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SUMMARY:Virtual Mexico-EU Town Hall on Border Carbon Adjustments
DESCRIPTION:European Roundtable on Climate Change and Sustainable Transition (ERCST) and Iniciativa Climática de México (ICM) are organising a virtual Mexico-EU “town hall meeting” on August 27\, 2020 on the role that Border Carbon Adjustments (BCAs) may play in addressing asymmetry in climate ambition under the Paris Agreement\, with special focus on the plans that the European Union has to examine this option. This activity together with other similar planned “town hall” meetings will feed into a policy paper on the international views on BCA that ERCST will publish in collaboration with its partners.\nThe European Green Deal has strengthened the level of climate ambition\, increasing the asymmetry of climate efforts by aiming to achieve climate neutrality in the European Union by 2050. This raises the question of how to deal with competitive pressure and carbon leakage\, pushing BCAs to the front as a possible solution.\nBorder carbon adjustments (BCAs) aim to alleviate negative effects caused by uneven climate policies by including imports and/or exempting exports. BCAs seek to level the playing field in competitive markets\, incentivize trade partners to strengthen their own climate efforts and prevent leakage of carbon emissions to jurisdictions with weaker policies. These objectives can be achieved by a tariff or other fiscal measure applied to imported goods\, the extension of regulatory compliance obligations (e.g. ETS) to imports or a tax exemption or regulatory relief for exports.\nThis virtual town-hall is part of the ERCST project on border carbon adjustment\, which is supported by Eurofer\, Enel\, FuelsEurope\, the Government of France\, the Government of Germany\, HeidelbergCement\, MetInvest\, and Solvay.\n  \nParticipation in these town halls is by invitation only. If you wish to participate\, please contact Dariusz at ddybka@ercst.org \n \nWorkshop Material(s)\nAugust 27\, 2020 Agenda Mexico Town Hall\nPress release – announcement of cooperation on BCAs with Iniciativa Climática de México\nAugust 27\, 2020 ERCST presentation Mexico-EU Town Hall\nAugust 27\, 2020 MANS presentation\nAugust 27\, Nota de prensa BCA Mexico-EU\nUpcoming Events\nStakeholder Consultation: CBAM in an International ContextApril 22 @ 15:00 - 17:00Launch Event – 2026 ETS ReviewApril 23 @ 10:00 - 12:00Launch 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\n2026 Review of EU ETS – Stakeholder meetingApril 1 @ 15:00 - 17:00Launch Event – Policy options for sustainable mobility: the road to decarbonizationApril 1 @ 10:00 - 12:00Quo Vadis ETS: Challenges and SolutionsMarch 23 @ 16:00 - 18:00
URL:https://ercst.org/event/virtual-mexico-eu-town-hall-on-border-carbon-adjustments/
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