Use of auctioning revenues generated under the EU Emissions Trading System

Most emission allowances under the EU Emissions Trading System (ETS) are auctioned. Revenues from these auctions are primarily distributed to countries covered by the ETS and dedicated European Union level funds. As carbon prices have increased significantly since 2017, so too have the revenues that EU Member States collect from the ETS auctions, growing from EUR 5 billion in 2017 to EUR 24 billion in 2024. This represents a significant decline compared with the EUR 33 billion recorded in 2023.

Lead Image No image
Lead Image Caption
Metadata
DPSIR Response
Typology Policy-effectiveness indicator (Type D)
UN SDGs SDG13: Climate action
Topics Climate change mitigation
Temporal coverage { "readOnly": true, "temporal": [ { "label": "2013", "value": "2013" }, { "label": "2014", "value": "2014" }, { "label": "2015", "value": "2015" }, { "label": "2016", "value": "2016" }, { "label": "2017", "value": "2017" }, { "label": "2018", "value": "2018" }, { "label": "2019", "value": "2019" }, { "label": "2020", "value": "2020" }, { "label": "2021", "value": "2021" }, { "label": "2022", "value": "2022" }, { "label": "2023", "value": "2023" }, { "label": "2024", "value": "2024" } ] }
Geographic coverage { "readOnly": true, "geolocation": [ { "label": "Austria", "value": "geo-2782113" }, { "label": "Belgium", "value": "geo-2802361" }, { "label": "Bulgaria", "value": "geo-732800" }, { "label": "Croatia", "value": "geo-3202326" }, { "label": "Cyprus", "value": "geo-146669" }, { "label": "Czechia", "value": "geo-3077311" }, { "label": "Denmark", "value": "geo-2623032" }, { "label": "Estonia", "value": "geo-453733" }, { "label": "Finland", "value": "geo-660013" }, { "label": "France", "value": "geo-3017382" }, { "label": "Germany", "value": "geo-2921044" }, { "label": "Greece", "value": "geo-390903" }, { "label": "Hungary", "value": "geo-719819" }, { "label": "Ireland", "value": "geo-2963597" }, { "label": "Italy", "value": "geo-3175395" }, { "label": "Latvia", "value": "geo-458258" }, { "label": "Lithuania", "value": "geo-597427" }, { "label": "Luxembourg", "value": "geo-2960313" }, { "label": "Malta", "value": "geo-2562770" }, { "label": "Netherlands", "value": "geo-2750405" }, { "label": "Poland", "value": "geo-798544" }, { "label": "Portugal", "value": "geo-2264397" }, { "label": "Romania", "value": "geo-798549" }, { "label": "Slovakia", "value": "geo-3057568" }, { "label": "Slovenia", "value": "geo-3190538" }, { "label": "Spain", "value": "geo-2510769" }, { "label": "Sweden", "value": "geo-2661886" } ] }
Workflow
Content responsible Head of Group Daniel Giorev
Layout
Blocks { "072491a5-45ec-46de-97f5-fd9b792c1a50": { "@layout": "794c9b24-5cd4-4b9f-a0cd-b796aadc86e8", "@type": "group", "allowedBlocks": [], "as": "section", "block": "072491a5-45ec-46de-97f5-fd9b792c1a50", "data": { "blocks": { "12d8c532-f7ad-43fe-ada7-330b2d7a7a39": { "@type": "slate", "disableNewBlocks": true, "fixed": true, "instructions": { "content-type": "text/html", "data": "<p><br/></p>", "encoding": "utf8" }, "plaintext": "Published: date \u2012 25min read", "readOnly": true, "readOnlySettings": true, "required": true, "value": [ { "children": [ { "text": "" }, { "children": [ { "text": "Published: " }, { "children": [ { "text": "date" } ], "data": { "id": "effective", "widget": "datetime" }, "type": "mention" }, { "text": " \u2012 25min read" } ], "type": "sup" }, { "text": "" } ], "type": "p" } ] }, "1c31c956-5086-476a-8694-9936cfa6c240": { "@type": "description", "disableNewBlocks": true, "fixed": true, "instructions": { "content-type": "text/html", "data": "<p>The summary tells the reader about the indicator trend over the examined period and whether or not it helps to achieve the associated policy objective, which can be either quantitative or directional.</p><p>In the absence of a policy objective, it explains whether the trend is in the right or wrong direction in relation to the issue examined.</p><p>If there has been an important change over the most recent period of the time series, e.g. over the last year, this is indicated too.</p><p>Furthermore, if there is a quantitative target, it also indicates whether we are on track to meet it and if not what are the reasons preventing that, e.g. socio-economic drivers, implementation gap etc.</p>", "encoding": "utf8" }, "placeholder": "Summary", "plaintext": "Most emission allowances under the EU Emissions Trading System (ETS) are auctioned. Revenues from these auctions are primarily distributed to countries covered by the ETS and dedicated European Union level funds. As carbon prices have increased significantly since 2017, so too have the revenues that EU Member States collect from the ETS auctions, growing from EUR 5 billion in 2017 to EUR 24 billion in 2024. This represents a significant decline compared with the EUR 33 billion recorded in 2023.", "readOnlySettings": true, "required": true, "value": [ { "children": [ { "text": "Most emission allowances under the EU Emissions Trading System (ETS) are auctioned. Revenues from these auctions are primarily distributed to countries covered by the ETS and dedicated European Union level funds. As carbon prices have increased significantly since 2017, so too have the revenues that EU Member States collect from the ETS auctions, growing from EUR 5 billion in 2017 to EUR 24 billion in 2024. This represents