Proceeding of EU ETS Seminar

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The views expressed in the presentations available through the following links are those of the authors and do not necessarily reflect the views of the United Nations Industrial Development Organization (UNIDO). These presentations are in the form they were presented at the meeting and have not been reviewed or edited by UNIDO and the material contained therein is the sole responsibility of the authors. 

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Welcoming remarks/Opening Session

Regulation and infrastructure ; how linked and ready to trade is the EUETS

Panel Session 1: What is the status of regulatory implementation?

Panel Coordinator: Dr Bill Kyte, Chairman, UK Emissions Trading Group

Themes:

§ State-of-play of the NAPs implementation;

§ Early lessons from implementation;

§ Looking ahead to phase two

§ Issues and national frameworks for implementing the linking with CDM and JI

Panel Session 2: Regulatory Issues Surrounding the Use of the Linking Directive to meet EU ETS Compliance Requirements

Panel Coordinator: Mr. Feiler József, Ministry of Environment, Hungary

Themes:

§  National offset projects, indirect emissions & double counting

§  Issues arising from national implementation of linking directive

§  Impacts of Linking Directive on demand for CDM, project types and project location

§  Importing CERs into the European trading system: key issues and implications

§  CER &ERU delivery risks and risk mitigation

Panel Session 3: Corporate decision-making & compliance management

Panel Coordinator: Jeff Chapman, UK Trade Investment, UK

Themes

§  Planning & implementation of corporate responses and trading strategies

§  Industry perspective on using CDM/JI to meet EU ETS compliance obligations

§  Lessons learnt from early trading activities

§  Tools and options to hedge compliance risks

§  Early assessment of EU ETS by industry: what works and what does not work

§  Existing tools and standards to help industry to develop and implement a trade transaction

Market infrastructure on the corporate, trade/exchange and regulatory level

Panel Session 4: Monitoring, Reporting, Verification and Accounting: issues at installation and company level

Panel Coordinator: Mr. Ingo Puhl, Managing Director, 500ppm GmbH

Themes

§  Installation level MRV issues.

§  MRV for JI&CDM

§  Double counting of emission reductions

§  Current issues and practical experiences in MRV

§  Data management for MRV

Panel Session 5: Registries and transaction logs: information exchange and reporting

Panel Coordinator: Mr. P. Pembleton, UNIDO

Themes:

§  The flow of EUA, CER and ERU in the system of registries

§  Legal issues/transfer risks

Panel Session 6: Trading Infrastructure, Market Depth, Current Participants, Trends and Implications

Panel Coordinator:  Edwin Aalders, IETA

Themes:

§  Where does trading take place and what is traded.

§  Who participates in trades and what are barriers to market entry?

§  Key market characteristics: size, depth, liquidity, volatility, participants, other;

§  What determines EU carbon price for phase one

Panel Session 7: Beyond 2008: Linking to non-EU Schemes and new instruments

Panel Coordinator: Dr. Jürgen Salay, European Commission, DG Environment, Climate, Ozone and Energy Unit

Themes:

§  Pathways to linking with non-EU trading systems

§  Trading of AAU/green AAU

Papers

Alexandre Grebenkov and Sergei Levchenko