Aligning EU Investment and Climate Targets

The document outlines how the 2021-2027 EU budget can support climate targets by prioritising zero-emission investments in the Connecting Europe Facility and European Regional Development Fund, ensuring 100% of ETS auctioning revenues used as Own Resources are invested in climate projects, and revising the European Tax Directive to reflect the climate impact of transport fuels.

• The EU budget for 2021-2027 should prioritise zero-emission investments within the Connecting Europe Facility and the European Regional Development Fund to assist countries in achieving national climate targets.
• If 20% of Emissions Trading System (ETS) auctioning revenues are designated as Own Resources for the EU budget, the document asserts that the entirety of this revenue must be invested in climate projects.
• The European Tax Directive requires revision because its minimum tax levels for transport fuels have not been updated since 2003 and do not reflect their climate impact; additionally, fuel tax revenues could serve as new own resources for the EU budget.

APA

Carbon Market Watch (2018). Aligning EU Investment and Climate Targets. https://carbonmarketwatch.org/publications/aligning-eu-investment-and-climate-targets/

Chicago

Carbon Market Watch. Aligning EU Investment and Climate Targets. 2018. https://carbonmarketwatch.org/publications/aligning-eu-investment-and-climate-targets/.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=Aligning EU Investment and Climate Targets |date=3 December 2018 |url=https://carbonmarketwatch.org/publications/aligning-eu-investment-and-climate-targets/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatch2018aligning, author = {{Carbon Market Watch}}, title = {{Aligning EU Investment and Climate Targets}}, publisher = {Carbon Market Watch}, year = {2018}, month = dec, url = {https://carbonmarketwatch.org/publications/aligning-eu-investment-and-climate-targets/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }