⚙️ Day 3: Climate Instruments and Governance
9:00-10:30 Session 1: EU Environmental Taxation
Learning Objective: Understand how ET works and its impact.
Reading:
Environmental taxation in the European Union: Are there common trends? lFrancisco J.Delgado JaumeFreire-González Maria J.Presno, 2022
Environmental taxation in Europe: What does it depend on? Castiglione et al., Cogent Economics & Finance (2014), 2: 967362http://dx.doi.org/10.1080/23322039.2014.967362
11:00-12:30 Session 2: Carbon Pricing in EU
Learning Objective: Compare ETS with taxation and other instruments.
Content: National carbon taxes, energy subsidies, effectiveness.
Reading
Convery, F. J. (2009). Origins and Development of the EU ETS. Environmental and Resource Economics, 43(3), 391–412. doi:10.1007/s10640-009-9275-7
Teixidó, J., Verde, S. F., & Nicolli, F. (2019). The impact of the EU Emissions Trading System on low-carbon technological change: The empirical evidence. Ecological Economics, 164, 106347. doi:10.1016/j.ecolecon.2019.06.002 10.1016/j.ecolecon.2019.06.002
Verde, S. F. (2020). THE IMPACT OF THE EU EMISSIONS TRADING SYSTEM ON COMPETITIVENESS AND CARBON LEAKAGE: THE ECONOMETRIC EVIDENCE. Journal of Economic Surveys. doi:10.1111/joes.12356
Rosendahl, K. E. (2019). EU ETS and the waterbed effect. Nature Climate Change, 9(10), 734–735. doi:10.1038/s41558-019-0579-5
[doi:10.1038/s41558-019-0579-5]
Sabyrbekov. R & Sharshenova A. Carbon Pricing in Central Asia: Opportunities and Barriers in the Kyrgyz Republic,” 2025 https://www.carecinstitute.org/publications/exploring-carbon-pricing-in-central-asia-new-insights-from-the-kyrgyz-republic/
13:30-15:00 Session 3: CA Climate Policy
Instructions:
Each group develops a roadmap for introducing carbon pricing in a chosen Central Asian country. Focus on:
Selecting between ETS and/or carbon tax (justify)
Phased implementation strategy (timeline, sectors, coverage)
Legal/institutional prerequisites
Public communication and fairness measures
Deliverable: A poster or one-slide visual + a 3-min pitch to the class