Decarbonisation
The Carbon Footprint as a New Financial Indicator: Implications of the New Spanish Regulatory Framework
obligations regarding the measurement and reduction of the carbon footprint which will mark a turning point for many organizations.
The Common Auction Platform: Operation and Participation
The common auction platform, established by Regulation (EU) No. 1031/2010, is a mechanism designed to auction greenhouse gas emission allowances within the framework of the European Union Emissions Trading System…
The Market Stability Reserve of the EU ETS (EU Emissions Trading System): A Buffer for Carbon Allowances
The Market Stability Reserve (MSR) has the mission of regulating the volume of emission rights in the market.
The Modernisation Fund: A Boost for the Energy Transition
The Modernisation Fund is an initiative established under EU Directive 2018/410 with the purpose of accelerating the transition toward a low-carbon economy in the European Union’s lower-income Member States.
The October 2014 European Council: A Milestone in the Fight Against Climate Change
The October 2014 European Council marked a turning point in the European Union’s climate policy. This meeting, attended by the leaders of the Member States, laid the foundation for more…
Spain’s Climate Change Office: A Beacon for Europe in the Fight Against Global Warming
The Spanish Climate Change Office (OECC) has positioned itself as a benchmark in the fight against climate change at the European level. Its innovative and efficient management model has proven…
What Are Absolute Thresholds and How Does Directive 2018/410 Apply Them to Address Climate Change?
An absolute threshold would be like a maximum limit you cannot exceed. In the case of greenhouse gas emissions, an absolute threshold is the maximum amount of emissions that a…
Navigating Europe’s Future: The Competitiveness Compass and the Clean Industrial Deal
the European Commission to develop two key strategic initiatives: the Competitiveness Compass and the Clean Industrial Deal.
How do NACE and Prodcom codes support the fight against climate change and help prevent carbon leakage?
NACE and Prodcom codes are like labels we use to identify each of these activities—from car manufacturing to selling bread.
CBAM: What is it and how do EU CBAM and UK CBAM differ?
The Carbon Border Adjustment Mechanism (CBAM) is a tool designed to combat carbon leakage, a phenomenon where companies relocate their production to countries with less stringent environmental regulations, undermining global…
What is the Carbon Border Adjustment Mechanism or “CBAM”?
The Carbon Border Adjustment Mechanism (CBAM) is a crucial initiative of the European Union within the framework of its climate policy. This mechanism is implemented to address the significant risk…
Enhancement of the EU ETS through “Auctions vs. Free Allocation”
The auctioning system for emission allowances can significantly enhance the functioning of the EU ETS compared to free allocation for several reasons