a significant decline compared with the EUR 33 billion recorded in 2023. " } ], "type": "p" } ] }, "3cccc2bb-471a-44c7-b006-5595c4713ff2": { "@type": "layoutSettings", "disableNewBlocks": true, "fixed": true, "layout_size": "narrow_view", "readOnly": true, "readOnlySettings": true, "required": true }, "ddde07aa-4e48-4475-94bd-e1a517d26eab": { "copyrightIcon": "ri-copyright-line", "styles": {}, "variation": "default", "@type": "title", "disableNewBlocks": true, "fixed": true, "hideContentType": true, "hideCreationDate": true, "hideDownloadButton": true, "hideModificationDate": true, "placeholder": "Indicator title", "readOnlySettings": true, "required": true } }, "blocks_layout": { "items": [ "ddde07aa-4e48-4475-94bd-e1a517d26eab", "1c31c956-5086-476a-8694-9936cfa6c240", "3cccc2bb-471a-44c7-b006-5595c4713ff2" ] } }, "disableInnerButtons": true, "disableNewBlocks": true, "fixed": true, "fixedLayout": true, "ignoreSpaces": true, "instructions": { "content-type": "text/html", "data": "<p>The summary tells the reader about the indicator trend over the examined period and whether or not it helps to achieve the associated policy objective, which can be either quantitative or directional.</p><p>In the absence of a policy objective, it explains whether the trend is in the right or wrong direction in relation to the issue examined.</p><p>If there has been an important change over the most recent period of the time series, e.g. over the last year, this is indicated too.</p><p>Furthermore, if there is a quantitative target, it also indicates whether we are on track to meet it and if not what are the reasons preventing that, e.g. socio-economic drivers, implementation gap etc.</p>", "encoding": "utf8" }, "maxChars": "500", "readOnlySettings": true, "required": true, "styles": { "style_name": "environment-theme-bg" }, "title": "Content header" }, "2dc79b22-b2c8-450a-8044-ef04bfd044cf": { "@type": "dividerBlock", "disableNewBlocks": true, "fixed": true, "hidden": true, "readOnly": true, "required": true, "section": false, "spacing": "m", "styles": {} }, "2ec8ba1c-769d-41fd-98c3-1e72b9c1d736": { "@type": "dividerBlock", "disableNewBlocks": true, "fixed": true, "hidden": true, "readOnly": true, "required": true, "section": false, "spacing": "m", "styles": {} }, "677f7422-6da4-4c86-bca8-de732b7047b9": { "@type": "dividerBlock", "disableNewBlocks": true, "fixed": true, "hidden": true, "readOnly": true, "required": true, "section": false, "spacing": "m", "styles": {} }, "a3d5da38-eff7-4643-a92e-c1be6524b263": { "@layout": "1bc4379d-cddb-4120-84ad-5ab025533b12", "@type": "group", "allowedBlocks": [ "slate" ], "as": "section", "block": "770a2c65-3fda-4694-96cf-392002fdfec5", "data": { "blocks": { "06c1fe36-38ce-4539-a6d9-e59ee4ec75c0": { "@type": "slate", "plaintext": "Over the last decade, Member States used most of their auction revenues on domestic actions. Data on 2024 spending shows revenue used for domestic purpose by category of action. In this year, 80% of revenue used domestically went to domains of energy supply, grids and storage (e.g. renewables, self-consumers), industry, road transport and public transport and active mobility. Overall, the amounts spent on projects at international level \u2013 mostly benefiting developing countries via multilateral funds and institutions - have remained small and relatively unchanged since 2018 (at around \u20ac100-\u20ac200m per year). Between 2013 and 2022, around 75% of auctioning revenues were reported as committed or disbursed for climate- and energy-related purposes across the EU-27, well above the 50% target.", "value": [ { "children": [ { "text": "Over the last decade, Member States used most of their auction revenues on domestic actions. Data on 2024 spending shows revenue used for domestic purpose by category of action. In this year, 80% of " }, { "children": [ { "text": "revenue" } ], "type": "strong" }, { "text": " " }, { "children": [ { "text": "used" } ], "type": "strong" }, { "text": " domestically went to domains of energy supply, grids and storage (e.g. renewables, self-consumers), industry, road transport and public transport and active mobility. Overall, the amounts spent on projects at international level \u2013 mostly benefiting developing countries via multilateral funds and institutions - have remained small and relatively unchanged since 2018 (at around \u20ac100-\u20ac200m per year). Between 2013 and 2022, around 75% of auctioning revenues were reported as committed or disbursed for climate- and energy-related purposes across the EU-27, well above the 50% target. " } ], "type": "p" } ] }, "0e004ca4-3d48-4d94-bbc7-9a2468de1cff": { "@type": "slate", "plaintext": "Revenues generated from auctioning EU ETS allowances are an increasing source of income for Member States and have significantly risen since 2017 along with carbon prices. The price reached an annual average of \u20ac65 per tonne of carbon dioxide (tCO 2 ) in 2024, up from an annual average of EUR5/tCO 2 in 2017 and EUR25/tCO 2 in 2020.", "value": [ { "children": [ { "text": "Revenues generated from auctioning EU ETS allowances are an " }, { "children": [ { "text": "increasing source of income" } ], "type": "strong" }, { "text": " for Member States and have significantly risen since 2017 along with carbon prices. The price reached an annual average of \u20ac65 per tonne of carbon dioxide (tCO" }, { "children": [ { "text": "2" } ], "type": "sub" }, { "text": ") in 2024, up from an annual average of EUR5/tCO" }, { "children": [ { "text": "2" } ], "type": "sub" }, { "text": "\u00a0in 2017 and EUR25/tCO" }, { "children": [ { "text": "2" } ], "type": "sub" }, { "text": "\u00a0in 2020." } ], "type": "p" } ] }, "35309b44-42c9-4a06-aaa8-ab8f7bf8fd91": { "@type": "slate", "plaintext": "Several amendments to the EU ETS Directive have been adopted to achieve the goals set out in the European Climate Law . Since the revised Directive took effect in June 2023, Member States are obliged to use 100% of the revenue collected (or a financial equivalent) to support specific climate action and energy transformation purposes, except for any revenue that Member States spend in aid for electricity-intensive industries for indirect carbon costs . Before June 2023, Member States were encouraged to spend at least 50% of their revenues on those purposes.", "value": [ { "children": [ { "text": "Several amendments to the EU " }, { "children": [ { "text": "ETS Directive" } ], "data": { "url": "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02003L0087-20240301" }, "type": "link" }, { "text": " have been adopted to achieve the goals set out in the " }, { "children": [ { "text": "European Climate Law" } ], "data": { "url": "https://climate.ec.europa.eu/eu-action/european-green-deal/european-climate-law_en" }, "type": "link" }, { "text": ". Since the revised Directive took effect in June 2023, Member States are " }, { "children": [ { "text": "obliged" } ], "type": "strong" }, { "text": " to use 100% of the revenue collected (or a financial equivalent) to support specific climate action and energy transformation purposes, except for any revenue that Member States spend in aid for electricity-intensive industries for indirect carbon costs" }, { "children": [ { "text": "" } ], "data": { "extra": [], "footnote": "The EU ETS Directive permits Member States to provide compensation to the most electricity-intensive sectors to offset higher electricity costs resulting from the EU ETS. This can be done through national state aid programs, with the aim reduce the risk of \u201ccarbon leakage\u201d, where companies relocate production to countries outside the EU where less ambitious climate policies are in place. Member States are encouraged to allocate no more than 25% of auctioning revenues for this purpose. If they exceed this limit, they must provide justification.", "label": "The EU ETS Directive permits Member States to provide compensation to the most electricity-intensive sectors to offset higher electricity costs resulting from the EU ETS. This can be done through national state aid programs, with the aim reduce the risk of \u201ccarbon leakage\u201d, where companies relocate production to countries outside the EU where less ambitious climate policies are in place. Member States are encouraged to allocate no more than 25% of auctioning revenues for this purpose. If they exceed this limit, they must provide justification.", "uid": "0l4Qp", "value": "The EU ETS Directive permits Member States to provide compensation to the most electricity-intensive sectors to offset higher electricity costs resulting from the EU ETS. This can be done through national state aid programs, with the aim reduce the risk of \u201ccarbon leakage\u201d, where companies relocate production to countries outside the EU where less ambitious climate policies are in place. Member States are encouraged to allocate no more than 25% of auctioning revenues for this purpose. If they exceed this limit, they must provide justification." }, "type": "footnote" }, { "text": " . Before June 2023, Member States were encouraged to spend at least 50% of their revenues on those purposes." } ], "type": "p" } ] }, "395b1bbe-efeb-4b91-8de3-70725777138b": { "@type": "group", "className": "figure-metadata", "data": { "blocks": { "e7a09c3d-d509-4d5e-8f6a-eff959f2e039": { "@type": "slate", "plaintext": "Figure 1. Member State auctioning revenues and reported usage, (Billion EUR), 2013-2024, scope EU-27", "value": [ { "children": [ { "text": "Figure 1. Member State auctioning revenues and reported usage, (Billion EUR), 2013-2024, scope EU-27" } ], "type": "h3-light" } ] } }, "blocks_layout": { "items": [ "e7a09c3d-d509-4d5e-8f6a-eff959f2e039" ] } }, "id": "figure-metadata-b0279dde-1ceb-4137-a7f1-5ab7b46a782c", "styles": {} }, "43df8fab-b278-4b0e-a62c-ce6b8e0a881d": { "@type": "dividerBlock", "disableNewBlocks": true, "fitted": false, "fixed": true, "hidden": true, "readOnly": true, "readOnlySettings": true, "required": true, "section": false, "short": true, "spacing": "m", "styles": {} }, "5392093c-41e6-4a96-9785-703f60fd4cb6": { "@type": "slate", "plaintext": " Total auctioning revenues generated under the ETS system amounted to EUR 38,8 billion in 2024, of which EUR 24,4 billion went directly to Member States. The remaining to the Innovation Fund (EUR 2,4bn), the Modernisation Fund ( EUR 6,3bn), the Recovery and Resilience Facility (EUR 5.6bn), and the EFTA countries and Northern Ireland (EUR 0,25b).", "value": [ { "children": [ { "text": "" }, { "children": [ { "text": "Total auctioning revenues" } ], "type": "strong" }, { "text": " generated under the ETS system amounted to EUR 38,8 billion in 2024, of which EUR 24,4 billion went directly to Member States. The remaining to the " }, { "children": [ { "text": "Innovation