SubsidieMeestersLIFE 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.
Projectdetails
Introduction
In the context of the global race to net zero greenhouse gas emissions and in view of deeper integration of carbon markets, there is a strong need for assessing the functioning of emissions trading systems (ETSs) and for international cooperation on emissions trading. The ongoing revision of the EU Emissions Trading System (EU ETS), as part of the European Green Deal, calls for more attention and evidence on the evolution of the instrument and its effects.
Meanwhile, the EU remains committed to disseminating its experience with the EU ETS and is keen to learn from other jurisdictions. New data and tools for monitoring and assessing the EU ETS, as well as international policy dialogue involving other ETSs, can bolster the development of the EU ETS at this critical time.
Objective
The ultimate objective of LIFE COASE is to support EU and Member State policymakers in the implementation and development of the EU ETS, including its integration with other carbon markets.
Observatory Establishment
To this end, LIFE COASE will establish the first observatory for assessment of the EU ETS, which will be a reference source of knowledge for policymakers and stakeholders. The Observatory will comprise six main action areas:
- Production of new installation-to-firm matchings and data to increase the quality and quantity of studies assessing the EU ETS and its effects.
- Generation of new firm-level data on climate investments through an extension of the European Investment Bank Investment Survey.
- Production of new indicators for annual monitoring of the EU ETS.
- Collection, coordination, and synthesis of model-based assessments (ex-post and ex-ante) of the EU ETS and other ETSs.
- Organisation and support of the Net Zero and Carbon Market Policy Dialogue between the European Commission, as the regulator of the EU ETS, and the regulators of other ETSs worldwide.
- Dissemination of knowledge on the EU ETS and carbon markets more generally, among policymakers, businesses, NGOs, and researchers.
Financiële details & Tijdlijn
Financiële details
| Subsidiebedrag | € 815.094 |
| Totale projectbegroting | € 1.358.490 |
Tijdlijn
| Startdatum | 1-1-2023 |
| Einddatum | 31-12-2025 |
| Subsidiejaar | 2023 |
Partners & Locaties
Projectpartners
- EUROPEAN UNIVERSITY INSTITUTEpenvoerder
Land(en)
Vergelijkbare projecten binnen LIFE
| Project | Regeling | Bedrag | Jaar | Actie |
|---|---|---|---|---|
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 |
Exploring New Scenarios for the Progressive Integration of Neighboring States into the EU ETS beyond 2050LIFE 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. | LIFE Standar... | € 858.393 | 2024 | Details |
Validation of an advanced CO2 life cycle model and non-speculative Emissions Trading System in a digital platform for an efficient sustainable forest managementLIFE TOKEN CO2 aims to develop an innovative platform for CO2 lifecycle management in European forests, utilizing remote sensing and blockchain for sustainable practices and carbon credit trading. | LIFE Standar... | € 1.792.297 | 2022 | Details |
Carbon Market WatchThis project aims to enhance carbon pricing and climate policies through evidence-based advocacy and awareness campaigns, driving a just transition to net-zero-carbon societies. | LIFE NGO Ope... | € 205.000 | 2023 | Details |
Slow growing forests management for Climate Change MitigationLIFE CO2RK aims to establish regulatory frameworks for carbon sequestration in diffuse sectors, promoting investment in forest management to reduce EU GHG emissions and enhance biodiversity. | LIFE Standar... | € 1.419.335 | 2023 | Details |
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.
Exploring 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.
Validation of an advanced CO2 life cycle model and non-speculative Emissions Trading System in a digital platform for an efficient sustainable forest management
LIFE TOKEN CO2 aims to develop an innovative platform for CO2 lifecycle management in European forests, utilizing remote sensing and blockchain for sustainable practices and carbon credit trading.
Carbon Market Watch
This project aims to enhance carbon pricing and climate policies through evidence-based advocacy and awareness campaigns, driving a just transition to net-zero-carbon societies.
Slow growing forests management for Climate Change Mitigation
LIFE CO2RK aims to establish regulatory frameworks for carbon sequestration in diffuse sectors, promoting investment in forest management to reduce EU GHG emissions and enhance biodiversity.