The European Commission estimates that the budget of the Climate Action Social Facility should in principle correspond to 20% of the revenues expected from the inclusion of buildings and road transport in the scope of the EU Emissions Trading Directive, according to a draft of the regulation obtained by EUROPE on Monday 12 July.
The institution is set to present a comprehensive legislative arsenal on Wednesday 14 July to meet renewed ambitions to reduce emissions (see EUROPE B12759A2)....