Advancing carbon market integration under Article 6

• Florence School of Transnational Governance
• FSR: Florence School of Regulation
• STG Climate

Session as part of the EUI Climate Week 2025.

The current state of carbon market integration will be reviewed. In previous years, the number of Emissions Trading Systems (ETSs) grew worldwide but their integration progressed more slowly due to divergent design features (e.g., intensity-based vs. cap-based systems). The COP29 in Baku has been hailed as breakthrough for international carbon market cooperation leading to a common set of rules that operationalise Article 6 of the Paris Agreement. How can this development facilitate the integration of compliance markets? In this context, who are realistic candidates for linking and what are enablers and barriers for internationally integrated ETSs. This event is the first part of the annual Net Zero Carbon Market Policy Dialogue (NZCMPD) organised under the framework of the EU-funded LIFE COASE project.

Chair: Simone Borghesi, Director - Climate, Florence School of Regulation, EUI

Opening remarks: Baran Doda, Senior Advisor, adelphi

Speakers:

• Mette Quinn, Deputy Director, Carbon Markets and Clean Mobility, DG CLIMA, European Commission
• Jose Pedro Bastos Neves, General Coordinator of Production Structure and Sustainability, Ministry of Finance, Brazil
• Xiliang Zhang, Professor and Director, Institute of Energy, Environment, and Economy Tsinghua University
• Natalia Kushko, Senior Fellow, ERCST

Conclusion: Jos Delbeke, EIB Climate Chair, Florence School of Transnational Governance, EUI

Participation in this event is by invitation only and all deliberations will take place under the Chatham House rule (no views or positions may be attributed publicly to any participant).

More information and the full programme of the EUI Climate Week 2025 can be found here.