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EU Effort Sharing Decision after 2020

EU Effort Sharing Decision after 2020

Project-Based Mechanisms and Other Flexibility Instruments
How to enhance flexibility?

The European Council agreed that flexibility within the non-ETS sectors will be "significantly enhanced" after 2020. A new paper by the Ecologic Institute analyses options to enhance flexibility. The paper focusses on project-based mechanisms and is available for download.


Citation

Meyer-Ohlendorf, Nils 2015: EU Effort Sharing Decision after 2020: Project-Based Mechanisms and Other Flexibility Instruments. Berlin.

Language
English
Year
2015
Dimension
39 pp.
Project ID
2111
Table of Contents

1. List of Abbreviations
2. Summary
3. Introduction
4. Implementation of the ESD: status quo and emission trends
5. 2020 ESD: Current System of Flexibility – Status and Experiences
6. Enhanced Flexibility for 2030: Reform Options and Basic Requirements
7. Project-based mechanisms
7.1. Rationale: (Why) do we want this?
7.2. European Project Mechanism (EPM)
7.2.1. Common Design Elements
7.2.2. EPM: Based on public tendering and monetary payment
7.2.3. EPM: Based on public tendering and transfer of AEAs
7.3. Clearing House
7.4. Transfer of Article 24a credits
8. Other Options to Enhance Flexibility
8.1. Borrowing and banking
8.2. One-off ETS transfer
8.3. AEA Trading between Member States
8.4. Auctioning of AEAs
9. References