After a hiatus due to the pandemic, heavy industries operating in the Mediterranean region are set to gather in Athens for the highly anticipated Carbon Fast Forward Mediterranean event. This meeting, scheduled for June, will serve as a platform for key players in cement, steel, power, aviation, shipping, and government sectors to discuss recent developments in carbon markets. The last Carbon Fast Forward Mediterranean took place in 2019 and attracted participation from notable organizations such as Hellenic Petroleum, Heron, IETA, and Titan Cement, along with representatives from the European Commission.

The one-day event will focus on compliance obligations, market opportunities, and the implications of recent regulatory changes in the EU Emissions Trading System (ETS). Of particular significance will be discussions surrounding the shipping industry, as it gears up to assume responsibility for its reported emissions within the EU ETS from 2024.

Co-founder of Carbon Forward and Redshaw Advisors, Louis Redshaw, expressed his enthusiasm for returning to Athens for the Carbon Fast Forward event. He emphasized the importance of fostering an open debate on the risks faced by industrial participants in the EU ETS and exploring potential strategies to mitigate them. Redshaw noted the event’s role in providing a focused environment for discussing carbon market developments specifically relevant to end-users.

Co-founder of Carbon Forward and Carbon Pulse, Mike Szabo, highlighted the timing of the event, taking place amid the ongoing energy crisis and the EU’s accelerated climate action reforms. He emphasized the growing momentum among corporations in setting their own climate pledges and the significance of gaining insights into these major developments at the event.

Limited places are available for the Carbon Fast Forward Mediterranean event, with priority given to representatives from heavy industries, government bodies, and legal services. Interested participants are encouraged to register at carbon-forward.com to secure their attendance.

Carbon Fast Forward Mediterranean serves as a pivotal gathering for heavy industries to shape the future of carbon markets and contribute to sustainable and environmentally responsible practices within their respective sectors. The event promises to provide valuable insights, foster crucial discussions, and facilitate collaborative efforts in tackling the challenges posed by carbon emissions.