Fund" } ], "data": { "url": "https://climate.ec.europa.eu/eu-action/funding-climate-action/innovation-fund_en" }, "type": "link" }, { "text": " (EUR 2,4bn), the " }, { "children": [ { "text": "Modernisation Fund (" } ], "data": { "url": "https://climate.ec.europa.eu/eu-action/funding-climate-action/modernisation-fund_en" }, "type": "link" }, { "text": "EUR 6,3bn), the Recovery and Resilience Facility (EUR 5.6bn), and the EFTA countries and Northern Ireland (EUR 0,25b). " } ], "type": "p" } ] }, "63da6fab-ee4e-4a0c-a1ee-869eb4065f8b": { "@type": "slate", "plaintext": "industrial decarbonisation; energy transformation; clean tech technologies; adaptation to climate change; decarbonisation of the transport sector; actions for just transition.", "value": [ { "children": [ { "children": [ { "text": "industrial decarbonisation;" } ], "type": "li" }, { "children": [ { "text": "energy transformation;" } ], "type": "li" }, { "children": [ { "text": "clean tech technologies;" } ], "type": "li" }, { "children": [ { "text": "adaptation to climate change;" } ], "type": "li" }, { "children": [ { "text": "decarbonisation of the transport sector;" } ], "type": "li" }, { "children": [ { "text": "actions for just transition. " } ], "type": "li" } ], "type": "ul" } ] }, "990b8db1-86bd-40aa-a215-c29b193d9eef": { "@type": "slate", "plaintext": "Despite more allowances being auctioned in 2024 compared to 2023 (+15%), the drop in revenue distributed to Member States can be explained by an 18% drop in the average price of allowances in 2024 (EUR 64.8/tCO 2 e) compared to 2023 (EUR 83.6/tCO 2 e) and, by a larger share of overall revenues allocated to European funds. Funds such as the Modernisation Fund (+12%), Innovation Fund (+26%) and Recovery and Resilience Facility funds (+60%), all contributing to investments in the Member States' climate action.", "value": [ { "children": [ { "text": "Despite more allowances being auctioned in 2024 compared to 2023 (+15%), the drop in revenue distributed to Member States can be explained by an 18% drop in the average price of allowances in 2024 (EUR 64.8/tCO" }, { "children": [ { "text": "2" } ], "type": "sub" }, { "text": "e) compared to 2023 (EUR 83.6/tCO" }, { "children": [ { "text": "2" } ], "type": "sub" }, { "text": "e) and, by a larger share of overall revenues allocated to European funds. Funds such as the Modernisation Fund (+12%), Innovation Fund (+26%) and Recovery and Resilience Facility funds (+60%), all contributing to investments in the Member States' climate action." } ], "type": "p" } ] }, "b0279dde-1ceb-4137-a7f1-5ab7b46a782c": { "@type": "embed_content", "disableNewBlocks": true, "fixed": true, "instructions": { "content-type": "text/html", "data": "<p>figure instructions goes here</p>", "encoding": "utf8" }, "readOnlySettings": true, "required": true, "url": "../../../../resolveuid/db1a0e9d967e4b198412e1d38b58359b" }, "cb59e1d2-4faa-4363-a61a-5f9177cdcc6d": { "@type": "slate", "plaintext": " The EU ETS is a \u2018cap and trade\u2019 system covering electricity and heat generation, energy-intensive industries, maritime transport and aviation within the European Economic Area. It includes flights to Switzerland and the United Kingdom, and 50% of emissions from maritime transport voyages starting or ending outside the EU. Expressed in allowances, the cap limits the total amount of greenhouse emissions cumulatively emitted by companies covered by the EU ETS. Each company must surrender enough allowances to account for their greenhouse gas emissions annually. A share of the allowances is freely allocated, yet the majority are auctioned in a public authority led process. Companies can trade allowances, effectively establishing a European carbon market.", "value": [ { "children": [ { "text": "" }, { "children": [ { "text": "" } ], "type": "b" }, { "text": "The " }, { "children": [ { "text": "EU ETS" } ], "data": { "url": "https://climate.ec.europa.eu/eu-action/eu-emissions-trading-system-eu-ets_en" }, "type": "link" }, { "text": " is a " }, { "children": [ { "text": "\u2018cap and trade\u2019 system" } ], "type": "strong" }, { "text": " " }, { "children": [ { "text": "covering" } ], "data": { "url": "https://climate.ec.europa.eu/eu-action/eu-emissions-trading-system-eu-ets/scope-eu-ets_en" }, "type": "link" }, { "text": " electricity and heat generation, energy-intensive industries, maritime transport and aviation within the European Economic Area. It includes flights to Switzerland and the United Kingdom, and 50% of emissions from maritime transport voyages starting or ending outside the EU. Expressed in allowances, the cap" }, { "children": [ { "text": " limits " } ], "type": "strong" }, { "text": "the total amount of greenhouse emissions cumulatively emitted by companies covered by the EU ETS. Each company must surrender enough allowances to account for their greenhouse gas emissions annually. A share of the allowances is freely allocated, yet the majority are auctioned in a public authority led process. Companies can trade allowances, effectively establishing a European carbon market." } ], "type": "p" } ] }, "deb7e84d-d2c8-4491-90fa-3dc65fe02143": { "@type": "slate", "fixed": true, "instructions": { "content-type": "text/html", "data": "<p><br/></p>", "encoding": "utf8" }, "plaintext": "", "readOnlySettings": true, "required": true, "value": [ { "children": [ { "text": "" } ], "type": "p" } ] }, "f573e9ca-e2bd-4d9e-b6ae-b39a0a53811f": { "@type": "slate", "plaintext": "Purposes