Taraba: Climate action must not be a policy only for the rich

Slovakia intends to implement the EU emissions trading system (ETS2) in a way that ensures climate policy does not become an additional burden for low-income groups, Slovakia's Deputy Prime Minister and Minister of Environment Tomáš Taraba said during a panel session within the framework of the World Urban Forum 13.

"Currently, the European Union is discussing the implementation of the so-called ETS2 system. This is essentially the inclusion of the cost of emissions into the cost of living. And we are trying to balance this approach, because we must also protect low-income groups," he said.

According to Taraba, the fight against climate change should not become a policy accessible only to the wealthy.

The minister emphasized that Slovakia is pursuing a climate-sensitive approach in housing policy. Last year alone, the country invested more than €400 million in the renovation and modernization of housing for low-income citizens.

"This is a very good way to save energy, reduce household expenses, improve living standards, and at the same time fight climate change," he said.

Taraba also noted that around 27,000 homes were renovated in the country last year.

In addition, he said Slovakia operates a state agency that provides citizens with low-interest loans for home and apartment renovations.

"This will allow energy savings and ensure a higher quality of life for people," he added.

The minister stressed that authorities are seeking to maintain a balance between environmental reforms and social stability.

"We must always weigh what is feasible, what is not, what is too expensive and what does not bring sufficient benefit. Maintaining social peace in society is extremely important," Taraba stated.