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.
The European Commission has confirmed plans to enshrine a 90% greenhouse gas (GHG) reduction target by 2040 into law, in line with the European Climate Law’s goal of achieving climate [...]
With 2023 being the hottest year documented and global emissions remaining at record-high levels, we are reminded about the importance of translating climate commitments into effective policies – across both [...]
This report summarises the insights collected during the workshop on “The role of carbon markets in reaching carbon neutrality”, which took place in June 2024. This workshop was part of [...]
The report prepared by Mr Draghi, former President of the European Central Bank and former Prime Minister of Italy, to the European Commission entitled “EU competitiveness: Looking ahead” (“the Draghi [...]
Le Pacte vert européen vise à rendre l’Europe neutre pour le climat d’ici à 2050. Sa déclinaison nationale, la Stratégie nationale bas-carbone (SNCB), propose une feuille de route fondée sur [...]
This dataset aims to provide a list of installation entries and exits into and from the EU ETS. To the extent possible, we also specify the reason for an identified [...]
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