Publications

Flow of tracking ITMOs & performing, reporting, recording and review of corresponding adjustments

08/05/2019

This reflection paper aims to explore these differences in understanding and interpretation of the flow of tracking of ITMOs and performing, reporting, recording, and review of corresponding adjustments, and tries to capture what they imply by these different views, when looking from the perspective of practical implications. The paper is not intended to advocate any particular position.

Author(s): Andrei Marcu & Supanut Chotevitayatarakorn, TGO

2019 State of the EU ETS Report

07/05/2019

The yearly State of the EU ETS Report aims to be an independent contribution to the policy debate, which is needed to ensure that the EU ETS is “fit for purpose.” This report discusses the current state of play in the EU ETS while abstaining, to the extent possible, from providing solutions. 

This report is undertaken by ERCST, ICIS, I4CE, EcoAct and the Wegener Center

Author(s): Andrei Marcu, Emilie Alberola, Jean-Yevs Caneill, Matteo Mazzoni, Stefan P. Schleicher, Wijnand Stoefs, Charlotte Vailles, Domien Vangenechten and Federico Cecchetti

The 'Article 15 Committee' to Facilitate Implementation and Promote Compliance

15/04/2019

This policy brief outlines the modalities and procedures for the operation of the 'Article 15 committee', as set up by Article 15 of the Paris Agreement, looking at the nature, composition, competences and decision-making of the Committee. It gives an overview of the ways in which issues will be brought before the Committee, how the Committee could respond and possible further steps in its development.

Author(s): Christina Voigt

Corresponding Adjustments: Interpretation of the “Buffer Account"

15/04/2019

This paper aims to address a reoccurring issue in the Article 6 "corresponding adjustments" negotiations for further elaboration: namely, what is to be adjusted under the "buffer account approach". It provides a brief overview of this approach, providing an example formula and an illustrative example, in order to help clarify any remaining confusion.

Author(s): Andrei Marcu

Possible Interpretation of Brazil's Position on Article 6 and Corresponding Adjustments

20/03/2019

This paper offers our interpretation and understanding of the discussion surrounding these issues. It gives a brief overview of the following topics and issues: First Transfer for Article 6.4 units; Corresponding adjustments; What is meant by beyond NDC; and NDC Accounting vs. Inventory Accounting.

Author(s): Andrei Marcu & Chandra Sinha 

Reflections Post-Katowice

18/03/2019

This paper offers key insight into some of the pivotal issues and reflections surrounding the  negotiations and outcomes of Article 6 of the Paris Agreement from the COP 24 in Katowice.

Author(s): Andrei Marcu

Rulebook for Article 6 of the Paris Agreement - Takeaway from the COP 24 outcome

25/02/2019

In order to better understand the Article 6 outcomes from COP 24 in Katowice, this paper examines and compares the different versions of text that emerged at key moments in the two weeks of negotiations, and tries to identify evolution and changes in key issues in the text, and discuss and analyse these changes.

Author(s): Andrei Marcu and Mandy Rambharos

Position Paper - Free allcoation adjustments due to activity level changes in Phase 4 of the EU ETS

22/02/2019

This position paper accompanied ERCST's response to the European Commission's public consultation regarding the implementing act on free allocation adjustments due to activity level changes. 

Author(s): Andrei Marcu, Wijnand Stoefs and Domien Vangenechten

The EU's NDC after the Talanoa Dialogue - Options paper

21/01/2019

This paper explores a number of major options that the EU could consider if the decision is made to enhance the EU NDC. It shows that the options are varied, with significant differences in terms of additional mitigation effort, political will and environmental impacts.

Author(s): Andrei Marcu, Simone Borghesi, Wijnand Stoefs, Isabella Alloisio, Francesco Nicolli, Domien Vangenechten

The EU's NDC after the Talanoa Dialogue - Policy paper

26/11/2018

This paper accompanies the 'Options paper' on ways to enhance the EU's NDC after the Talanoa Dialogue. It was released right before COP 24 in Katowice. It draws a number of overall conclusions based on discussions held with stakeholders, both through a survey as well as through workshops organised in Bratislava, Brussels, Bucharest, Florence, Prague and Warsaw.

Author(s): Andrei Marcu and Simone Borghesi

Funding Mechanisms in the fourth phase of the EU ETS: Exploring what is known and identifying issues for clarification and discussion

19/09/18

This paper has two objectives: Firstly, it aims to lay out the components and provide an understanding of the functioning of these different funding mechanisms embedded within the EU ETS, and explore how they are articulated to one another. Secondly, it tries to identify issues that need to be further understood and clarified in terms of the operationalisation of the four funding mechanisms.

