Hydrogen: completing the regulatory puzzle
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 […]
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Informal Forum on Implementation of Article 6 of the Paris Agreement – February 2022
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 […]
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 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 […]
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 […]
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 addition to the recent energy crisis, has triggered discussions about the possibility of EU authorities to trigger the Article 29 of the EU ETS Directive […]
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 […]
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 […]
