COP26 failed to ensure substantial participation and representation of young people in decision-making spacesThe Glasgow Climate Pact does include many references to meaningful youth engagement in international climate negotiations, reflecting the Youth4Climate Manifesto and the COY16 Statement.The Youth4Climate event will occur every year before COP, called “Forever Youth4Climate”.
The revenues generated by the EU ETS will be used to help industries and states across the EU reach carbon-neutrality The Innovation Fund is providing financial support for the development of highly innovative technologies that can drive down emissions The Modernisation Fund will support low-income EU Member States in their energy transition
Concerning aviation and the maritime sector, MEPs recognize the need to shift to alternative “green” fuels. However, some fear that this will diminish the EU’s competitiveness. The same issue arises for the ETS revision where some argue the additional costs for achieving the climate goals are highly problematic. Some MEPs say that here the social climate fund comes into play, which should help low-income families and SMEs with the transition. The French presidency agrees with the importance of a socially fair transition and is in line with opinions on the energy efficiency directive that transport poverty must be avoided e.g., by focusing on public transport.