Certificate of Achievement
has completed the following course:
Carbon Markets: Examining EU Policies for Transnational Climate Action
European University Institute (EUI)
This course provides useful insights and reflections on the role of carbon markets as a driver of the transition to a low-carbon economy. The course shares the EU experience of creating and implementing a common climate policy underpinned by carbon pricing while sharing some experiences from selected G20 countries in designing and putting forward similar carbon pricing policies.
5 weeks, 3 hours per week
Prof. Jos Delbeke
EIB Climate Chair
European University Institute (EUI)
Transcript
Learning outcomes
- Identify the main elements of the International Climate Agreements
- Describe the main elements of these international agreements and policies that were developed in response by the EU and other countries
- Identify the most important features of the Paris Agreement, and its strength and weaknesses
- Identify the different EU climate policy instruments as well as the lessons learnt from the EU climate policy-making experience
- Evaluate the importance of applying a price to carbon emissions and give a summary of the main elements of the design of the Emissions Trading System
- Explain why the EU ETS has been designed this way
- Describe the scope of this instruments and the emerging issues, especially regarding the counties outside the EU
- Report CO2 targets and average emissions from transport (road, aviation and shipping)
- Evaluate the key policy instruments at EU level to reduce emissions in the road transport sector
- Describe an overview of current and future EU and international legislation in aviation and shipping
- Describe the main elements of the EU’s energy policy
- Identify the main challenges and opportunities of increased renewable energy production and consumption
- Describe the various benefits of energy efficiency measures for the EU
- Describe the main characteristics of low carbon investments
- Summarise EU financial instruments for the transition to a low carbon economy
- Identify the main de-risking instruments for attracting private finance for low-carbon investments
- Evaluate the strengths and weaknesses of voluntary carbon markets
Syllabus
- The many instruments of EU climate policy
- The EU Emissions Trading System
- Carbon pricing and the EU transport sector
- Carbon pricing and the EU energy sector
- Financing the transition to a low-carbon economy
Issued on 12th April 2022
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