2026-02-05 16:56
publication
2026-02-05 16:56
The European Investment Bank (EIB) announced on Thursday the launch of a loan package worth EUR 3 billion to support EU countries in preparations for extending the ETS emissions trading system to include transport and housing. The system is to come into force from 2028.
Extending the emissions trading system to transport and construction will mean charging households fees for heating their homes and refueling their cars.
During negotiations on the new 2040 climate target in November 2025, member states and the European Parliament decided to delay the entry into force of ETS2 by one year – which means that the system will start from 2028.
EU countries will use revenues from ETS2 to support some households and accelerate the energy transformation. However, before the new system starts generating them, countries will be able to use the EIB instrument.
– The aim is to accelerate the implementation of solutions that reduce energy and transport bills, such as heat pumps and electric vehicle systems, said EU Climate Commissioner Wopke Hoekstra on Thursday. – This is part of a package of measures to ensure a smooth implementation of ETS2 and a socially just transition. This money will complement funds from the Social Climate Fund, he added.
EIB funds are also intended to support public and shared transport, improving multimodality and the development of e-mobility systems. They are also intended to help popularize zero-emission vehicles and electric bicycles, as well as develop charging and refueling infrastructure.
Poland remains critical of the extension of the emissions trading system to include transport and housing. Prime Minister Donald Tusk welcomed the postponement, but emphasized that he was waiting for the European Commission to review the system.
From Brussels Magdalena Cedro (PAP)
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