About three quarters of the estimated productivity potential comes from catching up, only one quarter from pushing the frontier.

Trilemma objectives of mitigating greenhouse gases and lowering pollution through good technologies, enhancing energy security through smart technology solutions, and delivering innovative energy solutions to rural households depend on effective technology-sharing and reduction of tariff and non-tariff trade barriers.

International trade agreements, such as the APEC agreement (Asia-Pacific Economic Cooperation), serve as leading examples at a time marked by international disputes over energy subsidies and other protectionist measures. Other regional economic and trade platforms, such as ECOWAS (Economic Community of West African States), have the ambition to achieve the same. As environmental goods represent a trade market of approximately US$1 trillion annually, a recent World Energy Council study shows that reducing barriers to trade and investment can be a powerful economic force, supporting cost effectiveness and efficient decarbonisation of the energy sector and helping countries to successfully address their energy trilemma. 

In this session, organised at the 23rd World Energy Congress, panellists discussed how countries can tackle tariffs and non-tariff measures (NTMs) to accelerate the transfer of low-carbon technologies across borders; how  the APEC agreement can be replicated on a regional or global level; and whether local content requirements are aligned with a trilemma agenda that depends on effective deployment of best technologies?

Discussion Leaders

Ricardo Meléndez-Ortiz, Chief Executive, International Centre for Trade and Sustainable Development (ICTSD)

David Shark, Deputy Director-General, World Trade Organisation

Guillermo Bravo, Senior Vice President, Strategic Relations, Abengoa

Morlaye Bangoura, Commissioner, Energy and Mines, Economic Community of West African States (ECOWAS)                                        

Moderator

Timothy Richards, Senior Executive, Government Affairs & Policy, Middle East, North Africa & Turkey, GE (General Electric)

 

The session took place at 14:15-15:30 at the Istanbul Congress Center. 

For more information about the 23rd World Energy Congress, please visit the conference website.

 

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Istanbul, Turkey
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Mutual Recognition Agreement on Conformity Assessment: A Deliverable on Non-Tariff Measures for the EGA?Addressing Energy Efficiency Products in the Environmental Goods Agreement: Issues, Challenges and the Way ForwardIdentifying Products with Climate and Development Benefits for an Environmental Goods AgreementTransforming the APEC Outcome on Environmental Goods into a Broader Sustainable Energy Trade Initiative: What are the Options?Local Content Requirements and the Renewable Energy Industry - A Good Match?Fostering Low Carbon Growth: The Case for a Sustainable Energy Trade Agreement
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Event
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programme 1
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English
Date period: 
Wednesday, 12 October 2016 - 11:08am

The EU ETS has been the EU’s flagship climate policy instrument since its launch in 2005. It has undergone several reforms and revisions over the past decade, including in the area of allocation.

This workshop was organised by FuelsEurope, representing the European petroleum refining industry. It brought together key stakeholders, to share experiences and arguments, with the aim of reaching shared recommendations to develop a more dynamic, activity-based allocation method in the revised ETS Directive.

ICTSD was represented by its Senior Fellow Andrei Marcu who shared his views and insights on this issue.

 

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Brussels, Belgium
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EU Commission Proposes Emissions Cuts for Member StatesEU Parliamentarians, Ministers Debate Possible ETS Reforms
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Date: 7 September 2016

Time: 09:30-12:30

Date period: 
Wednesday, 7 September 2016 - 2:13pm

Compromisos en cambio climático a distintos niveles: ¿son suficientes?

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17,
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6
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Thursday, 15 September 2016 - 5:00pm
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The EU’s Emissions Trading System (EU ETS) has been the flagship instrument of the bloc’s climate response since its launch in 2005. Currently in its third phase, the EU ETS has seen many changes and refinements over the past decade.

With the year 2020, and hence the start of Phase IV, fast approaching, the latest reform process is now in full swing. Amendments from both European Parliament’s environment (ENVI) and industry (ITRE) committees have been tabled, shadow rapporteurs are meeting, and the draft opinions of the rapporteurs are under discussion.  

The discussions have been dominated by three key issues: options for eliminating the persistent carbon credit surplus; the ambition of the linear reduction factor which determines the number of allowances available each year; and the mechanism for allocating allowances.

Work is also underway to bring all the reform issues together as both ENVI and ITRE committees are due to vote on the proposal and amendments the coming weeks. This meeting was therefore a timely opportunity to create an overview of the process, to dive deeper into the topics that will continue to drive the Phase IV reform agenda in the coming months, and to feed into the political debate.

The ERCST intends to provide a neutral space where policymakers and regulators can engage with stakeholders and discuss climate change policy and promote a sustainable transition to a low–GHG economy.

This was a private event and attendance is by inivitation only.

 

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Brussels, Belgium
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EU Parliamentarians, Ministers Debate Possible ETS Reforms
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Europe
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Date: 11 October 2016

Time: 08:30-13:40

Date period: 
Tuesday, 11 October 2016 - 5:53pm

In the run-up to the Paris climate conference, the EU tabled an emissions reduction target on behalf of all 28 EU member states. In its so-called intended nationally determined contribution (INDC), the EU commits to a 40 percent emissions cut by 2030 relative to 1990 levels.

In July 2016, the European Commission made a proposal for translating the overall emissions target into country-specific targets. Known as the Effort Sharing Regulation, it is meant to help clarify the roles of individual EU members in helping to reach the bloc’s target in the sectors not included in the EU ETS, namely transport, buildings, agriculture, and waste. These sectors are responsible for about 55 percent of the EU’s emissions.

The proposed Effort Sharing Regulation foresees reductions based on relative GDP per capita, whereby higher-income countries would be required to make deeper cuts. It also suggests two flexibilities, including allowing nine countries to cancel out some of their ETS allowances and counting this towards their emission reductions, as well as letting each member bank a limited amount of carbon credits from forests and cropland.

The proposed Effort Sharing Regulation is in the early phases of the political process, with policymakers expected to debate it for at least a year. This meeting therefore provided an opportunity for stakeholders in Brussels to listen to the proposal and discuss it in an open and informal manner. This event was also an opportunity for the European Roundtable on Climate and Sustainable Transition (ERCST) to determine the areas where its input would be helpful and useful in order to improve the debate and feed into the policy domain.

The ERCST intends to provide a neutral space where policymakers and regulators can engage with stakeholders and discuss climate change policy and promote a sustainable transition to a low–GHG economy.

This was a private event and attendance is by inivitation only.

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Brussels, Belgium
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EU Commission Proposes Emissions Cuts for Member States
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Europe
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programme 1
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English
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Date: 10 October 2016

Time: 14:00-16:30

Date period: 
Monday, 10 October 2016 - 3:19pm