Our team at CENSE has provided a review report assessing the Portuguese draft and submitted it to the public consultation discussion.

The new European Emissions Trading System (ETS2), established by Directive (EU) 2023/959, aims to reduce greenhouse gas (GHG) emissions in the buildings and road transport sectors, strengthening the European Green Deal and the "Fit for 55" package. This scheme introduces carbon pricing in these sectors, encouraging the use of cleaner energy sources, but may increase the cost of fossil fuels and generate social impacts, particularly for vulnerable households and micro-enterprises.

To address these challenges, the Social Climate Fund was created, which supports the most vulnerable groups with investments in energy efficiency, renewable energy, building renovation and sustainable mobility. In Portugal, these measures are integrated into the Social Climate Plan, 75% funded by this Fund, ensuring a just, inclusive and cohesive energy transition.