US EditionEU unveils €3bn to mitigate impact of upcoming carbon tax
The €3 billion loan facility will support vulnerable households and accelerate uptake of electric vehicles and heat pumps before the 2028 EU carbon price.
7 Articles
7 Articles
The Investment Bank will pay the EU Member States EUR 3 billion in advance from the planned 2028 emissions from buildings and transport.
European Investment Bank Gives Green Light to €3bn for Clean Transition - CleanTechnica
European Investment Bank approves ETS2 Frontloading Facility The European Investment Bank (EIB) board has approved a €3bn Frontloading Facility which provides revenues to countries to spend on preparing citizens for higher fuel costs, once the EU’s carbon price on heating and fuel (ETS2) kicks in. A further €3bn could be ... [continued] The post European Investment Bank Gives Green Light to €3bn for Clean Transition appeared first on CleanTechni…
EIB stands ready to frontload future revenues from emissions trading and provide financing to Member States to fast-track investments that cut energy bills for households and small businesses - The European Sting - Critical News & Insights on European Pol
(Credit: Unsplash) This article is published in association with European Investment Bank. EIB Board has approved an innovative facility to prefinance investment in affordable energy and transport solutions for low and middle-income households and small businesses, monetising expected revenue from ETS2 emissions trading rights. EIB and EIF Boards also approve third EIB Group Action Plan for financing projects that support gender equality and wo…
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elperiodicodelaenergia.comThe European Investment Bank and the European Commission have agreed on a new financial instrument to mobilise EUR 3 billion to advance investments for decarbonisation of households and road transport in the European Union within the framework of the new European emissions trading system for these sectors.
European Investment Bank Gives Green Light to €3bn for Clean Transition
European Investment Bank approves ETS2 Frontloading Facility The European Investment Bank (EIB) board has approved a €3bn Frontloading Facility which provides revenues to countries to spend on preparing citizens for higher fuel costs, once the EU's carbon price on heating and fuel (ETS2) kicks in. A further €3bn could be ... [continued] The post European Investment Bank Gives Green Light to €3bn for Clean Transition appeared first on CleanTechni…
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