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SUMMARY:Brainstorm on "2020 State of the EU ETS Report"
DESCRIPTION:The EU ETS Directive in its Article 10(5) refers to the fact that the European Commission has to submit each year a report on the functioning of the EU ETS.  Taking stock of the success\, or lack thereof\, of such an important instrument must be seen as an essential ingredient in ensuring it can deliver\, and that it keeps the EU on the path to decarbonisation\, while not losing sight of other important considerations\, in a world where there will continue to exist asymmetrical climate change policies.\nWhile the European Commission has its role to play in providing an official report\, it is also important that an independent review and assessment of the functioning and delivery of the EU ETS take place. ERCST\, together with a number of EU-based think tanks\, all with a long experience in the EU ETS and climate change policy debate\, have come together to develop a yearly report\, which provides an independent view of the state of the EU ETS\, and its deliveries\, at a certain time. The 2019 edition is available through this link.\nIn 2020\, the fifth annual report on the State of the EU ETS will be produced\, this year together with the Wegener Center on on climate and global change\, Bloomberg New Energy Finance and EcoAct. This first brainstorm meeting in Brussels will bring together a small group of stakeholders deeply involved in the EU ETS discussion\, to discuss the draft version of the 2020 report and highlight potential areas that need more attention.\nThe report focuses on 5 key areas: \n\nRecent policy developments and implications\nEnvironmental delivery\nEconomic delivery\nMarket functioning\nIssues to monitor for the future\n\nIf you are interested in participating\, please contact Domien at dvangenechten@ercst.org. More information on the project and event can be found here.\n \nWorkshop Material(s)\nAgenda\nPresentation – 2020 State of the EU ETS Report\n2019 State of the EU ETS Report\n \nUpcoming Events\nInternational Townhall: CBAM in an International ContextJune 23 @ 14:30 - 16:30\n\n \nPast Events\n2026 State of ETS – LaunchMay 20 @ 15:00 - 16:30Launch Event – Carbon Leakage under CBAM and Free AllocationMay 13 @ 10:30 - 12:30Launch Event – 2026 ETS ReviewApril 23 @ 10:00 - 12:00
URL:https://ercst.org/event/brainstorm-on-2020-state-of-the-eu-ets-report/
CATEGORIES:Event organised by ERCST
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