About: social climate fund

‘Money time’ for EU carbon market reform in the European Parliament

The lawmaker overseeing the adoption of a key package of EU climate legislation in the European Parliament has urged colleagues to stop fighting over the proposed reform, saying Europe must rise to the occasion in the current geopolitical context.
Energy 05-04-2022

Germany splits carbon tax for heating between landlords and tenants

Tenants living in well-insulated homes in Germany will have to shoulder the lion’s share of their CO2 costs for heating, while the burden in inefficient buildings will fall on landlords, reports Clean Energy Wire.
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Lack of ambition and solidarity from Member States risk derailing Social Climate Fund’s potential to deliver transformative change and a Just Transition for all

Stakeholders call for a Social Climate Fund that tackles structural injustices and drives long-term transformations, targets people in vulnerable situations and the systematically disadvantaged, empowers people towards renewables and better energy efficiency and is large enough to meet the challenge.

Widespread support for EU social climate fund in European Parliament

Lawmakers from across the political spectrum voiced support for a new EU fund to shield poor households from the impact of the green transition, although views diverge on where the money should come from and where it should go.

Austria to give out annual €200 ‘climate bonus’

Austrian parliament has passed a climate levy on fossil fuels as a part of the much-praised eco-social tax reform. Passed on Thursday (20 January), the reform will see the levy paid back to taxpayers in the form of a climate bonus.

Parliament drafts energy poverty definition as part of EU social climate fund overhaul

The two lawmakers in charge of drafting the European Parliament’s position on the EU's new social climate fund have gone a step further than the European Commission's initial proposal by drafting a definition of both energy and transport poverty.

New ‘own resources’ for EU budget will come from carbon market, executive says

The European Commission on Wednesday (22 December) announced its intention to use revenues from the EU carbon market and upcoming border levy as well as taxes on multinational companies in order to repay money borrowed for the bloc's €800 billion coronavirus recovery fund.

EU 2030: Winter chills, higher bills – or a climate-safe society?

If a second carbon market for transport and heating fuels is implemented, then the EU’s related Social Climate Fund would need to be bigger, write Imke Luebbeke and Ludovic Voet.

EU’s proposed social climate fund comes under fire from all sides

At a meeting in Brussels on Monday (20 December), EU environment ministers criticised the European Commission’s proposal for a social climate fund that would support vulnerable households through the energy transition. Their motives, however, diverged widely.

Europe’s social climate fund too small to make a difference, critics say

The European Commission proposed a "social climate fund" to protect vulnerable people from changes brought by the energy transition. Still, it is not fit for purpose, according to researchers and policymakers in the European Parliament.