The initiative is so named because it will be funded from the sale of 300 million emission allowances in the New Entrants Reserve (NER) of the EU Emissions Trading System (ETS).
Algatuse nimi tuleneb sellest, et seda rahastatakse ELi heitkogustega kauplemise süsteemi kaudu uute osalejate reservist (New Entrants Reserve, NER) 300 miljoni saastekvoodi müügist saadavatest vahenditest.