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X-WR-CALDESC:Events for ERCST
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DTSTART;TZID=UTC:20221004T171500
DTEND;TZID=UTC:20221004T184500
DTSTAMP:20260409T164630
CREATED:20221003T070859Z
LAST-MODIFIED:20240523T152118Z
UID:13883-1664903700-1664909100@ercst.org
SUMMARY:External Event: Andrei Marcu speaks at IEA-IETA-EPRI GHG Emissions Trading Workshop
DESCRIPTION:Our Executive Director Andrei Marcu spoke on Panel 2 of the Annual IEA-IETA-EPRI GHG Emissions Trading Workshop in Paris. The panel concerned International Competitiveness and Carbon Border Adjustment Mechanisms (CBAM). \nYou can find more information about the event on the website of the IEA.
URL:https://ercst.org/event/external-event-andrei-marcu-speaks-at-iea-ieta-epri-ghg-emissions-trading-workshop/
LOCATION:IEA Headquarters\, Rue de la Fédération 9\, Paris\, 75015\, France
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20221011T150000
DTEND;TZID=UTC:20221011T163000
DTSTAMP:20260409T164630
CREATED:20220629T083805Z
LAST-MODIFIED:20240524T074935Z
UID:13173-1665500400-1665505800@ercst.org
SUMMARY:Expert Consultation: CBAM: Different Approaches and Evolving Circumstances
DESCRIPTION:One of the most critically important issues concerning 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 under its Inflation Reduction Act (IRA)\, but employing subsidies rather than pricing. \nThe IRA is a particularly salient example of evolving circumstances that invite further thinking about the CBAM’s elaboration and implementation. As well as the question of whether to credit for equivalent effort\, the IRA’s heavy subsidization may have relevance for the CBAM’s design in the area of export rebates\, timeline of implementation\, and roll-back of free allocation. \nOther current events also have relevance. Many European industrial sectors were already struggling with long-term competitive challenges but are now also facing unprecedented costs because of the Russia-Ukraine war and longer-standing supply chain disruptions. Are these evolving challenges grounds for rethinking aspects of CBAM\, or for an increasing focus on parallel supporting industrial policies? \nConsidering these policy questions\, this roundtable discussion brought together global experts in the areas of economics\, law\, and policy to assess existing proposals of how to treat non-pricing policies in the EU CBAM. \nAgenda
URL:https://ercst.org/event/expert-consultation-level-of-effort-and-treating-non-pricing-policies-in-the-eu-cbam/
CATEGORIES:CBAM
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20221012T080000
DTEND;TZID=UTC:20221014T170000
DTSTAMP:20260409T164630
CREATED:20220922T084749Z
LAST-MODIFIED:20240523T151933Z
UID:13729-1665561600-1665766800@ercst.org
SUMMARY:External Event: Andrei Marcu speaks at Carbon Forward Conference 2022
DESCRIPTION:Our Executive Director Andrei Marcu attended the Carbon Forward Conference as a speaker. \nThe Carbon Forward Conference is a conference on environmental markets where policy makers\, analysts\, industrials and many more get together. \nThe conference took place in London. More information about the conference can be found on the website of the Carbon Forward Conference 2022.
URL:https://ercst.org/event/external-event-andrei-marcu-speaks-at-carbon-forward-conference-2022/
LOCATION:The Royal Institution\, 21 Albemarle Street\, London\, W1S 4BS\, United Kingdom
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Paris:20221018T103000
DTEND;TZID=Europe/Paris:20221018T123000
DTSTAMP:20260409T164630
CREATED:20221020T100050Z
LAST-MODIFIED:20240523T151833Z
UID:14022-1666089000-1666096200@ercst.org
SUMMARY:Roundtable: Review of the EU ETS: Financial actors\, ETS2 & compensation
DESCRIPTION:The EU ETS is considered one of the cornerstones of the EU’s climate policy. While it has been faced by many issues\, the ETS has increasingly proven to be ‘fit for purpose’ in recent years. Today\, the EU ETS stands at the dawn of a new revision process\, which will have to ensure that it helps delivering on the European Green Deal in an economically efficient way. The EU ETS Revision was adopted on 14 July 2022 as part of the Fit for 55 Package\, while the European Parliament and Council position were adopted on 22 and 28 June respectively. Trilogues started in September with the objective to achieve a final text to be implemented in 2023. Despite a number of meetings taking place\, some issues are still pending. \nERCST presented its views\, which was followed by two sessions\, each kicked-off with a 5 mins per ice-breaker initial intervention\, followed by an open roundtable discussion with participants. This follow up brainstorm session meant to bring together a small group of stakeholders to discuss the sensitive issues leading the negotiation under trilogues\, including: \n\nThe role of financial and compliance entities in the carbon market.\nThe extension of carbon pricing to road buildings and transport.\nThe interlinkage between the EU ETS & CBAM and its impact on the compensation schemes: free allocation and indirect cost compensation.\n\nAgenda     ERCST Slides    Fuels Europe Slides
