International > CBAM & Tariffs > EU lawmakers want to use ETS for climate finance, ‘jumbo’ trilogue expected in December

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 / / EMEA (Compliance Markets & Taxes, Europe), CBAM & Tariffs, UN Climate Talks

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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.


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