for which Member States can spend these revenues are in the following categories :", "value": [ { "children": [ { "text": "Purposes for which Member States can spend these revenues are in the following categories" }, { "children": [ { "text": "" } ], "data": { "extra": [], "footnote": "The different purpose are listed in the EU ETS Directive.", "label": "The different purpose are listed in the EU ETS Directive.", "uid": "glPbS", "value": "The different purpose are listed in the EU ETS Directive." }, "type": "footnote" }, { "text": ": " } ], "type": "p" } ] } }, "blocks_layout": { "items": [ "395b1bbe-efeb-4b91-8de3-70725777138b", "b0279dde-1ceb-4137-a7f1-5ab7b46a782c", "43df8fab-b278-4b0e-a62c-ce6b8e0a881d", "cb59e1d2-4faa-4363-a61a-5f9177cdcc6d", "35309b44-42c9-4a06-aaa8-ab8f7bf8fd91", "f573e9ca-e2bd-4d9e-b6ae-b39a0a53811f", "63da6fab-ee4e-4a0c-a1ee-869eb4065f8b", "0e004ca4-3d48-4d94-bbc7-9a2468de1cff", "5392093c-41e6-4a96-9785-703f60fd4cb6", "990b8db1-86bd-40aa-a215-c29b193d9eef", "06c1fe36-38ce-4539-a6d9-e59ee4ec75c0" ] } }, "disableInnerButtons": true, "disableNewBlocks": false, "fixed": true, "ignoreSpaces": true, "instructions": { "content-type": "text/html", "data": "<p><strong>Assessment text remains at</strong> <strong>the relevant</strong> <strong>aggregate level</strong> <strong>(i.e.</strong> <strong>global, EU, sectoral)</strong> <strong>and addresses the following: </strong></p><ol keys=\"dkvn8,e367c,f4lpb,9j981,7ai6k,3g3pd\" depth=\"0\"><li>Explains in one or two sentences on the environmental rationale of the indicator, i.e. why it matters to the environment that we see an increase/decrease in the value measured.</li><li>Explains in one or two sentences the associated policy objective, which can be either quantitative or directional. More information on the policy objective and related references will be included in the supporting information section. Where there is no policy objective associated with the indicator, i.e. where the indicator addresses an issue that is important for future policy formulation, this text should explain instead why this issue is important.</li><li>IF NECESSARY - Explains any mismatch between what the indicator tracks and what the policy objective/issue is.</li><li>Qualifies the historical trend (e.g. steady increase) and explains the key reasons (e.g. policies) behind it. If there is a quantitative target it explains if we are on track to meet it.</li><li>IF NECESSARY - Explains any recent changes to the trend and why.</li><li>IF NECESSARY - Describes what needs to happen to see adequate progress in future, for instance in order to remain on track to meet targets.</li></ol><p><strong>Please cite your work if</strong> <strong>necessary</strong> <strong>using the EEA citation style (i.e.</strong> <strong>EEA, 2020). A full reference list appears in the supporting information section.</strong></p>", "encoding": "utf8" }, "maxChars": "2000", "placeholder": "Aggregate level assessment e.g. progress at global, EU level..", "readOnlySettings": true, "required": true, "title": "Aggregate level assessment" }, "b6374ac8-b8f3-4d41-a915-efd8e7621ca8": { "@layout": "d060487d-88fc-4f7b-8ea4-003f14e0fb0c", "@type": "group", "allowedBlocks": [ "slate" ], "as": "section", "block": "8683373a-a0bb-49a6-b8b1-f76eb8d5aa9d", "data": { "blocks": { "02ba4a04-fcfe-4968-806f-1dac3119cfef": { "@type": "embed_content", "disableNewBlocks": true, "fixed": true, "instructions": { "content-type": "text/html", "data": "<p><br/></p>", "encoding": "utf8" }, "readOnlySettings": true, "required": true, "url": "../../../../resolveuid/f1b30a6329f147139a6db991c612c9b5" }, "43df8fab-b278-4b0e-a62c-ce6b8e0a881e": { "@type": "dividerBlock", "disableNewBlocks": true, "fitted": false, "fixed": true, "hidden": true, "readOnly": true, "readOnlySettings": true, "required": true, "section": false, "short": true, "spacing": "m", "styles": {} }, "646faeab-21df-45c3-bd12-bb0bd8dafcc8": { "@type": "slate", "plaintext": "Member States reported having already disbursed 67% of the revenue generated in 2024, for energy and climate purposes. Germany generated the highest EU ETS auctioning revenue in in 2024, at EUR 5.5 billion, followed by Poland (EUR3.8bn), Spain and Italy (EUR 2.6 and EUR 2.6bn respectively).", "value": [ { "children": [ { "text": "Member States reported having already disbursed 67% of the revenue generated in 2024, for energy and climate purposes." }, { "children": [ { "text": " " } ], "type": "strong" }, { "text": "Germany " }, { "children": [ { "text": "generated the highest" } ], "type": "strong" }, { "text": " EU ETS auctioning revenue in in 2024, at EUR 5.5 billion, followed by Poland (EUR3.8bn), Spain and Italy (EUR 2.6 and EUR 2.6bn respectively). " } ], "type": "p" } ] }, "6bd8bcde-934c-4443-aba9-5f62a2135b8a": { "@type": "slate", "plaintext": "Together, these high generating Member States account for about 60% of the auctioning revenues that went directly to all EU-27 Member States in 2023. Over half of Member States have already declared to meet the 100% target of spending all revenue generated in 2024 (other than the revenues used for indirect carbon compensation).", "value": [ { "children": [ { "text": "Together, these high generating Member States account for about 60% of the auctioning revenues that went directly to all EU-27 Member States in 2023. Over half