URL:https://ercst.org/event/roundtable-review-of-the-eu-ets-financial-actors-ets2-compensation/
CATEGORIES:EU ETS
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Helsinki:20221025T160000
DTEND;TZID=Europe/Helsinki:20221025T173000
DTSTAMP:20260409T164630
CREATED:20220802T065737Z
LAST-MODIFIED:20240523T151633Z
UID:13474-1666713600-1666719000@ercst.org
SUMMARY:ETS Revision for Phase IV. The EU ETS under trilogues
DESCRIPTION:The ETS has emerged as the backbone of the EU Climate Action and\, especially in the last two years\, as a crucial driver of decarbonisation. The Commission proposal to review the EU ETS Directive aims at aligning the emissions pathway of the ETS sectors with the new EU climate targets. Throughout the next decade\, the ETS is required to both enable a deep decarbonisation of the power sector and to tackle industry’s emissions\, while avoiding carbon leakage. \nThe ENVI Committee adopted on 22 June their position on the file ahead of the beginning of the trilogues while the Council adopted it on 28 June. Interinstitutional negotiations began on 11 July. \nFollowing the introduction of EU high level authorities\, the roundtable discussed key takeaways from the current EU ETS state of play under trilogues and provided an opportunity to exchange views on the on-going negotiation process. \nAgenda    Recording \n 
URL:https://ercst.org/event/ets-revision-for-phase-iv-the-eu-ets-under-trilogues-2/
LOCATION:ERCST Rue Archimède 61\, Bruxelles\, Rue Archimède 61\, Bruxelles\, 1000\, Belgium
CATEGORIES:EU ETS
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20221026T100000
DTEND;TZID=UTC:20221026T120000
DTSTAMP:20260409T164630
CREATED:20220629T144707Z
LAST-MODIFIED:20240523T151458Z
UID:13238-1666778400-1666785600@ercst.org
SUMMARY:The matrix: sustainable reporting requirements
DESCRIPTION:This workstream aims to bring together stakeholders and policymakers regularly to discuss substantive issues around hydrogen\, informed by original intellectual input from ERCST. \nFor more than 20 years\, the market has developed multiple reporting tools in response to the demand from investors for identifying which investments and economic activities can be seen as “sustainable”. \nIn 2020 the EU Taxonomy was introduced by the EU institutions as a flagship project of the sustainable finance strategy. It is meant to be an obligatory reporting tool to drive the flow of investment and give guidance to investors on economic activities that significantly contribute to the environmental objectives. \nAt the same time\, there is an ongoing expansion of other sustainability reporting requirements through other pieces of legislation: Corporate Sustainability Reporting Directive (CSRD)\, EFRAG standards\, Corporate Sustainability Due Diligence (CSDD) and amended Sustainable Finance Disclosure Regulation (SFRD). \nBusinesses increasingly understand the need to communicate with investors and the wider public about the climate and environmental risks and how undertakings want to transform toward a sustainable economy. However\, navigating the matrix of reporting becomes a challenge and the resources needed to comply are growing. The balance must be kept between the genuine need for information\, the burden behind its collection and its usefulness for the users – the complexity does not necessarily mean clarity. \nThis event aimed at identifying the challenges\, complementarity\, overlaps\, missing elements and the best way forward in the sustainability reporting framework.  \nAgenda    ERCST Slides
URL:https://ercst.org/event/the-matrix-sustainable-reporting-requirements/
LOCATION:ERCST\, Rue Archimède 61\, Bruxelles\, 1000\, Belgium
CATEGORIES:SUSTAINABLE FINANCE
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20221026T133000
DTEND;TZID=UTC:20221026T150000
DTSTAMP:20260409T164630
CREATED:20220930T110210Z
LAST-MODIFIED:20221012T132355Z
UID:13826-1666791000-1666796400@ercst.org
SUMMARY:ERCST x WEF: Scenarios and Strategies for Carbon Competitiveness
