updates on icap activities - the pmr on icap_activities... · updates on icap activities capacity...

International Carbon Action Partnership 1

Updates on ICAP Activities

Capacity Building, Knowledge Sharing & Technical Dialogue

PMR 19th Meeting of the Partnership Assembly (PA 19) Buenos Aires, Argentina

23-25 October, 2018

Stephanie La Hoz Theuer - ICAP Secretariat

International Carbon Action Partnership 1 10/23/2018

About the International Carbon Action Partnership

•  Share best practice and learn from each others’ experiences

•  Facilitate future linking of trading programs; and

•  Highlight the role of ETSs as an effective climate policy

An international forum of 36 national + subnational governments to exchange knowledge and experiences on emissions trading systems (ETS)

Technical Dialogue

Capacity Building on ETS

ETS Knowledge Sharing

10/23/2018 International Carbon Action Partnership 2

10/23/2018

ICAP Interactive Map à ETS state of play worldwide

(3-monthly updates)

ETS Factsheets à Regularly updated summaries on key design features of all systems

worldwide

Infographics à Visualization of key ETS trends

ICAP as a global ETS Knowledge Hub ETS briefs

à Introduction of the basics of cap-and-trade

ICAP & PMR ETS handbook

à Guide for policymakers and practitioners on implementing ETS


News à Objective coverage on all

regulatory ETS developments as they occur


ETS Library à Reference database for key ETS

literature

Allowance Price Explorer à Historical and

current carbon prices worldwide


Expanding the ETS knowledge hub


•  ICAP ETS courses

•  17 courses since 2009, financed by the European Commission

•  430 participants from 44 countries

•  223 speakers from 31 countries

•  In-country trainings

•  Ongoing cooperation with PMR

•  With PMR: Ukraine, Mexico (2019)

100+

20+

40+

~10

~20 20

~20


Capacity building for emissions trading


Out now:

•  ICAP Guide to Linking

•  ETS and Power Sector Regulation

Upcoming!

•  ETS Benefits

•  Accounting under Art. 6.2

•  ETS Simplification

•  ETS Handbook update 2019

•  Competitiveness: free allocation, carbon leakage

•  Policy interactions : ETS as part of the mitigation toolkit

In 2018

In 2019


Technical Dialogue: towards ETS best practices


Working in concert with others

International Organizations Research Institutes Think Tanks & NGOs


Thank you very much!

Stephanie La Hoz Theuer

ICAP Secretariat www.icapcarbonaction.com



•  Interviews on lessons from existing linking ventures

•  Practical guide for policymakers interested in linking

•  Focus on bilateral linking but mindful of diversity of approaches in post-Paris era

Kindly funded by Québec


ICAP Guide to Linking


•  Interactions between electricity regulation and ETS

•  In collaboration with IISD and Oeko Institut

•  Looks into how ETSs work in “real” situations, e.g. where electricity sector is not fully liberalized

•  Significant interest from jurisdictions to be used as case studies / developed further


ETS and Power Sector Regulation


•  Literature review of empirical assessments of the economic and environmental benefits of ETS

•  An update from the 2015 document, including new evidence

•  An accompanying summary spreadsheet of the literature cited in the report, categorized by benefit type


Benefits of Emissions Trading


•  Studies the relationship between ETSs and ITMOs

•  Maps and assesses different options for calculating “net flows” or “net transfers” of mitigation outcomes

•  Includes recommendations for the Article 6 negotiations

-30

-25

-20

-15

-10

-5

0

5

10

15

20

25

Jurisdiction A Jurisdiction BM

ilion

allo

wan

ces

/ Mt C

O2e

Approach A Approach B

Approach C Approach D

Approach E Approach F


Accounting under Article 6.2 – upcoming


•  Options to balance robustness and simplicity, mapping best practices particularly in ETS operation

•  Detailed comments from MRV experts and policy practitioners Average transaction cost in euros

per tonne of CO2 emitted by EU ETS participants in Germany

(Heindl 2012)


ETS Simplification - upcoming


•  ICAP + PMR cooperation

•  Over 10,000 downloads of recent version, the most downloaded publication for both ICAP and the PMR

•  Will be updated to cover:

•  Key reforms as jurisdictions plan for the 2020s

•  New developments in Asia, Latin America, international carbon markets


ETS Handbook 2nd edition - upcoming


•  How have existing metrics performed in assessing carbon leakage risk?

•  Do existing metrics remain relevant with the expansion of carbon pricing globally?

•  What metrics can be applied to better target free allocation over time?

•  What additional options are there for ensuring competitiveness while decarbonizing the economy?


Metrics to assess carbon leakage - upcoming

•  To provide up-to-date information on allowance prices from all operational ETS that can be compared interactively online

•  Essentially two dimensional graphing tool (prices, time), that allows comparison of two or more series and allows for some contextual information to also be displayed

•  ICAP Secretariat staff will update allowance prices quarterly

10/23/2018

The Goal of the Allowance Price Explorer (APE)


updates on icap activities - the pmr on icap_activities... · updates on icap activities capacity...

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