Modernisation Fund Public Consultation

The improvement of the functioning of the Modernisation Fund to help lower income member states to decarbonise is particularly important in light of the upcoming ETS2, carbon pricing for buildings and road transport in 2027

U-turn

U-turn on EU’s Emissions Trading System for road transport and buildings carries huge environmental, social and economic price tag

A small number of politicians are pushing to reverse course on the Emissions Trading System for road transport and buildings (ETS2). However, such a u-turn would fuel the climate crisis and cost European society and the economy dearly. Member states have all the tools to roll out ETS2 fairly and effectively but they need to act now.