In recent years, European Union Member States have spent just over half of the revenues from the EU Emissions Trading System (ETS) on real climate action, says the NGO WWF in a report published on Tuesday 29 November.
Based on data provided by Member States and information provided by the European Environment Agency (EEA), the report shows that EU countries have dedicated only 71.9% of the €88.5 billion from the sale of emission allowances in the period 2013-2021 to climate action.
The...