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 […]
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 […]
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 of the most critically important issues, yet to be resolved, is the question of whether Scope 2 emissions should be included under the mechanism. This […]
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 […]
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 […]
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 […]
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 […]
This event is part of a ERCST series which tales the state of play of the debate in energy prices after the release of the EC toolbox and REPowerEU Communication […]
As part of the Just Transition workstream, the ERCST team has decided to explore and put together a preliminary framework to assess the social impacts of the transition and provide […]
