EU lawmakers want to use ETS for climate finance, ‘jumbo’ trilogue expected in December

Published 18:51 on November 4, 2022  /  Last updated at 18:34 on November 23, 2022  /  CBAM, Climate Talks, EMEA, EU ETS  /  No Comments

At least 10% of revenues from EU ETS auctions should be allocated to finance climate action in poorer nations, senior MEP Peter Liese said in a briefing on Friday, signalling that the bloc's parliament will push the issue at the upcoming COP27 UN climate conference in Sharm el-Sheikh.

At least 10% of revenues from EU ETS auctions should be allocated to finance climate action in poorer nations, senior MEP Peter Liese said in a briefing on Friday, signalling that the bloc’s parliament will push the issue at the upcoming COP27 UN climate conference in Sharm el-Sheikh.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.