This event discusses the EU’s 2040 target and what that means for the new EU Emissions Trading System for buildings and road transport (ETS2)

This event discusses the EU’s 2040 target and what that means for the new EU Emissions Trading System for buildings and road transport (ETS2)
As part of the LIFE Effect project, Carbon Market Watch (CMW) is looking for service providers to implement knowledge, advocacy and communication activities in the Spanish, French and Hungarian context related to the EU’s Emissions Trading System for road transport and buildings (ETS2).
Nikos Mantzaris spoke on Naftemporiki TV about the impacts of the new Emissions Trading System (ETS2) for buildings and road transport on vulnerable households, as well as the tools Greece has at its disposal to address them.
Greece’s national Social climate plan exhibits significant weaknesses and gaps that need to be addressed to ensure the effective implementation of ETS2.
Reopening the MSR decision represents a significant risk to weaken climate ambition particularly in the current political climate where several countries are seeking to roll back climate policy; ETS2 included.
The study shows that implementing ETS2 can be a significant opportunity to both tackle the widespread phenomenon of energy and transport vulnerability in Greece and reduce the carbon footprint of buildings and road transport. The key is to leverage funding sources beyond just the Social Climate Fund