Stricter rules needed on how EU nations spend ETS revenues as billions go elsewhere -report

Published 15:45 on November 29, 2022  /  Last updated at 15:45 on November 29, 2022  /  EMEA, EU ETS  /  No Comments

As much as €25 billion of ETS-derived revenues distributed by EU member states between 2013-21 were not spent on climate action, according to analysis from a green group published on Tuesday that called for more stringent rules on the spending of funds from ETS allowance sales.

As much as €25 billion of ETS-derived revenues distributed by EU member states between 2013-21 were not spent on climate action, according to analysis from a green group published on Tuesday that called for more stringent rules on the spending of funds from ETS allowance sales.

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