 |
 |
>> Briefing Note [PDF, 230 KB]
The largest innovative finance source in the EU for climate financing could be the revenue from the auction of emissions allowances under the EU Emission Trading System (ETS). Germany is currently showing how the use of this innovative finance source can be shaped for national and international climate financing.
This briefing note outlines the "German model" of earmarking the full ETS-revenues for climate-related issues as a very sensible, appropriate and innovative approach, which should work as a precedent for other EU Member States.
Contact
Anja Esch
Teamleiterin Finanzierung für
Klima und Entwicklung / Ernährung
Team Leader - Financing for Climate
and Development / Food
Tel.: +49 (0)30 / 28 88 356 -84
esch@germanwatch.org