The international dimension of an emissions trading system (ETS) pertains to the capacity of its regulation to produce economic and environmental effects overseas, whether through the linkage with other systems or by leading by example. • A result that the Paris Agreement has already achieved is the revival of positive prospects for the international carbon market. International cooperation, including through carbon market integration, is expected to be a means for achieving the goal of climate stabilisation. • The EU ETS is likely to have a pivotal role in the prospective processes of carbon market integration. • Integrating ETSs is generally a lengthy process. Deep carbon market cooperation is necessary to prepare and implement the linkage of ETSs and subsequently to manage the new system. • There is likely to be a growing demand for more streamlined procedures for preparing and managing carbon market integration processes. Shared knowledge, mutual trust and transparency among the institutions involved are preconditions to achieve, but further learning is needed to facilitate the subsequent steps of those processes.
In the Commission’s Industrial Carbon Management Strategy it acknowledges the importance of CCUs, and that without it the EU will not succeed in its Green deal and Net Zero ambitions. [...]
The Recast Directive opens the single European railway area to competition. Competition is gradually emerging across the EU but there are obvious asymmetries among Member States, in particular in the [...]
As the 2021 EU urban mobility framework states, Europe is one of the most urbanised regions in the world with a huge variety of cities that are important economic and [...]
For decades, environmental degradation has been the focus of public opinion, academia, research centers, and institutions. This attention is motivated by increasing awareness of the severe ecological and socio-economic problems [...]
This policy brief, written in May 2024, provides an overview of the international carbon market landscape and describes the status quo in terms of the degree of its integration and [...]
The general objective of the report is to map – quantitatively and qualitatively – the main existing policy frameworks and strategies for sustainable development (SD) and sustainability transitions (ST) in [...]
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