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An analysis of the public reports submitted by Italy to the European Commission between 2014 and 2024 highlights issues with the use of revenues generated from EU ETS auctions. Reviewing the revenues from the ETS auctions reveals significant shortcomings in expenditure planning and fund traceability, with only nine percent of the revenues generated by the system have been allocated to measures addressing climate change.
An analysis of the public reports submitted by Italy to the European Commission between 2014 and 2024 highlights issues with the use of revenues generated from EU ETS auctions. Reviewing the revenues from the ETS auctions reveals significant shortcomings in expenditure planning and fund traceability, with only nine percent of the revenues generated by the system have been allocated to measures addressing climate change.