Models to analyse international interrelations of the EU ETS

The aim of this research project is to analyse the impacts of target species, climate policy implementation and international cooperation within the framework of the Paris Climate Change Agreement and the currently available national reduction contributions (Nationally determined contributions - NDCs) as well as within the framework of possible and necessary increases in ambition to achieve long-term climate protection goals (1.5°C).
The analyses will focus on international interrelations that are discussed in the context of the European Emissions Trading System under the heading of carbon leakage. By analysing given scenarios with different models (GEM-E3 and GINFORS_E), the project should also provide essential information on the "influencing factor model".
The project will be conducted by GWS together with E3-Modelling and Prof. Andreas Löschel for the German Enviroment Agency until mid 2021.

Meyer, M., Löschel, A. & Lutz, C. (2021): Carbon price dynamics in ambitious climate mitigation scenarios: an analysis based on the IAMC 1.5°C Scenario Explorer. Environmental Research Communications, 3(8), doi: 10.1088/2515-7620/ac02ad.