There is a very large cost-effectiveness potential for the implementation of offsets under Emissions Trading Schemes (ETSs). The scientific literature highlights that heterogeneity in offset provisions between prospective partners in an ETS linkage should be addressed for the sake of linking, but is not regarded as a priority.Co-benefits of offset projects are typically insufficiently incentivised, while adverse impacts have been reported on the local communities. In general, the experience with the Clean Development Mechanism (CDM) can greatly inform offset provisions design. Experts at the Carbon Market Policy Dialogue share insights on the most successful offset provisions. The Paris Agreement and its Article 6 can foster ETS linking, but requires additional coordination by prospective partners on key aspects.
Aviation is crucial for Europe's mobility, connectivity and competitiveness. With over 900 million air passengers travelling to, from and within the European Union each year, Europe makes up a third [...]
Lack of interoperability is increasingly becoming a significant issue in the electricity sector. The need to integrate a growing amount of distributed resources, such as renewable energy sources and electric [...]
The energy transition calls for a rapid expansion of electricity grids at both transmission and distribution levels. Technological progress and digitalisation offer new solutions to system needs that can increase [...]
The interaction of “Contracts”, “Markets” and “Law and Regulation” have informed the economic analysis of market economies for over 40 years. One of the main lessons learnt is that (contracts), [...]
Rail transport and inland waterways are crucial to achieve the objectives outlined in the Green Deal agenda. These aims include a 55% reduction in greenhouse gases by 2030 and attaining [...]
Urban mobility plays a key role for the promotion of the socio-economic development of a country. Particularly, MaaS platforms are important for those daily journeys made by travellers that must [...]
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