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 developed and developing economies. Carbon pricing is the policy in focus to reduce emissions, expand removals and raise revenues for further action on climate change. This policy brief focuses on the development of carbon pricing globally, with an emphasis on domestic carbon pricing and country-led international cooperation mechanisms.
Since the early 1990s, the European Union has nurtured the ambition to lead the fight against climate change. More recently, it has committed to achieving climate neutrality by 2050 and [...]
Cooperative, connected and automated mobility (CCAM) offers a unique opportunity to make EU transport systems safer, cleaner, more efficient and more user-friendly. In its most advanced form, CCAM services use [...]
The last five years have witnessed fundamental transformations which have created a new context that requires recalibrating EU transport policy and regulation: new mobility patterns after COVID; geostrategic shocks in [...]
Following the EMD reform of 2024, the Commission is tasked to publish a report on the ‘possibilities of streamlining and simplifying the process of applying for a capacity mechanism’ by [...]
Capacity mechanisms are gaining momentum in Europe, and the latest EU electricity market reform further reinforces their role. The negative externalities exerted by these national mechanisms in interconnected zones might, [...]
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 [...]
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