of Member States have already declared to meet the 100% target of spending all revenue generated in 2024 (other than the revenues used for indirect carbon compensation)." } ], "type": "p" } ] }, "c80498af-b480-4def-bb0d-70bdefb548fb": { "@type": "group", "className": "figure-metadata", "data": { "blocks": { "cc5186eb-75b4-45d8-9674-fab77f3ad10f": { "@type": "slate", "plaintext": "Figure 2. Auctioning revenues and reported usage, (Million EUR), in 2024, for each Member State", "value": [ { "children": [ { "text": "Figure 2. Auctioning revenues and reported usage, (Million EUR), in 2024, for each Member State" } ], "type": "h3-light" } ] } }, "blocks_layout": { "items": [ "cc5186eb-75b4-45d8-9674-fab77f3ad10f" ] } }, "id": "figure-metadata-02ba4a04-fcfe-4968-806f-1dac3119cfef", "styles": {} }, "d3d49723-14e5-4663-b346-37ee3572f28d": { "@type": "slate", "fixed": true, "instructions": { "content-type": "text/html", "data": "<p><br/></p>", "encoding": "utf8" }, "plaintext": "", "readOnlySettings": true, "required": true, "value": [ { "children": [ { "text": "" } ], "type": "p" } ] }, "fef961f3-f4d2-4ac3-a2af-d7cf26d182fd": { "@type": "slate", "plaintext": "From June 2023, all relevant ETS revenue must be spent on climate and energy related actions, but does not need to be fully spent in the year of generation. The only exception to this rule allows Member States to use ETS revenues to support electricity-intensive industries in covering indirect carbon costs. Ten Member States used their revenue for this purpose in 2024, amounting to EUR 3.2 billion out of EUR 24.4 billion; the remaining EUR 21,2 billion must be used for climate action.", "value": [ { "children": [ { "text": "From June 2023, all relevant ETS revenue " }, { "children": [ { "text": "must be spent" } ], "type": "strong" }, { "text": " on climate and energy related actions, but does not need to be fully spent in the year of generation. The only exception to this rule allows Member States to use ETS revenues to support electricity-intensive industries in covering indirect carbon costs. Ten Member States used their revenue for this purpose in 2024, amounting to EUR 3.2 billion out of EUR 24.4 billion; the remaining EUR 21,2 billion must be used for climate action. " } ], "type": "p" } ] } }, "blocks_layout": { "items": [ "c80498af-b480-4def-bb0d-70bdefb548fb", "02ba4a04-fcfe-4968-806f-1dac3119cfef", "43df8fab-b278-4b0e-a62c-ce6b8e0a881e", "fef961f3-f4d2-4ac3-a2af-d7cf26d182fd", "646faeab-21df-45c3-bd12-bb0bd8dafcc8", "6bd8bcde-934c-4443-aba9-5f62a2135b8a" ] } }, "disableInnerButtons": true, "disableNewBlocks": false, "fixed": true, "ignoreSpaces": true, "instructions": { "content-type": "text/html", "data": "<ol keys=\"9bbul,b1sa2,171og,1c1t5\" depth=\"0\"><li>Depending on the indicator context, this text can provide information at country level or, if this is not relevant, at some other level, e.g. sectoral, regional level.</li><li>This text interprets the data represented in the chart, rather than describing results, i.e. it provides explanations for some of the results.</li><li>The text related to progress at this level does not have to be comprehensive.</li><li>If there is no information that adds value to what is already visible there is no need to have any text.</li></ol>", "encoding": "utf8" }, "maxChars": "1000", "placeholder": "Disaggregate level assessment e.g. country, sectoral, regional level assessment", "readOnly": false, "readOnlySettings": true, "required": true, "title": "Disaggregate level assessment" }, "b8e76547-2fcc-46f0-8e70-f9cd5eaab072": { "@layout": "8cb090c3-7071-40b8-9c7b-aca2ca3d0ad9", "@type": "accordion", "allowedBlocks": [ "columnsBlock", "slateFootnotes", "metadataSection" ], "block": "717799a6-3a44-480d-86b3-ecdfd27942fc", "collapsed": true, "data": { "blocks": { "309c5ef9-de09-4759-bc02-802370dfa366": { "@type": "accordionPanel", "blocks": { "e047340c-c02e-4247-89ab-5fec73aeb5d3": { "@type": "columnsBlock", "data": { "blocks": { "a8a2323e-32af-426e-9ede-1f17affd664c": { "blocks": { "fe145094-71e0-4b3d-82f3-e4d79ac13533": { "@type": "metadataSection", "disableNewBlocks": true, "fields": [ { "@id": "94d638f1-89e1-4f97-aa59-b89b565f60fb", "field": { "id": "taxonomy_typology", "title": "Typology", "widget": "choices" }, "showLabel": true }, { "@id": "ec261e45-f97d-465c-b5a3-0e4aa5187114", "field": { "id": "taxonomy_un_sdgs", "title": "UN SDGs", "widget": "array" }, "showLabel": true }, { "@id": "eaef9ff4-0f8d-4360-9d19-5c6a2fd2dd00", "field": { "id": "unit_of_measure", "title": "Unit of measure", "widget": "slate" }, "showLabel": true }, { "@id": "089cd1a1-92d4-47e2-8f6e-4bdb358600fe", "field": { "id": "frequency_of_dissemination", "title": "Frequency of dissemination", "widget": "integer" }, "showLabel": true } ], "fixed": true, "fixedLayout": true, "readOnly": false, "readOnlySettings": true, "required": true, "title": "Right column", "variation": "default" } }, "blocks_layout": { "items": [ "fe145094-71e0-4b3d-82f3-e4d79ac13533" ] }, "readOnlySettings": true }, "d9b41958-c17c-45f8-bae1-4140b537a033": { "blocks": { "2a56568a-10af-4a5b-8c73-22aa8cb734fe": { "@type": "metadataSection", "disableNewBlocks": true, "fields": [ { "@id": "48a20e0b-d3bd-41ac-aa06-e97c61071bd2", "field": { "id": "taxonomy_dpsir", "title": "DPSIR", "widget": "choices" }, "showLabel": true }, { "@id": "34ceb93f-b405-4afd-aeae-a05abd44d355", "field": { "id": "topics", "title": "Topics", "widget": "array" }, "showLabel": true }, { "@id": "fd2cdb9e-5ddd-4b46-8382-0d687ce2883e", "field": { "id": "subjects", "title": "Tags", "widget": "tags" }, "showLabel": true }, { "@id": "0e842d87-c9f4-438e-b234-f83141d25ff3", "field": { "id": "temporal_coverage", "title": "Temporal coverage", "widget": "temporal" }, "showLabel": true }, { "@id": "0b8ee8c2-046b-4243-9f11-116df6e0a524", "field": { "id": "geo_coverage", "title": "Geographic coverage", "widget": "geolocation" }, "showLabel": true } ], "fixed": true, "fixedLayout": true, "readOnly": false, "readOnlySettings": true, "required": true, "title": "Left column", "variation": "default" } }, "blocks_layout": { "items": [ "2a56568a-10af-4a5b-8c73-22aa8cb734fe" ] }, "readOnlySettings": true } }, "blocks_layout": { "items": [ "d9b41958-c17c-45f8-bae1-4140b537a033", "a8a2323e-32af-426e-9ede-1f17affd664c" ] } }, "disableNewBlocks": true, "fixed": true, "fixedLayout": true, "gridCols": [ "halfWidth", "halfWidth" ], "gridSize": 12, "instructions": { "content-type": "text/html", "data": "<p><br/></p>", "encoding": "utf8" }, "readOnly": false, "readOnlySettings": true, "required": true, "title": "Metadata" } }, "blocks_layout": { "items": [ "e047340c-c02e-4247-89ab-5fec73aeb5d3" ] }, "readOnlySettings": true, "title": "Metadata" }, "546a7c35-9188-4d23-94ee-005d97c26f2b": { "@type": "accordionPanel", "blocks": { "b5381428-5cae-4199-9ca8-b2e5fa4677d9": { "@type": "metadataSection", "disableNewBlocks": true, "fields": [ { "@id": "62c471fc-128f-4eff-98f9-9e83d9643fc7", "field": { "id": "data_description", "title": "Definition", "widget": "slate" }, "showLabel": true }, { "@id": "ee67688d-3170-447a-a235-87b4e4ff0928", "field": { "id": "methodology", "title": "Methodology", "widget": "slate" }, "showLabel": true }, { "@id": "b8a8f01c-0669-48e3-955d-d5d62da1b555", "field": { "id": "policy_relevance", "title": "Policy/environmental relevance", "widget": "slate" }, "showLabel": true }, { "@id": "d71a80d1-0e65-46d9-8bd4-45aca22bc5dc", "field": { "id": "accuracy_and_reliability", "title": "Accuracy and uncertainties", "widget": "slate" }, "showLabel": true }, { "@id": "97ed11f5-4d31-4462-b3b0-2756a6880d31", "field": { "id": "data_provenance", "title": "Data sources and providers", "widget": "data_provenance" }, "showLabel": true } ], "fixed": true, "fixedLayout": true, "readOnly": false, "readOnlySettings": true, "required": true, "title": "Supporting information", "variation": "default" } }, "blocks_layout": { "items": [ "b5381428-5cae-4199-9ca8-b2e5fa4677d9" ] }, "readOnlySettings": true, "title": "Supporting information" }, "ecdb3bcf-bbe9-4978-b5cf-0b136399d9f8": { "@type": "accordionPanel", "blocks": { "d9aa8ed3-1c8a-4134-a324-663489a04473": { "@type": "slateFootnotes", "disableNewBlocks": true, "fixed": true, "global": true, "instructions": { "content-type": "text/html", "data": "<p><br/></p>", "encoding": "utf8" }, "placeholder": "References and footnotes will appear here", "readOnlySettings": true, "required": true } }, "blocks_layout": { "items": [ "d9aa8ed3-1c8a-4134-a324-663489a04473" ] }, "readOnlySettings": true, "selected": "b142c252-337d-4f6e-8ed2-ff4c43601e2f", "title": "References and footnotes" } }, "blocks_layout": { "items": [ "546a7c35-9188-4d23-94ee-005d97c26f2b", "309c5ef9-de09-4759-bc02-802370dfa366", "ecdb3bcf-bbe9-4978-b5cf-0b136399d9f8" ] } }, "disableInnerButtons": true, "disableNewBlocks": true, "fixed": true, "fixedLayout": true, "instructions": { "content-type": "text/html", "data": "<p><br/></p>", "encoding": "utf8" }, "non_exclusive": false, "readOnly": false, "readOnlySettings": true, "readOnlyTitles": true, "required": true, "title": "Additional information", "title_size": "h3" }, "e9736b7c-4902-48aa-aecd-b706409a576d": { "@type": "dividerBlock", "disableNewBlocks": true, "fixed": true, "hidden": true, "readOnly": true, "required": true, "section": false, "spacing": "m", "styles": {} } }
Blocks Layout { "items": [ "072491a5-45ec-46de-97f5-fd9b792c1a50", "a3d5da38-eff7-4643-a92e-c1be6524b263", "b6374ac8-b8f3-4d41-a915-efd8e7621ca8", "b8e76547-2fcc-46f0-8e70-f9cd5eaab072" ] }
Supporting information
Methodology [ { "children": [ { "text": "Member States report annually on the use of auctioning revenues for climate change- and energy-related purposes, under Article 17 of " }, { "children": [ { "text": "Regulation (EU) No 525/2013" } ], "data": { "url": "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32013R0525" }, "type": "link" }, { "text": ". Member States shall report on the amounts and the use of auctioning revenues under the\u00a0" }, { "children": [ { "text": "Regulation on the Governance of the Energy Union and Climate Action" } ], "data": { "url": "https://eur-lex.europa.eu/legal-content/en/TXT/?uri=CELEX:32018R1999" }, "type": "link" }, { "text": "\u00a0(2018/1999, Article 19(2)) and, from 2021 to 2023, under Annex II of Implementing Regulation 2020/1208, and from 2024, under Implementing regulation 2024/1281. These data have been used to estimate the share of revenues used for climate change- and energy-related purposes as shown in this indicator. " } ], "type": "p" }, { "children": [ { "text": " " } ], "type": "p" }, { "children": [ { "text": "Note that Figures 1 and 2 above shows only the EU ETS revenues share that went directly to Member States (e.g. in 2021, the total EU ETS auctioning revenues amounted to \u20ac31 billion, of which \u20ac25 