CMW SCF DNSH Public Consultation
Summary
Carbon Market Watch calls for the Social Climate Fund to explicitly prohibit any investment in fossil fuel-based technologies, including 'low(er) carbon' alternatives like efficient gas boilers, to avoid locking low-income groups into long-term fossil fuel use and to prevent environmental degradation.
Key insights
- Carbon Market Watch advocates for the complete exclusion of fossil fuel investments from the Social Climate Fund to support a just and inclusive energy transition.
- The Social Climate Fund is viewed as essential for protecting lower-income groups from increased energy and transport poverty resulting from the extension of carbon pricing to buildings and road transport under 'ETS2' starting in 2027.
- The document argues that the Social Climate Fund should prioritize zero-carbon infrastructure, such as renewable heating, cooling, and transportation, rather than temporary income support or fossil fuel subsidies.
- The author warns that investing in 'low carbon' technologies instead of 'zero carbon' alternatives—such as more efficient gas boilers—locks low-income households into fossil fuel use for up to 15 years.
- Previous applications of 'DNSH' screening under the Cohesion Policy and the Recovery and Resilience Facility (RRF) failed to prevent the approval of fossil fuel investments.
Cite the original document
- APA
- Scott, E. (2024). CMW SCF DNSH Public Consultation. Carbon Market Watch. https://carbonmarketwatch.org/wp-content/uploads/2024/06/CMW-SCF-DNSH-Public-Consultation.pdf
- Chicago
- Scott, Eleanor. CMW SCF DNSH Public Consultation. Carbon Market Watch, 2024. https://carbonmarketwatch.org/wp-content/uploads/2024/06/CMW-SCF-DNSH-Public-Consultation.pdf.
- Wikipedia
- {{cite press release |last1=Scott |first1=Eleanor |title=CMW SCF DNSH Public Consultation |publisher=Carbon Market Watch |date=27 May 2024 |url=https://carbonmarketwatch.org/wp-content/uploads/2024/06/CMW-SCF-DNSH-Public-Consultation.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{scott2024cmw, author = {Scott, Eleanor}, title = {{CMW SCF DNSH Public Consultation}}, publisher = {Carbon Market Watch}, year = {2024}, month = may, url = {https://carbonmarketwatch.org/wp-content/uploads/2024/06/CMW-SCF-DNSH-Public-Consultation.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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