Online Expert Roundtable: Alternative ways to finance the Social Climate Fund
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In the context of the ecological transition and to meet the commitments of the European Green Deal, the European Commission has recently launched the proposition of extending the EU Emissions Trading System (ETS) to transports and buildings to reduce carbon emissions (“ETS2”). At FEANTSA (as in many EU Member States and environmental NGOs), we believe that the Social Climate Fund (SCF) that is being considered to offset the social costs of this measure is not adequate to deal with the extension of the ETS, and that this extension is a dangerous measure for the European middle and poor classes. Nonetheless, with ️30 to 50 million Europeans experiencing energy poverty and gas prices skyrocketing, we believe that the creation of a SCF is necessary to tackle energy poverty. This debate aims to propose, with criticism, innovative alternative solutions to finance the Social Climate Fund.
Welcoming words and introduction: Alice Bergoënd, FEANTSA
Moderation: Kira Taylor, EURACTIV
1. Using additional revenues from ETS to finance renovations with a focus on low-income households – lessons learned from Czech Republic & Germany
Nejedlý Pavel, Head of the Independent unit of the New Green Savings Program, Czech Ministry of the Environment, The New Green Savings Programe, Czech Republic
Anna Wolff, Deutsche Umwelthilfe e.V., The German Funding Schemes for Efficiency, Germany
2. Creating Green TLTROs
Stanislas Jourdan, Positive Money Europe, Targeting a sustainable recovery with Green TLTROs
3. A fairer taxation system
Félix Mailleux, ETUC, ETUC position on the financing of the Social Climate Fund