The EU ETS is the cornerstone of the EU’s climate policy as well as still today the largest emissions trading scheme in the world. Launched in 2005, the EU ETS regulates greenhouse gas (GHG) emissions from more than 11,000 heavy energy-using and power generating installations and airlines, covering about 45% of the EU’s total GHG emissions. 31 countries participate in the scheme: the 28 EU Member States plus Lichtenstein, Norway and Iceland.

Though it can be of use to any EU ETS stakeholder, this online training course aims to provide policy makers in the first place with a comprehensive analysis of the functioning of the European carbon market and of its performance.

Video Lectures

• EU climate policies and the EU ETS
  Simone Borghesi and Stefanie Hiesinger
• Allowance allocation, competitiveness effects, and carbon leakage: Part 1 | Stefano Verde
• Allowance allocation, competitiveness effects, and carbon leakage: Part 2 | Stefano Verde
• Low-carbon innovation and investment | Francesco Nicolli
• Interactions with other policies and the Market Stability Reserve | Luca Taschini
• The international dimension | Interview with Tong Zhu and Andrei Marcu

Live Classes’ Presentations

• EU climate policies and the EU ETS (PDF)
  Simone Borghesi and Stefanie Hiesinger
• Allowance allocation, competitiveness effects, and carbon leakage (PDF)
  Stefano Verde and Misato Sato
• Low-carbon innovation and investment (PDF)
  Francesco Nicolli and Aleksandar Zaklan
• Interactions with other policies and the Market Stability Reserve (PDF)
  Isabella Alloisio and Luca Taschini
• The international dimension (PDF)
  Tong Zhu and Andrei Marcu

This 5-week online course will include video lectures, readings, as well as interactive online activities. A one-hour live class will take place each week on Fridays, aimed at discussing issues related to the module of the week and enabling interaction between the participants and the instructors.

The programme of the course comprises the following 5 modules:

• Week 1 (11-15 Jun) EU climate policies and the EU ETS
• Week 2 (18-22 Jun) Allowance allocation, competitiveness effects, and carbon leakage
• Week 3 (25-29 Jun) Low-carbon innovation and investment
• Week 4 (2-6 Jul) Interactions with other policies and the Market Stability Reserve
• Week 5 (9-13 Jul) The international dimension.

This training primarily targets European policy makers working in the area of the EU ETS. However, it can be of interest also for anyone who is not already well familiar with the subject and would like to learn more about it.

At the end of the course, the participants can earn a Certificate of Completion or a Certificate of Excellence, depending of their performance throughout the course.

The course is free of charge