Technical Workshop 13: PMR Insights on Post-2020 Carbon Markets (Sweimeh, Dead Sea)
Building on previous PMR discussions held on the topic, this workshop provided a timely opportunity to review and take stock of the role carbon markets could play in achieving different countries’ national contributions post 2020. It also allowed Participants to hear about the latest developments and understand the options that could accommodate markets in the Paris agreement, and their relationship to readiness activities in PMR countries. Finally, the workshop provided an opportunity to discuss insights from the PMR that could help inform the international discussions on carbon markets.
Date:
Oct 26, 2015
Venue:
Sweimeh, Dead Sea, Jordan
| October 26, 2015 | ||
| 8:30 | Registration | |
| 1. Introduction | ||
| 9:00 | ||
| Venkata Ramana Putti, World Bank Group | ||
| Pauline Kennedy, PMR Secretariat | ||
| Overview of Previous PMR Discussions and Objectives for the Day | ||
| 2. Stock-Taking on the Status of Carbon Markets in the UNFCCC Negotiations | ||
| Participants discussed the latest developments in the UNFCCC negotiations with regard to carbon pricing and carbon markets. | ||
| 9:30 | ||
| Moderator: Juan Pedro Searle, Ministry of Energy Chile | ||
| Permual Arumugam, UNFCCC Secretariat | ||
| UNFCCC: Stock-taking on Carbon Pricing and Carbon Markets in the UNFCCC Negotiations | ||
| 10:45 | Break | |
| 3. Role and Scale of Carbon Markets Post-2020 | ||
| The INDCs that countries have put forward under the UNFCCC provides an indication of the potential scale of the post-2020 carbon markets. This session provided an opportunity to review and take stock of different countries’ INDCs followed by a discussion of the role that carbon markets are expected to play in achieving INDCs, and the implications for the development of the carbon markets after 2020. | ||
| 11:15 | ||
| Moderator: Ulrika Rabb, Energy Agency, Sweden | ||
| Carsten Warnecke, New Climate Institute | ||
| INDCs and Carbon Markets Post-2020 | ||
| Grzegorz Peszko, World Bank Group | ||
| State and Trends of Carbon Pricing 2015 | ||
| 12:30 | Lunch | |
| 3. PMR Insights to Help Elaborate Arrangements for Post-2020 Carbon Markets | ||
| Participants are building their market readiness with a view to having systems and mechanisms that are credible and potentially compatible for possible future international trade. This session provided an opportunity to advance discussions in groups on the characteristics, requirements, systems, and procedures that could facilitate the credible international trade of carbon assets. The insights from these discussions will be consolidated into a summary note, which could inform the scope and timeframes for ongoing international discussions on carbon markets. Participants also discussed how the future work program of the PMR can support the elaboration of arrangements for international carbon trading. | ||
| 14:00 | ||
| Moderator: Pauline Kennedy, PMR Secretariat | ||
| Group Exercise: PMR Insights to Help Elaborate Arrangements for Post-2020 Carbon Markets | ||
| 17:00 | ||
| Venkata Ramana Putti, World Bank Group | ||
| 17:15 | Wrap up | |
| End of workshop | ||