Joint letter to establish an EU lending facility for ETS2 revenue for member states
Signatories believe that to better prepare member states for the implementation of ETS2, early access must be granted to revenue before the system begins in 2027.
Signatories believe that to better prepare member states for the implementation of ETS2, early access must be granted to revenue before the system begins in 2027.
Reviewing the revenues from the ETS auctions reveals significant shortcomings in expenditure planning and fund traceability.
Only nine percent of the revenues generated by the system have been allocated to measures addressing climate change.Â