DESCRIPTION:This meeting is by invitation only. If you are interested in attending\, please contact bdegraeve@ercst.org. \nThis Roundtable on Scenarios and Strategies for Carbon Competitiveness is to be held on Wednesday 26 October\, 13.30-15.00 CEST\, at the ERCST Offices (Rue Archimède 61\, 1000 Brussels). The roundtable is co-convened by the European Roundtable on Climate Change and Sustainable Transition (ERCST) and the World Economic Forum.  \nThe discussion will focus on the relationship between carbon pricing and trade. As carbon pricing instruments grow worldwide\, so too has interest in border carbon adjustments (BCAs)\, as a policy tool to mitigate carbon leakage. An energy crisis\, particularly in Europe\, is also setting a new context for industrial competitiveness that will affect the climate action agenda. It is not clear\, at the moment\, how or where governments will choose to address BCAs and/or carbon leakage in international or regional forums.  \nParticipants will work through a set of four possible future scenarios on carbon pricing and trade to reflect on these policy interactions and potential developments. The conversation will then focus on actions different actors – both public and private – could take to reach one scenario versus another.  \nThe roundtable is held off the record to allow for a frank exchange. It will inform further work in this area from both convening organisations – including at COP27 in November.  \nWorkshop materials: \nDraft Agenda
URL:https://ercst.org/event/ercst-x-wef-scenarios-and-strategies-for-carbon-competitiveness/
LOCATION:ERCST Rue Archimède 61\, Bruxelles\, Rue Archimède 61\, Bruxelles\, 1000\, Belgium
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20221027T100000
DTEND;TZID=UTC:20221027T120000
DTSTAMP:20260409T164630
CREATED:20220929T133347Z
LAST-MODIFIED:20240523T140419Z
UID:13813-1666864800-1666872000@ercst.org
SUMMARY:The principle of technological neutrality and hydrogen incentives
DESCRIPTION:This event was selected as a side event within the European Hydrogen week 2022. \nWhile the focus of the European Commission Hydrogen Strategy clearly lies on renewable hydrogen\, the strategy acknowledges that in the short and medium term\, other forms of low-carbon hydrogen are needed to rapidly reduce emissions from existing hydrogen production and support the parallel and future uptake of renewable hydrogen. In a similar approach\, the REPowerEU communication mentions that to achieve 10 million tons of EU renewable hydrogen domestic production\, other forms of fossil-free hydrogen\, notably nuclear-based are needed. \nMost of the different building blocks of the hydrogen regulatory framework were already presented in various parts of the Fit for 55 package and the hydrogen and decarbonized gas market package. However\, the translation of the policy vision for low-carbon hydrogen portrayed in the strategy and REPowerEU into the proposals is still not complete. As an example\, the European Commission has left the key elements of the low-carbon hydrogen definition for secondary legislation (to be proposed by 2024). \nThis meeting assessed three main questions: \n\nIs it possible to ramp-up the EU-hydrogen economy without the contribution of low-carbon hydrogen?\nWould a technology neutral approach to incentives based on the carbon footprint of the hydrogen produced favor the ramp-up of the EU hydrogen economy?\nHow could the demand side of the hydrogen market be supported in decarbonizing at affordable prices considering the current energy crisis?|\n\nAgenda    Recording    ERCST Slides
URL:https://ercst.org/event/the-principle-of-technological-neutrality-and-hydrogen-incentives/
LOCATION:ERCST Rue Archimède 61\, Bruxelles\, Rue Archimède 61\, Bruxelles\, 1000\, Belgium
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20221027T150000
DTEND;TZID=UTC:20221027T170000
DTSTAMP:20260409T164630
CREATED:20220629T083849Z
LAST-MODIFIED:20240419T135755Z
UID:13179-1666882800-1666890000@ercst.org
SUMMARY:Border Carbon Adjustments in the EU: Launch of Report on CBAM: Aligning the design with evolving circumstances
DESCRIPTION: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 under its Inflation Reduction Act (IRA)\, but employing subsidies rather than pricing. \nThe IRA is a particularly salient example of evolving circumstances that invite further thinking about the CBAM’s elaboration and implementation. As well as the question of whether to credit for equivalent effort\, the IRA’s heavy subsidization may have relevance for the CBAM’s design in the area of export rebates\, timeline of implementation\, and roll-back of free allocation. \nOther current events also have relevance. Many European industrial sectors were already struggling with long-term competitive challenges but are now also facing unprecedented costs because of the Russia-Ukraine war and longer-standing supply chain disruptions. Are these evolving challenges grounds for rethinking aspects of CBAM\, or for an increasing focus on parallel supporting industrial policies? \nAt this event\, the ERCST Team launched its report on CBAM alignment with evolving circumstances\, presenting its own recommendations\, and discussing its analysis with experts. \nAgenda    ERCST Slides    Recording       
URL:https://ercst.org/event/border-carbon-adjustments-in-the-eu-launch-of-report-on-crediting-of-climate-policies-and-comparing-level-of-effort-under-the-cbam/
CATEGORIES:CBAM
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