FIT FOR 55 FACTSHEET:  EU ETS (General)

Emissions Reduction Targets: The emissions reduction target would increase by 18%, to require 61% emissions reductions by 2030 compared to 2005 levels. This would be done by raising the linear reduction factor from 2.2% to 4.2% per year, and a one-off reduction (re-basing) of the emissions cap; the new linear reduction factor will have the...

FIT FOR 55 FACTSHEET: Social Climate Fund

by Julia Wild Not mentioned. Definition for mobility poverty was added, referring to households that face high transport costs and/or limited access to affordable public or alternative modes of transport to meet essential socio-economic needs. Not mentioned. Focus on island Member States and outermost regions stating that an adequate minimum amount of funds shall be...