The EU Social Climate Fund

The proposed regulation creating the Social Climate Fund (SCF) has been adopted by the European Commission on the 14th of July 2021 as part of the “Fit for 55” legislative package, emanating from the EU Green Deal. The package included a revision of the Emission Trading System (ETS) directive to extend emissions trading to the building and road transport sectors, and accelerate decarbonization. The SCF is expected to address the social impacts deriving from the higher cost of carbon but also to finance measures to reduce emissions in these sectors.

Learn more about how to leverage this fund at local level!