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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 Union by 2050. The European Commission has proposed a Carbon Border Adjustment Mechanism (CBAM) as the preferred option to address the risk of carbon leakage. […]
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 in the legislative process, providing analytical input to the discussion on BCAs and fostering an informed debate with domestic and international stakeholders. At this event, […]
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
