The paper is part of the RTA Exchange on Dispute Settlement project. It is aimed at analysing experiences and best practices, with a view to cultivating creative ideas for global trade policymaking and facilitating the enforcement of RTAs, taking into account their practical feasibility and the political realities.
This technical paper accompanies a shorter policy paper, and is the outcome of a year-long effort, which included a series of stakeholder engagements in five EU capitals at the beginning of 2018. It is produced under the project “Developing the EU Long-Term Climate Strategy, ” a joint initiative of Bruegel and the European Roundtable Climate Change and Sustainable Transition (ERCST/ICTSD). The technical paper seeks to explore the choices that need to be made across the main issues that might need to be included in the development of a new EU long-term climate strategy, as well as the analyses of potential trade-offs implied by these choices.
This policy paper seeks to develop a series of consistent choices upon which the new European Long-Term Climate Strategy can be built. It is produced under the project “Developing the EU Long-Term Climate Strategy, ” a joint initiative of Bruegel and the European Roundtable Climate Change and Sustainable Transition (ERCST/ICTSD), and is accompanied by a technical paper. The policy paper is the outcome of a year-long effort, which included a series of stakeholder engagements in five EU capitals in early 2018.
The EU Emissions Trading System (EU ETS) is important through its role as the “cornerstone” of EU climate change policy as well as a “role model” and “pioneer” for carbon markets. It is important that, in addition to the regulatory requirements, it be subjected to a thorough and independent review, to discover if it delivers on explicit, and what have become “expected” objectives, as well as discover any issues that need to be better understood. Availability of public data has been identified as a barrier to some parts of this analysis. The State of the EU ETS Report aims to be an independent contribution to the policy debate, which is needed to ensure that the EU ETS is “fit for purpose.” This report discusses the current state of play in the EU ETS while abstaining, to the extent possible, from providing solutions.