As part of the European Green Deal, implementation of a BCA is once again being considered as a measure to address competitiveness concerns within the EU. According to the roadmap for the European Green Deal, a proposal for a BCA for “selected sectors” will be released in 2021. So far, we can only speculate what such […]
The European Climate law was one of the flagship measures proposed by the new Commission, to be adopted within the first 100 days of its mandate. It claims to “set the direction of travel for EU climate action, give predictability for investors, and anchor the irreversibility of the transformation”. A stakeholder’ consultation meeting took place […]
This webinar will launch the 2020 State of the EU ETS Report, this year together with the Wegener Center on on climate and global change, Bloomberg New Energy Finance and EcoAct. During the meeting, the authors will present the Report and their findings through a presentation, after which the Report will be commented on by some invited speakers […]
This meeting is part of the “Implementation of market and non-market provisions in the Paris Agreement” project, 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 […]
This meeting is part of a continuous series of meetings organised by ERCST on the European Green Deal. This work stream aims to bring together policymakers and stakeholders on a regular basis to take stock on recent developments, look ahead to what is in the pipeline, and discuss the general implementation of the EGD framework. […]
Historically, EU and Member State climate policies have strongly focused on reducing GHG emissions that are produced within their jurisdictions. Less emphasis has been put on policies, being it command-and-control or economic, aimed at incentivising (domestic) demand for low-carbon products. Many EU producers are making investments to lower their emissions, subsequently increasing their production costs […]
This meeting is part of the “Implementation of market and non-market provisions in the Paris Agreement” project, 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 […]
As part of the policy updates foreseen under the European Green Deal, the European Commission released on March 4th an Inception Impact Assessment (IIA) on the Revision of the Energy Taxation Directive. The Commission received feedback from 180 industry representatives, think tanks, NGOs, and private citizens from around the EU, who submitted comments detailing their […]
The European Commission released the Inception Impact Assessment (IIA) on Carbon Border Adjustment Mechanisms for public review and commenting (due on April 1). Over 200 corporations, think tanks, NGOs, and private citizens from around the EU submitted comments detailing their opinions and suggestions on the IIA. In addition to submitting our own feedback paper (available […]
To put the EU firmly on a path towards climate neutrality by 2050, the Commission will propose an increased greenhouse gas emission reduction target for 2030 from at least 40% to at least 50% to 55% (compared to 1990), including through an amendment to the recently proposed Climate Law. The Communication will set out potential […]
As the EU considers its most ambitious decarbonization targets yet under the European Green Deal, many consider a border carbon adjustment essential to sustain Europe’s continued leadership in a world of asymmetrical climate efforts. Technical and administrative details need to be resolved for such a policy to become reality, and that will be complex. In […]
This meeting is part of an ongoing effort by ERCST to promote a discussion on the review of the Market Stability Reserve (MSR), scheduled in 2021. ERCST has organised several meetings on this topic throughout 2019, and launched its paper “Preparing the review of the Market Stability Reserve” last November. Half a year later, the […]
The Use of CBAM Revenues
