EU – ETS / FROM COMPLIANCE TO OPPORTUNITY

Would you like to learn how to best trade your carbon credits ? 

Stonex and BNCC in collaboration with BAHR invite you to this exclusive event with an introduction to carbon trading in shipping. 

“With EUAs expected to exceed 100 EUR by 2026 and 145 EUR by 2030, obligations under the EU ETS will pose an even greater liability to corporations. In addition, from July 2026 onwards, domestic shipping in the UK will be included in the UK ETS. Therefore, it is crucial for obligated entities to understand the various procurement and price risk management solutions available.” 

Two experts from StoneX will guide participants through this carbon trading tutorial, demonstrating how to effectively navigate and capitalize on this emerging market demand.

The event will be at Advokatfirmaet BAHR AS’ facilities in Oslo, located at Tjuvholmen allé 16.

SPEAKERS

Leah Wieczorek
Vice President of Carbon Markets at StoneX

Responsible for leading business development and origination efforts in the APAC and EMEA regions. Focuses on compliance carbon markets, such as the EU ETS and CORSIA, as well as evolving regulations, such as the Carbon Border Adjustment Mechanism (CBAM). 

Holger Kneiper
Senior markets professional at StoneX

Over 20 years of experience across Barclays, Deutsche Bank and now StoneX. Deep background in global markets, commodities and institutional client coverage across Europe. Focused on connecting clients with actionable market access and tailored solutions. 

Program 

08.30 – 09.00: Breakfast, Networking & Mingling 

08.58:Opening remarks – BNCC Chairman Aage Thoen 

09.00 – 09.15: Introduction
Carbon Markets and their impact on shipping, cargo owners and shippers (EU ETS, UK ETS, CBAM, IMO)

Part 1: Risk management for EU ETS

09.15 – 09.30: EU ETS Background
What is the EU ETS and how does it work?

• Key market participants (compliance entities, traders, brokers and regulators).
• Overview of the current market situation

Demand and supply drivers in the EU ETS

• Key factors influencing the price of EUAs
• Policy and regulatory trends
• Industrial demand and emission forecasts
• Market interventions and cap reductions

09.30 – 10.00: Risk management Tools

• Structured OTC carbon products (products available, usage and pricing).
• Exchange-traded futures and their use in hedging (introduction to the futures market, pricing, rights usage of futures for hedging).

Part 2 Shipping and the UK ETS – what to expect

10.00-10-15:  UK ETS Background and Market Participants

• Key market participants (compliance entities, traders, brokers and regulators).
• Overview of the current market situation.
• Key factors influencing the price of UKAs.
• Policy and regulatory trends.
• Industrial demand and emission forecasts.
• Market interventions and cap reductions.

10.15-10.30: Risk Management Tools available for UK ETS

• Structured OTC carbon products (products available, usage and pricing).
• Exchange-traded futures and their use in hedging (introduction to the futures market, pricing, rights usage of futures for hedging).

10.30-10.15: EU ETS and UK ETS Linkage 

10.45-11.00: Case Studies