Reducing Greenhouse Gas Emissions with Smart Urban Technologies in Latvia

Latvia directs the proceeds from emission allowances auctioning to the Emission Allowances Auction Instrument (EKII). The EKII allocated funds towards implementing the project Reducing Greenhouse Gas Emissions with Smart Urban Technologieswhich supported smart urban technologies to reduce emissions. Fully funded by auction revenues, the programme supported 15 projects estimated to reduce 560 tons of CO₂ emissions annually. Primarily installing smart public lighting and solar panels, the programme played a key role in promoting renewable energy and resource reduction in urban areas. The ETS auctioning revenues entirely funded the Programme. The funds of the EKII available within the tender were €8 million.

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