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SUMMARY:EU ETS Market Stability Reserve: Coping with COVID-19 and preparing for the review
DESCRIPTION: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.\nHalf a year later\, the context of this upcoming review has changed completely. The European Green Deal announced an increase in the 2030 and 2050 ambition\, and mandated a review of the entire Energy and Climate Framework\, for which the proposal is expected by June 2021. In recent months\, Europe and the rest of the world has been hit by COVID-19\, and the measures put in place to address the health crisis will have strong impacts on the economy\, accompanied by significantly lower CO2 emissions in 2020.\nThis meeting aims to explore the ramifications of the current crisis on the EU ETS\, and on the functioning of the Market Stability Reserve. Moreover\, a discussion is warranted on what is still to be expected from the mandated MSR review itself\, given the expected proposal for the revision of the entire ETS directive\, and how the two will be articulated.\n  \nRegistration Link \n \nWorkshop Material(s)\nAgenda\nBackground note on the MSR by ERCST\nPresentation by ERCST\nPresentation by L. Redshaw\, Redshaw Advisors\nPresentation by H. Fjellheim\, Refinitiv \nPresentation by J. Graichen\, Öko-Institut\nPresentation by M. Ovaere\, Yale University\n \nUpcoming Events\nA Vision for the future of EU Carbon Market Governance (COP31)November 9 @ 17:00 - 18:00Advancing Paris Agreement Implementation through Nuclear Energy and Carbon Markets (COP31)November 12 @ 13:00 - 14:00IMO: Approaches to ship decarbonization (COP31)November 14 @ 16:00 - 16:45The State of the EU CBAM: What makes CBAM a success? (COP31)November 19 @ 16:00 - 16:45Corporate Sustainability Due Diligence: Ensuring Efficiency and Legal CertaintyNovember 26 @ 14:00 - 16:00\n\n \nPast Events\nLaunch Event :  Review of the EU ETS – Free allocation investment conditionalityNovember 4 @ 15:00 - 17:00State of EU ETS – Kick Off with Advisors Groups and PartnersNovember 4 @ 10:00 - 12:00Expert Consultation: Integration of Carbon Removals into the EU ETSOctober 29 @ 10:00 - 11:30
URL:https://ercst.org/event/market-stability-reserve-coping-with-covid-19-and-preparing-for-the-review/
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