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This workshop brought together academia, other stakeholders and senior policy makers from different carbon markets worldwide (California, Canada, China, EU and New Zealand), in a unique process for a fruitful exchange.

A growing number of countries and of sub-national jurisdictions are using carbon markets to implement their Nationally Determined Contributions (NDCs) under the Paris Agreement. Recognising the emerging need to share the experiences on implementation of emissions trading systems to date, and to further promote emissions trading as a cost-effective climate policy tool policymakers, academics and other stakeholders will reflect upon recent developments in carbon markets around the globe and discuss future perspectives of carbon market cooperation. As one specific topic, they will discuss respective experiences with and future perspectives of offsets in carbon markets.

The event was  jointly organised with by DG Climate Action of the European Commission and is part of the so called ‘Florence process’ aimed to stimulate the on-going debate on carbon markets amongst international policymakers and experts.

Workshop by invitation only and held under the Chatham House Rule.


09:45 – 10:15 Welcome and coffee

10:15 – 10:30 Opening remarks
Brigid Laffan, European University Institute
Jos Delbeke, Senior Adviser for Relations with the Florence European University Institute, European Commission

10:30 – 13:00 Session 1: Current developments in carbon markets and future perspectives in carbon market cooperation

Discussion with the following experts moderated by Dirk Forrister, IETA:
• Robert Stavins, Harvard University
• Dan Dudek, Environmental Defensive Fund
• Lars Zetterberg, IVL Swedish Environmental Research Institute
• Glen Murray, Pembina Institute

13:00 – 14:30 Networking lunch

14:30 – 15:30 Session 2: Offsets in carbon markets – taking stock of experience

15:30 – 16:00 Coffee break

16:00 – 17:30 Session 3: Offsets in carbon markets – outlook

Overview by Juerg Fuessler (INFRAS) followed by a discussion with following experts moderated by Franzjosef Schafhausen, General Manager, Energy-Environment-Climate Consulting:
• Jonathan Shopley, Natural Capital Partners
• Stephanie La Hoz Theuer, Independent Consultant
• Pedro Martins Barata, Get2C

17:30 – 17:45 Closing remarks

19:30 Networking dinner
Dinner speech by Robert Stavins, A.J. Meyer Professor of Energy & Economic Development, John F. Kennedy School of Government, Harvard University.


Other workshops of the Florence Process:

Third Carbon Market Workshop, 21 March 2019

First Carbon Market Workshop, 25 September 2017


Monique Cavallari
Badia Fiesolana – Refettorio
Via dei Roccettini 9
San Domenico di Fiesole, FL 50014 Italy

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