On Thursday 5 February, the European Investment Bank (EIB) approved an ETS2 Frontloading Facility, developed jointly with the European Commission, making €3 billion available to accelerate investments in the decarbonisation of sectors covered by the EU’s new emissions trading system (ETS2), in particular buildings and road transport.
This will allow Member States that have transposed ETS2 to access funding and pre-finance programmes before the new system comes into force in 2028 and...