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Image header Agence Europe
Europe Daily Bulletin No. 12534
Contents Publication in full By article 31 / 36
NEWS BRIEFS / Energy

Post-Covid-19 recovery, EU-ASE calls for clearer rules on climate conditionality

Brussels, 23/07/2020 (Agence Europe)While welcoming the agreement between Member State leaders on the post-Covid-19 Economic Recovery Plan and the European Union’s 2021-2027 Multiannual Financial Framework (MFF) (see EUROPE 12532/2), the European Alliance to Save Energy (EU-ASE), a group of European businesses and organisations advocating greater energy efficiency, called on Thursday 23 July for a strengthening of “climate conditionality” as part of the recovery. “We need clearer rules, including a stringent definition of harmful activities, to ensure that no EU-backed spending is directed to investments at odds with the climate neutrality goal”, said Monica Frassoni, President of the EU-ASE. The Alliance also lamented the budget cuts in the Just Transition Fund (see EUROPE 12533/3) and InvestEU (from €30.3 billion to €5.6 billion), two instruments which it considers “very relevant to ensure a smooth transition” to climate neutrality. (DG)

Contents

EUROPEAN PARLIAMENT PLENARY
EXTERNAL ACTION
EU RESPONSE TO COVID-19
SECTORAL POLICIES
ECONOMY - FINANCE
NEWS BRIEFS