After a disappointing COP30, the European Union is preparing a strategic realignment of its international climate diplomacy. In particular, Brussels wants to make greater use of trade, financial and development policy to strengthen alliances and advance climate goals.
By Lukas Knigge
The European Investment Bank is mobilizing EUR 3 billion to support the decarbonization of buildings and transportation, frontloading ETS 2 revenues to help citizens transition to carbon-neutral alternatives.
By Lukas Knigge and Lukas Bayer
The European Social Climate Fund will be launched on Jan. 1 to offset the costs of carbon pricing. Member states must decide how to spend the money in advance; but Germany has not presented its plan yet.
By Lukas Knigge
Am 1. Januar geht der europäische Klimasozialfonds an den Start, um Kosten durch die CO₂-Bepreisung abfedern zu können. Wie die Mitgliedstaaten die Gelder verwenden wollen, müssen sie vorher darlegen. Deutschland bleibt seinen Plan bislang schuldig.
By Lukas Knigge
In an interview with Table.Briefings, German State Secretary for the Environment Jochen Flasbarth considers the trilogue agreement on the EU’s 2040 climate target ambitious but correct, despite international emissions allowances. He is also not entirely disappointed with the outcome of COP30.
By Lukas Knigge
The postponement of the ETS2 emissions trading scheme to 2028 and a reform of the market stability reserve could initially drive up CO₂ prices, but cause them to fall in the long term. Analysts warn that this will weaken the incentives for clean technologies.
By Lukas Knigge
Germanwatch criticizes the fact that, at the last Environment Council, some member states pushed through demands to postpone ETS 2 by one year. The NGO makes suggestions on how this should be handled.
By Sylwia Andralojc-Bodych and Charly Heberer
The EU environment ministers have set their priorities for the UN Climate Change Conference in November – without an NDC. The heads of state and government are to discuss this at the EU summit. The Commission also presented details for the adaptation of ETS 2.
By Lukas Knigge
Some member states are calling for the new emissions trading targets to be postponed. However, the European Commission has so far made no move in this direction. Hoekstra wants to present reform proposals on Tuesday.
By Lukas Knigge
