The annual Carbon Market Workshop, organised via the European Commission, brings in combination policymakers from carbon markets international – California, Canada, China, the European Union and New Zealand.
Whereas in different years a two-day bodily assembly is organised, consisting of interactive panel discussions led via main mavens and lecturers, the outstanding scenario demanded a extra restricted team and a extra targeted dialogue.
Mauro Petriccione, Director-General for Climate Action on the European Commission, stated: “I’m very happy to have met with my opposite numbers from the entire major emission buying and selling programs once more. Even even though the assembly was once digital, it’s been a precious change of perspectives at the short- and the longer-term affects of the Covid-19 disaster, which has affected all of our carbon markets. We additionally had a fruitful dialogue at the restoration programs that the EU and all international locations are about to set in movement, and the significance of them being consistent with our local weather ambitions.”
The major goals of the Florence Process are to assemble and disseminate empirical wisdom and data at the functioning of emissions buying and selling programs (ETS) international, identify a community bringing in combination ETS mavens, and create a discussion board enabling interplay among policymakers and ETS mavens.