One of the most critically important issues of CBAM, yet to be resolved, is the question of how to compare the level of effort in third countries’ climate policies to that of the EU, in order to determine crediting against the CBAM. The US, for example, has embarked on a suite of transformational climate-related initiatives […]
This panel was co-convened by the European Roundtable on Climate Change and Sustainable Transition (ERCST) and the World Economic Forum. The use of carbon pricing instruments is growing worldwide. So too, is interest in border carbon adjustments (BCAs), to ease industry competitiveness concerns. This reflects a growing need to improve dialogue between trade and climate […]
This side event was organised in cooperation with Business Europe & Advocates for International Development. This event took place at Tonino Lamborghini International Convention Center, Sharm El Sheikh. The event was broadcasted through the UNFCCC Youtube Channel. Following the success at COP26, Art 6 rulebook has further progressed towards implementation, but some of the Art […]
ERCST's Executive Director, Andrei Marcu, spoke at this panel organised by the World Nuclear Association. There has been a wave of national initiatives in countries around the world to promote clean energy investment. From policies that support existing nuclear power, to production and investment tax credits for new clean electricity technologies, to the promotion of […]
This event took place at COP27 in the Turkey Pavilion. In order to address the risk of carbon leakage from the EU ETS, in July 2021 the European Commission has put forward a proposal for a Carbon Border Adjust Mechanism (CBAM). Over the last fifteen months this proposal has gone through the EU legislative process, […]
This event was organised by the Turkish Government. It took place at COP27 at the Turkey Pavilion. ERCST's Executive Director Andrei Marcu moderated this panel on carbon markets and carbon pricing policies. He also gave a presentation on the interactions of different carbon pricing instruments, such as CORSIA, ETS, EU CBAM and voluntary carbon markets. […]
This event is organised by the Harvard Project on Climate Agreements. It took place at COP27 at the Pavilion of the International Emissions Trading Association (IETA). Some sixty jurisdictions worldwide – including both national and subnational governments – have adopted carbon-pricing policies, largely cap-and-trade systems or carbon taxes. Very few of these policies, however, match […]
Participants in the CCUS Forum in Oslo, hosted on 27-28 October, discussed several issues related to a strategic vision for CCUS, CO2 infrastructure, and CCUS industrial partnership. The Forum endorsed two documents prepared by the working groups on the CCUS Vision Strategy and CO2 Infrastructure. However, the industrial partnership concept still requires further reflection. Stakeholders […]
At COP26 in Glasgow, Parties finalised and adopted the Article 6 Rulebook and so the Paris Rulebook, exactly 6 years after the adoption of the Paris Agreement. Now, they are faced with the new challenge of implementing such decisions. However, many issues are still on the table to be discussed in Sharm el-Sheikh. J. Werksman, […]
This workstream aims to bring together stakeholders, including policymakers and industry on a regular basis to discuss substantive issues around the topic of (C)CfDs, informed by original intellectual input from ERCST. (C)CfDs are discussed as one of the most promising alternatives to foster the deployment of low-carbon industrial technologies. However, it is still uncertain how […]
The idea of presenting a transition plan – i.e., ensuring that the business model and strategy of the undertaking are compatible with the transition to a sustainable economy and with the limiting of global warming to 1.5 °C, in line with the Paris Agreement – will soon turn into a concrete legal obligation. It is […]
This workstream aims to bring together stakeholders and policymakers on a regular basis to discuss substantive issues around the hydrogen policy and regulatory framework, informed by original intellectual input from ERCST. This meeting focused on the following issues: Why is certification of hydrogen and hydrogen-based products important? What is the relation between the different standards […]
