The French Presidency of the Council announced that reaching an agreement on CBAM will be one of its top priorities. As discussions have intensified both in the European Parliament and between Member States, the Green Trade Network issues this Summary for EU decision-makers highlighting four mutually reinforcing essential principles to be respected to deliver on a robust, effective and ambitious CBAM.
12 results found for "carbon price" ordered by most recent first
This blog post reflects on the year in sustainable finance together with colleagues of Think Sustainable Europe, the pan-European Network of sustainability think tanks coordinated by IEEP.
The EU Carbon Border Adjustment Mechanism (CBAM) proposal, as it currently stands, is legally sound but requires to be improved through a more rapid phase-out of free allowances and the mobilisation of revenues for climate justice.
The European Commission’s ‘Fit for 55’ package of proposals would extend EU-wide carbon pricing from around 22 percent of EU greenhouse gas emissions today to over two thirds of EU emissions by 2030, according to an initial analysis by the Institute for European Environmental Policy (IEEP).
This briefing explores the potential implications of an EU Carbon Border Adjustment Mechanism (CBAM) for climate vulnerable countries.
IEEP has submitted feedback to the European Commission’s public consultation, calling for a circular economy-compatible carbon border adjustment mechanism with the aim of delivering the EU’s climate objectives in a synergetic manner.
A review of what think tanks and civil society are saying on the conditions for a green and sustainable recovery from the COVID-19 crisis
According to IEEP’s calculations, an additional €381 billion of revenues in “pollution dividends” could be generated to support workers, households, countries and regions affected by the economic aftermath of the COVID-19 pandemic.
The impact of flying on climate has been in the news lately. How big of a problem are aviation emissions and what is being done about them in Europe?
Following French president Emmanuel Macron’s decision to rethink a carbon tax on vehicle fuel in the face of widespread protests, Celine Charveriat and Emma Watkins consider what lessons policymakers should learn from the gilets jaunes affair.
The Commission has set out its initial proposals for the next “Multi-Annual Financial Framework” – the planning period for the EU budget which sets the priorities for spending, and shares out EU money between programmes and Member States. We’ve been examining what’s at stake for the environment, sustainable development, and Europe’s future.
Investments in improving the environment and in remediation of environmental damage – Comparative study of different measures funded through the use of economic environmental instruments
The effective utilisation of revenue from market based instruments is a way to achieve both environmental improvements in line with the promotion of a Green Economy, and to mitigate greenhouse gas emissions. Given the existing shortfall in climate finance, the potential to generate revenue through auctioning under the EU-ETS should not be overlooked.