The ETS has emerged as the backbone of 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 aimed at aligning the emissions pathway of the ETS sectors with the new EU climate targets. Throughout the next decade, the ETS […]
On December 13 the European institutions reached a provisional agreement in the CBAM trilogues. The transitional phase of the Carbon Border Adjustment Mechanism will start in October 2023, with actual implementation starting from 2026. The final details were yet to be concluded at this stage. This event, which is part of the ERCST CBAM […]
The Due Diligence Directive Directive is part of the unfolding EU corporate sustainability landscape which aims at integrating sustainability to strategies and everyday activity of large undertakings. Among them the CSDDD is a special case. It focuses on environmental and human rights impacts of businesses, but it also introduces an obligation for large companies to […]
On December 13th the European Parliament and the Council reached a political agreement to introduce an EU Carbon Border Adjustment Mechanism. Although not part of the initial European Commission Proposal, CBAM will also apply to hydrogen together with cement, iron and steel, aluminium, fertilisers, and electricity. During this meeting we took stock of the implications […]
Review of Carbon Leakage Risks of CBAM Export Goods
