European Commission” to identify and examine several issues that the EU institutions should consider as part of climate change policy developments after the 2024 elections (i.e., within the work of the new Commission).
On 22 June 2023, ERCST and CESifo Institute/EconPol hosted a first meeting in Brussels which allowed to preliminarily identify the core issues encompassed by this initiative. To provide intellectual leadership, ifo Institute and ERCST have convened thought leaders from across Europe to provide ongoing input to the initiative.
After carrying out individual interviews to the members of High-level Working Group on Climate Change Policy Priorities in the next EU Political Cycle, ifo Institute and ERCST organised stakeholder meetings in three EU Member State capitals (Berlin, Paris and Warsaw), during November 2023.
The output, which is envisaged in the form of two reports in 2024, will be under the responsibility of ifo Institute and ERCST.
ERCST and ifo will launch the 1st report focusing on a qualitative analysis.
Recording Agenda Report ERCST/ifo slides

Expert Stakeholder Consultation: 2024 State of the EU ETS Report
2024-03-07 10:00 - 12:00 (Europe/Paris) | ERCST Rue Archimède 61, Bruxelles, Rue Archimède 61, Bruxelles, 1000, Belgium
“Important! Online participation is only possible for attendees located outside Brussels. Please be aware that Zoom access will not be available if you are in Brussels.”
This meeting was by invitation only.
This meeting was intended as a brainstorming meeting with a small group of invited stakeholders and policy makers, which brainstormed on the presentation of the 2024 State of the EU ETS Report[1], to be released on 14 May. This will be the ninth annual report on the State of the EU ETS and builds on the reports produced by this group of authors, and other partners, in the last eight years. The 2023 edition is available through this link.
The authors presented the expected content, which allowed for a brainstorming discussion with stakeholders to address any gaps, or make any corrections needed, ahead of the final presentation of the report in May.
[1] The 2023 State of the EU ETS Report is a joint effort between ERCST, BloombergNEF, and the Wegener Centre for climate and global change at the University of Graz.
Agenda

The CRCF trilogues and the Industrial Carbon Management strategy: where are we headed?
2024-02-22 09:30 - 12:30 (Europe/Paris) | ERCST, Rue Archimède 61, Bruxelles, 1000, Belgium
In 2023, the policy framework related to CCUS and carbon removal technologies gained considerable momentum in the European Union thanks to the new legislative proposals developed by the European Commission, such as the Certification Framework for Carbon Removals (CRCF) and the announcement of an ‘Industrial Carbon Management’ strategy, alongside other pieces of legislation.
In 2024, important developments in these two files are expected, as the ordinary procedure related to the CRCF should come to an end before the next policy cycle, and the Industrial Carbon Management strategy was published on February 6.
The roundtable discussed key developments on the two proposals and provided an opportunity to exchange views on how it addresses concerns from stakeholders and to better understand how the policy framework related to CCUS and carbon removal methods will develop.
Agenda ERCST slides on CRCF trilogues ERCST slides on ICMS ERCST Publication

Expert Consultation: ETS review of Carbon Leakage Risks for CBAM Export Goods
2024-02-21 15:00 - 16:30 (Europe/Paris)
This was an online event.
The CBAM’s transitional period is now underway, however several issues remain unresolved ahead of the definitive period and numerous delegated and implementing legislations, along with reviews are due before the end of the transitional period. The ERCST’s CBAM V will start off 2024 by revisiting the topic of exports, this time focusing on the review that is a part of the EU ETS legislation.
At this expert consultation the ERCST invited a small group of people to discuss the carbon leakage risk for goods subject to CBAM and produced in the EU for export related to the review under the ETS of 2024.
We invited covered sectors and other stakeholders to obtain current insights on production and market trends, potential export volumes at risk due to the current absence of a solution for export-related leakage risk and try to better understand the domestic and international implications of export-related leakage.
Agenda
