Making the Best of the New EU Social Climate Fund
Conference Details
Date: 03 April 2025
Time: 13:00
Duration: 1 hour and 45 minutes
Location: Brussels, Belgium and Online
Cost: Register online for more information.
Organiser: Bruegel
Conference Description
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The EU’s ambitious climate goals hinge on rapid decarbonization in buildings and transport - yet progress remains slow. The introduction of a new Emissions Trading System (ETS-2) puts a carbon price on fuels in these sectors, promising to deliver on decarbonization while indirectly promoting energy independence and international competitiveness. However, the resulting cost increase risks disproportionately impacting vulnerable households and SMEs. The Social Climate Fund (SCF) aims to mitigate these effects, redistributing ETS-2 revenues to support the most affected. With the Social Climate Plans due by June 2025, Member States must act swiftly to design effective strategies. This event will explore how to ensure ETS-2 revenues drive an equitable transition, balancing income support with investment incentives, managing administrative constraints, and fostering cross-country learning. Join the discussion on how Member States turn carbon pricing revenues into a just and effective climate policy tool, especially in light of the tight timeline.
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