The EU wants a fair energy transition. Find out how the Social Climate Fund aims to help those most exposed to energy poverty. As part of efforts to achieve carbon neutrality by 2050, the EU plans to introduce additional requirements to reduce emissions in construction and transport. The new rules will allow citizens and businesses to invest in alternative energy sources, better insulation and clean transport. In order to ensure that the climate transition is fair and inclusive, the Commission proposed to create a Social Climate Fund. This fund will help the most affected households, small businesses and travelers who are most affected by the energy and so-called transport poverty. The fund is part of the "Fit for 55" legislative package, the aim of which is to achieve the goals of the European Green Deal to reduce greenhouse gas emissions by 55 % by 2030.
Social climate fund: Parliament's proposals for a just energy transition
Report an error - if you found a flaw in the article or have comments, please let us know.