billion went directly to the 27 Member States)." } ], "type": "p" }, { "children": [ { "text": " " } ], "type": "p" }, { "children": [ { "text": "Data from 2013 to 2022: " } ], "type": "p" }, { "children": [ { "text": "Annual reporting does not necessarily cover on how the revenues of that year are spent, but the spending of revenues during that year, i.e. it can include revenues from earlier years. " } ], "type": "p" }, { "children": [ { "text": "Spending is understood as comited and disbursed money in a given year. " } ], "type": "p" }, { "children": [ { "text": "Member States only report on spending for the purposes of addressing climate change and energy, but this does not mean that the amount not covered in the report is necessarily spent for other purposes: it is also possible that revenues are spent later, or used to fund many projects/activities, only part of which are linked to climate change and energy, or that a certain amount has been set aside for climate and energy but not all of it has yet been formally attributed to specific projects. " } ], "type": "p" }, { "children": [ { "text": "Additionally, multiple Member States do not earmark their auction revenues for a specific purpose, but instead attribute part or all of their revenues to a broad budget such as the general budget, that is funded by multiple sources. The general budget can then be spent on both climate change and energy and other purposes. Often, in such cases example projects funded by the broad budget are reported, but a direct link to auctioning revenues cannot be made. Reported spending can also be higher than the revenues of that year, if either it includes spending of previous years\u2019 revenues or if the reported projects were co-funded with other funds. For the purposes of the estimated shares spent on climate and energy, the annual shares have been capped at 100% in order to avoid distortion of the figures. " } ], "type": "p" }, { "children": [ { "text": "Data from 2023:" } ], "type": "p" }, { "type": "p", "children": [ { "text": " " } ] }, { "type": "p", "children": [ { "text": "The data includes only the spending (disbursed money) in year X from the revenues generated in year X (revenues from earlier years spent in 2024 and later are not included). " } ] }, { "type": "p", "children": [ { "text": "Revenues not yet disbursed, committed or reported in were derived by subtracting the total amount of revenue generated by the amounts reported as disbursed or committed by Member States. " } ] }, { "children": [ { "text": " " } ], "type": "p" }, { "children": [ { "text": "Specific methodological notes on individual country data are available in the Commission\u2019s \" " }, { "children": [ { "text": "Climate Action Progress Report 2024" } ], "data": { "url": "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52024SC0249" }, "type": "link" }, { "text": "\"." } ], "type": "p" } ]
Data sources and providers { "readOnly": true, "data": [ { "@id": "acda5356-e23d-47bb-8fa4-7a5f58c57f14", "title": "Auctionning revenues generated and reported usage", "link": "https://climate-energy.eea.europa.eu/topics/climate-finance/use-of-ets-auctioning-revenues/data", "organisation": "European Environment Agency (EEA)" }, { "@id": "336571df-6a1e-4804-a0c8-4bc3f5bfdcda", "title": "Use of ETS auctioning revenues - Reporting year 2023 - GovReg", "link": "https://reportnet.europa.eu/public/dataflow/945", "organisation": "European Environment Agency (EEA)" } ] }
Definition [ { "children": [ { "text": "This indicator presents trends in the revenues generated by auctioning the EU ETS carbon emission allowances that go directly to Member States and the reported usage by category of spending. " } ], "type": "p" } ]
Unit of measure [ { "children": [ { "children": [ { "text": "Figure 1: Billion EUR" } ], "type": "li" }, { "children": [ { "text": "Figure 2: Million EUR" } ], "type": "li" } ], "type": "ul" } ]
Policy / environmental relevance [ { "children": [ { "text": "In the functioning of the EU ETS, allowances are sold following an auctioning procedure, providing financial resources to public authorities. These resources are expected to increase and be used to support the transition to a carbon-neutral economy. " } ], "type": "p" }, { "children": [ { "text": "" } ], "type": "p" }, { "children": [ { "text": "The figures presented are based on data reported by EU Member States to the EEA (publicly available on " }, { "children": [ { "text": "reportnet.europa.eu" } ], "data": { "url": "https://fra01.safelinks.protection.outlook.com/?url=http%3A%2F%2Freportnet.europa.eu%2F&data=05%7C01%7Ccoralie.jeannot%40citepa.org%7Cc1bb0ee12a954c1a892f08dab5a96992%7Cf173dcda98644f02a56932ef4d942877%7C0%7C0%7C638022036486581099%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=OufXKlVKN33e07RMXlzr46F0d7sZlM5wiTv7JnvV5ic%3D&reserved=0" }, "type": "link" }, { "text": "). These data were then quality checked by the European Commission and used in the report \"" }, { "type": "link", "data": { "url": "https://climate.ec.europa.eu/document/download/d0671350-37f2-4bc4-88e8-088d0508fb03_en" }, "children": [ { "text": "EU Climate Action Report 2024" } ] }, { "text": "\"." } ], "type": "p" } ]
Frequency of dissemination 1
Accuracy and uncertainties [ { "children": [ { "text": "See methodology" } ], "type": "p" } ]
Settings
Short name use-of-auctioning-revenues-generated
Versioning enabled yes
Contents