Poland has some of the worst air quality in the EU. But fighting smog is expensive. The Modernisation Fund set up as part of the Emissions Trading Scheme could help here.
Poland has some of the worst air quality in the EU. But fighting smog is expensive. The Modernisation Fund set up as part of the Emissions Trading Scheme could help here.
On October 24, 2014, the European Council established the Modernization Fund (MF) for years 2021–2030 supplied with revenue from the sale of 2% of the total pool of CO2 emission allowances. The instrument is to support the modernization of power system and the improvement of energy efficiency in EU Member States, where GDP per capita in 2013 was lower than 60% of EU average (in nominal terms).
On October 24, 2014, the European Council established the Modernization Fund (MF) for years 2021–2030 supplied with revenue from the sale of 2% of the total pool of CO2 emission allowances. The instrument is to support the modernization of power system and the improvement of energy efficiency in EU Member States, where GDP per capita in 2013 was lower than 60% of EU average (in nominal terms).