Author(s): Andrei Marcu, Jean-Yves Caneill, Wijnand Stoefs,  Domien Vangenechten

Article 6.2 Advanced Options Paper

15/08/18

This advanced options paper on article 6, paragraph 2 of the Paris Agreement is an update of the option paper (Straw Man) jointly produced by Reed Smith and ICTSD in February 2018.

Author(s): Andrei Marcu, Peter Zaman

Northeast Asia Carbon Market and Trade Connections

03/07/18

This Asia Society Policy Institute (ASPI) and ICTSD report focuses on carbon pricing and the linking of carbon pricing systems as a potential catalyst for increased trade relationships.

Author(s): Andrei Marcu, ASPI

Decoding Article 6 of the Paris Agreement

30/04/18

This publication examines the options for establishing guidance, rules, and modalities for the key elements of Article 6, decoding main issues.

Author(s): Andrei Marcu

What is standing in the way of a happy ending? Reflections on Art 6 before SBSTA 48

26/04/2018

This paper is intended as a reflection on some of the issues that need to be recognised, and may need attention, if we are to deliver at the COP in Katowice.

Author(s): Andrei Marcu

Glossary of Terms for Article 6.2

26/04/2018

This Glossary of Terms is meant as a starting point for discussion and will be improved as we get comments and as negotiations progress.

Author(s): Andrei Marcu

Developing the EU Long-Term Strategy. Technical paper

18/04/18

This technical paper is the outcome of a year-long effort, which included a series of stakeholder engagements in five EU capitals at the beginning of 2018.

Author(s): Andrei Marcu, Georg Zachmann, Samuel Gonzalez Holguera, Wijnand Stoefs

Developing the EU Long-Term Strategy. Policy paper

18/04/18

This policy paper seeks to develop a series of consistent choices upon which the new European Long-Term Climate Strategy can be built. It is produced under the project “Developing the EU Long-Term Climate Strategy". 

Author(s): Andrei Marcu, Georg Zachmann

2018 State of the EU ETS Report

17/04/18

The EU Emissions Trading System (EU ETS) is important through its role as the “cornerstone” of EU climate change policy as well as a “role model” and “pioneer” for carbon markets. 

Author(s): Andrei Marcu, Emilie Alberola, Jean-Yevs Caneill, Matteo Mazzoni, Stefan P. Schleicher, Wijnand Stoefs, Charlotte Vailles, Domien Vangenechten

Managing a Sustainable Transition to a Low-carbon Society: The Socio-economic Impacts of Mitigation

15/04/18

This policy brief looks at how to identify and manage the expected and unintended socio-economic impacts of greenhouse gas (GHG) mitigation policies. 

Author(s): Andrei Marcu, Domien Vangenechten

"Straw Man" for Article 6.2

13/02/18

This paper seeks to capture some of the issues that need to be addressed in the rulebook for article 6 of the Paris Agreement, and unpack the options for each issue, with the intention of catalyzing a discussion among Parties.

Author(s): Andrei Marcu, Peter Zaman

Issues and Options: elements for text under Art. 6

20/10/17

This paper seeks to capture some of the issues that need to be addressed in the rulebook for article 6 of the Paris Agreement, and unpack the options for each issue, with the intention of catalyzing a discussion among Parties.

Author(s): Andrei Marcu, Wijnand Stoefs, Domien Vanegenechten, Oliver Martin-Harvey, Samuel González Holguera

Addressing policy overlaps through the governance of the Energy Union

21/09/17

This paper addresses what the Governance proposal does not currently include, specifically, provisions to address interactions between elements of the Energy Union. 

Author(s): Andrei Marcu, Wijnand Stoefs and Samuel González Holguera

2017 State of the EU ETS Report

07/05/17

This report discusses the current state of play in the EU ETS while abstaining, to the extent possible, from providing solutions.

Author(s): Andrei Marcu, Emilie Alberola, Jean-Yves Caneill, Matteo Mazzoni, Stefan Schleicher, Wijnand Stoefs and Charlotte Vailles

Issues for discussion to operationalise Article 6 of the Paris Agreement

02/05/17

This paper focuses on the issues that emerged from previous discussions and submissions and which the author believes will require further examination as part of the effort to make Article 6 operational. 

Author(s): Andrei Marcu

Article 6 of the Paris Agreement Reflections on Submissions by Parties before Marrakech

02/05/17

This paper examines submissions made prior to COP 22 on views related to guidance for the Article 6 items. It highlights the many important issues covered in them and discusses implications of the various interpretations. 

Author(s): Andrei Marcu

Views on Mitigation Value and its Application

02/05/17

This paper analyses the concept of mitigation value and its application, and the relationship between mitigation value and compliance value. 

Author(s): Andrei Marcu