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DTSTART;TZID=Europe/Paris:20210121T100000
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DTSTAMP:20260501T202109
CREATED:20201218T095502Z
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UID:10084-1611223200-1611230400@ercst.org
SUMMARY:Preparing for the review of the EU ETS - use and division of revenues & reflections on the December EUCO conclusions
DESCRIPTION:This meeting is under Chatham House Rules \nThis meeting is part of a series of webinars which are part of ERCST’s work stream on the revision of the EU Emission Trading System. Our aim is to bring together a group of stakeholders on a regular basis to discuss the most important issues on the table for the EU ETS revision. This webinar will be an opportunity for participants to engage in a discussion on the division and use of the EU ETS revenues\, including through dedicated funding mechanisms.\nCurrently\, auction revenues are divided among Member States according to their share of historical emissions.  Revenues can be used at a Member State’s own discretion\, although at least 50% should be used for climate- and energy-related purposes. Up to 25% can also be used by Member States to compensate for the indirect costs firms incur through increased electricity prices.\nMoreover\, provisions have been introduced in the past to increase the amount of allowances to be auctioned by lower-income Member States (the Solidarity Provision) or to set aside auctioning revenues to finance investments in particular low-carbon technological solutions (the Innovation Fund)\, and energy system investments in Central and Eastern European Member States (the Modernisation Fund).\nIn light of a strengthened 2030 target\, some Member States have come forward with proposals to increase the size of the Modernisation Fund. At a meeting of EU environment ministers in October\, Poland also proposed to change the baseline period for dividing allowances to be auctioned.\nThe European Commission is also looking into this issue\, especially regarding the size of the funding mechanisms\, as evident from the Inception Impact Assessment and Public Consultation.\nThe conclusions of the December European Council meeting\, in which Member States endorsed a net domestic GHG reduction target of at least 55% by 2030\, also included text on this issue\, most notably paragraph 18\, which reads that “The problem of imbalances for beneficiaries of the Modernisation Fund in not receiving revenues that are equivalent to the costs paid by the ETS installations in those Member States will be addressed as part of the upcoming legislation.” These and other issues will have to be operationalised in the upcoming months.\nThe European Council is expected to return to the matter in March\, and the European Commission will come forward with its proposal for the review in June.\n  \nRegistration link \n  \nThis webinar is supported by PGE Group. \n \nWorkshop Material(s)\nAgenda\nPresentation by ERCST – use and division of ETS revenues \nPresentation by Cillian O’Donoghue\, Eurometaux\nPresentation by Katie Treadwell\, WWF Europe\n \nUpcoming Events\nLaunch Event – Carbon Leakage under CBAM and Free AllocationMay 13 @ 10:30 - 12:302026 State of ETS – LaunchMay 20 @ 15:00 - 16:30International Townhall: CBAM in an International ContextJune 23 @ 14:30 - 16:30\n\n \nPast Events\nLaunch Event – 2026 ETS ReviewApril 23 @ 10:00 - 12:00Stakeholder Consultation: CBAM in an International ContextApril 22 @ 15:00 - 17:002026 Review of EU ETS – Stakeholder meetingApril 1 @ 15:00 - 17:00\n 
URL:https://ercst.org/event/preparing-for-the-review-of-the-eu-ets-use-and-division-of-auctioning-revenues/
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DTSTART;TZID=Europe/Paris:20210128T140000
DTEND;TZID=Europe/Paris:20210128T160000
DTSTAMP:20260501T202109
CREATED:20201218T122452Z
LAST-MODIFIED:20201218T122452Z
UID:10086-1611842400-1611849600@ercst.org
SUMMARY:Stakeholders' Views on the Public Consultation for the revision of the EU Emissions Trading System
DESCRIPTION:This meeting is under Chatham House Rules  \nAs part of the policy updates foreseen under the European Green Deal\, the European Commission will review all relevant EU policies against the increased targets\, including the emissions trading system. Following the feedback period on the Inception Impact Assessment (IIA) for the Revision\, which took place between October 29\, 2020 and November 26\, 2020 the Commission is now welcoming submissions to its public consultation.\nThis meeting is part of a series of webinars which are part of ERCST’s work stream on the revision of the EU Emission Trading System as part of the European Green Deal. Our aim is to bring together a group of stakeholders on a regular basis to discuss the most important issues on the table for the EU ETS revision.\nThis webinar will focus on stakeholders’ initial reactions to the European Commission’s Public Consultation\, which will be closed on February 5\, 2021. It will start with a presentation from ERCST\, outlining some of the key themes\, followed by views from invited speakers and a discussion among participants. \n\n\nWorkshop Material(s)\n\nAgenda\nPresentation by ERCST on the public consultation\nPresentation by C. Ambel\, T&E (Road Transport)\nPresentation by S. Defour\, T&E (Maritime Shipping)\n\n \n \nUpcoming Events\nLaunch Event – Carbon Leakage under CBAM and Free AllocationMay 13 @ 10:30 - 12:302026 State of ETS – LaunchMay 20 @ 15:00 - 16:30International Townhall: CBAM in an International ContextJune 23 @ 14:30 - 16:30\n\n \nPast Events\nLaunch Event – 2026 ETS ReviewApril 23 @ 10:00 - 12:00Stakeholder Consultation: CBAM in an International ContextApril 22 @ 15:00 - 17:002026 Review of EU ETS – Stakeholder meetingApril 1 @ 15:00 - 17:00
URL:https://ercst.org/event/stakeholders-views-on-the-public-consultation-for-the-revision-of-the-eu-emissions-trading-system/
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