The EAERE Policy Outreach event “Advancing carbon market integration under Article 6“, organised by the Florence School of Transnational Governance, the FSR: Florence School of Regulation and STG Climate, will take place on  May 7, 2025 at 09:30 – 11:00 am CEST in the Martti Ahtisaari Peace Hall in Palazzo Buontalenti in Florence (Italy).

The event is framed within the EUI Climate Week 2025.

The Conference

During this event, we will explore the current state of carbon market integration. Increasing the links and connections between Emissions Trading Systems (ETSs) could lead to significant environmental and economic gains. Yet, while new ETSs were implemented worldwide in previous years, their integration progressed more slowly due to divergent design features (e.g., intensity-based vs. cap-based systems). Meanwhile, COP29 in Baku has led to a common set of rules that operationalise Article 6 of the Paris Agreement to facilitate international cooperation and unlock financial support for developing countries. But can this development accelerate the integration of ETSs? In this context, who are realistic candidates for linking? To address these questions, a presentation will provide a starting point to discuss enablers and barriers for internationally integrated ETSs. A policy roundtable will follow the presentation.

This event is part of the annual Net Zero Carbon Market Policy Dialogue (NZCMPD) organised under the EU-funded LIFE COASE project framework. The policy dialogue aims to facilitate international carbon market cooperation between the EU and partner jurisdictions on key topics around net-zero regulation and integration of carbon markets. This event is the first part of the 2025 NZCMPD, focusing on the state of play on international carbon markets. The second part of the policy dialogue will take place in September and address the methods and findings of the latest ex-ante and ex-post assessments of the EU ETS and other ETSs worldwide.

Moderation

  • Simone Borghesi (EUI, University of Siena, EAERE)

Opening Remarks

  • Baran Doda (Adelphi)

Panelists

  • Nataliya Kushko (ERCST)
  • Mette Quinn (DG Climate Action, European Commission)
  • Xiliang Zhang (Tsinghua University)
  • José Pedro Bastos Neves (Ministry of Finance, Brazil)

Conclusion

  • Jos Delbeke (EUI)

Read the sessions’ report and watch the interviews with the panelists here.