Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-10-22-Speech-3-986"
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"en.20081022.21.3-986"2
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"The question is whether the EU has sufficient resources and will create enough funds to adequately implement measures on mitigation, stabilisation and adaptation on emissions.
Generally speaking, the EU budget, in its present format, cannot deal efficiently and effectively with issues related to climate change. With the exception of a number of initiatives and programs, the EU budget does not have a clear and integrated strategy to address climate change issues.
In this respect, therefore, I am arguing that the creation of a specific ‘'Climate Change Fund’' or a dedicated budget line would significantly improve the EU's capability to effectively address climate change issues from a budgetary and financial perspective.
The main source of funding should be coming from the auctioning of emissions under the European Emissions Trading Scheme. It is estimated that the scheme would have the potential of generating annually billions of euros in terms of revenue. This scheme would be dealt with and coordinated by the EU, thus ensuring regional arbitrariness.
Cross border pollution is best managed at supranational level, especially when it comes to allocation of resources and support, which should be based on needs and highest impact, not pre-allocated to countries or regions."@en1
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