EMEA > EU carbon market alone “can’t bridge funding gap” to 2030 target -senior official

EU carbon market alone “can’t bridge funding gap” to 2030 target -senior official

Published 14:00 on November 17, 2020  /  Last updated at 12:53 on September 1, 2021  /  EMEA, EU ETS

The EU ETS will be an important source of financing for the 27-nation bloc’s energy transition, but it cannot alone bridge the ‘financing gap’ needed to bring poorer member states on board with an enhanced 2030 emission goal, a senior European Commission official said on Tuesday.
The EU ETS will be an important source of financing for the 27-nation bloc’s energy transition, but it cannot alone bridge the ‘financing gap’ needed to bring poorer member states on board with an enhanced 2030 emission goal, a senior European Commission official said on Tuesday.


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