SubsidieMeestersExploring New Scenarios for the Progressive Integration of Neighboring States into the EU ETS beyond 2050
LIFE ENSPIRE evaluates the EU ETS's impact on emissions and economic growth in the EU and neighboring countries, aiming to enhance decarbonization efforts and align climate policies by 2050.
Projectdetails
Introduction
The LIFE ENSPIRE project aims to assess the potential impacts of the evolving European Union Emissions Trading System (EU ETS) on the EU and selected neighbouring countries. The project is aligned with the European Green Deal and aims to spark interest in carbon markets as effective tools for advancing decarbonisation.
Analytical Framework
LIFE ENSPIRE will develop an analytical framework, including datasets and numerical models, designed to examine the impact of climate policies in the EU and in the neighbouring regions on emissions and economic growth paths. This will take into account:
- Trade interdependencies
- Differentiated mitigation options
The project aims to identify and address challenges related to achieving net-zero emissions by these countries in convergence with the EU.
Geographic Focus
The project will cover the EU and at least three neighbouring countries or regions, particularly focusing on:
- Ukraine
- The Balkans
- Türkiye
LIFE ENSPIRE will explore the scenarios of developing ETS in neighbouring states, prospects of aligning them into the EU ETS, and the implementation of the Carbon Border Adjustment Mechanism (CBAM). The scenarios will also explore climate policy targets and the economic impacts post-2050.
Interdisciplinary Approach
LIFE ENSPIRE will adopt an interdisciplinary approach that includes:
- Research
- Stakeholder engagement
- Scenario modelling
- Policy analysis
The modelling suite prepared in LIFE ENSPIRE will include integrated global macroeconomics and sectoral models.
Reporting and Recommendations
Three comprehensive reports will be prepared, offering:
- Policy recommendations
- Assessment of the impacts of CBAM
- Alignment of neighbouring states with the EU ETS
Additionally, a background paper will highlight the gaps and needs in climate policy in the neighbouring countries.
Global Cooperation
By establishing broader and more robust international networks of experts, LIFE ENSPIRE aims to enhance global cooperation in climate policy-making. The project aims to serve as a model for other countries interested in joining the net-zero target.
Financiële details & Tijdlijn
Financiële details
| Subsidiebedrag | € 858.393 |
| Totale projectbegroting | € 1.430.656 |
Tijdlijn
| Startdatum | 1-10-2024 |
| Einddatum | 31-10-2028 |
| Subsidiejaar | 2024 |
Partners & Locaties
Projectpartners
- INSTYTUT OCHRONY SRODOWISKA - PANSTWOWY INSTYTUT BADAWCZYpenvoerder
Land(en)
Vergelijkbare projecten binnen LIFE
| Project | Regeling | Bedrag | Jaar | Actie |
|---|---|---|---|---|
LIFE COASE - Collaborative Observatory for ASsessment of the EU ETSLIFE COASE aims to enhance the EU Emissions Trading System by establishing a comprehensive observatory for data, assessments, and international dialogue on carbon markets. | LIFE Standar... | € 815.094 | 2023 | Details |
Bringing EU Member States together to achieve the 1.5°C objective of the Paris AgreementThe LIFE TogetherFor1.5 project aims to align EU climate action with the 1.5°C Paris Agreement goal by promoting inclusive policies and raising public awareness of climate co-benefits from 2022 to 2025. | LIFE Standar... | € 1.965.006 | 2022 | Details |
Institute for European Environmental Policy (IEEP)The project aims to influence EU environmental policy from 2025 to 2027 through evidence-based research and multi-stakeholder engagement, promoting sustainability across agriculture, land use, and energy sectors. | LIFE NGO Ope... | € 0 | 2025 | Details |
Effective and Fair European Carbon Trading: Ensuring EU carbon pricing and revenue use serves the climate and societyThe project aims to enhance civil society's engagement and understanding of the EU's Emissions Trading System and Social Climate Fund to promote effective carbon pricing and social justice. | LIFE Standar... | € 1.411.412 | 2024 | Details |
Empowering local authorities for accelerating the CETLOCAL GoGREEN empowers small European communities to accelerate clean energy transitions through tailored capacity building and project development in integrated climate and energy planning. | LIFE Clean E... | € 1.399.293 | 2023 | Details |
LIFE COASE - Collaborative Observatory for ASsessment of the EU ETS
LIFE COASE aims to enhance the EU Emissions Trading System by establishing a comprehensive observatory for data, assessments, and international dialogue on carbon markets.
Bringing EU Member States together to achieve the 1.5°C objective of the Paris Agreement
The LIFE TogetherFor1.5 project aims to align EU climate action with the 1.5°C Paris Agreement goal by promoting inclusive policies and raising public awareness of climate co-benefits from 2022 to 2025.
Institute for European Environmental Policy (IEEP)
The project aims to influence EU environmental policy from 2025 to 2027 through evidence-based research and multi-stakeholder engagement, promoting sustainability across agriculture, land use, and energy sectors.
Effective and Fair European Carbon Trading: Ensuring EU carbon pricing and revenue use serves the climate and society
The project aims to enhance civil society's engagement and understanding of the EU's Emissions Trading System and Social Climate Fund to promote effective carbon pricing and social justice.
Empowering local authorities for accelerating the CET
LOCAL GoGREEN empowers small European communities to accelerate clean energy transitions through tailored capacity building and project development in integrated climate and energy planning.