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Image header Agence Europe
Europe Daily Bulletin No. 12561
Contents Publication in full By article 6 / 23
STATE OF THE UNION / Economy/taxation

Von der Leyen promises €250 billion in green bonds to fund Recovery Plan for Europe

On Wednesday 16 September, during her first State of the Union address, Ursula von der Leyen, the President of the European Commission, set a target of funding “30%” of the Next Generation EU Recovery Plan for Europe through the issue of ‘green’ financial securities on the financial markets, i.e. almost €250 billion euros.

“We are world leaders in green finance and the largest issuer of green bonds worldwide. We are leading the way in developing a reliable EU Green Bond...

Contents

STATE OF THE UNION
HEALTH: Ursula von der Leyen calls for lessons to be learnt from Covid-19 and for discussion of competences in health matters
SOCIAL: Ms von der Leyen clears the way for presentation of minimum wage initiative
FUNDAMENTAL RIGHTS/RULE OF LAW: fight against racism and defence of LGBTI rights are among priorities of von der Leyen Commission
MIGRATION: Ursula von der Leyen confirms that a system on migration management will replace ‘Dublin’ asylum regulation
CLIMATE/ENVIRONMENT: Commission proposes increasing emission reduction target for 2030 to “at least 55%”
ECONOMY/TAXATION: von der Leyen promises €250 billion in green bonds to fund Recovery Plan for Europe
DIGITAL: Ursula von der Leyen proposes to devote 20% of Next Generation EU to digital sector
INDUSTRY: von der Leyen announces updated industrial strategy for 2021
FOREIGN AFFAIRS/TRADE: Mrs von der Leyen defends Europe's place in world, in words rather than in actions
INSTITUTIONAL
EUROPEAN COMMISSION: European Parliament hearings of Commissioners-designate McGuinness and Dombrovskis could take place on 12 October
EUROPEAN PARLIAMENT PLENARY
COHESION: European Parliament approves inclusion of gas investments in Just Transition Fund, subject to conditions
CLIMATE: European Parliament calls for binding targets to strengthen EU's fight against global deforestation
CLIMATE: European Parliament gives its green light to inclusion of maritime transport in ETS
BUDGET: European Parliament demands inclusion of timetable on new resources in 2021-2027 MFF interinstitutional agreement
AFRICA: Parliament supports strengthening CSDP missions and developing European Peace Facility
GEORGIA: October elections will be crucial for democratic credibility, MEPs warn
CIVIL PROTECTION: European Parliament has mandate to negotiate with EU Council to strengthen EU’s rapid response to major disasters
SECTORAL POLICIES
AGRICULTURE: Commission proposes increasing production of organic plant reproductive material
AGRICULTURE: EFOW calls for extension of vine planting authorisations
EXTERNAL ACTION
UNITED KINGDOM: London cannot “unilaterally change” withdrawal agreement on an orderly Brexit, warns Ursula von der Leyen
COUNCIL OF EUROPE
COUNCIL OF EUROPE: PACE's October session replaced by Standing Committee meeting, and World Forum for Democracy postponed to 2021
NEWS BRIEFS
ALGERIA: Maria Arena condemns conviction of journalist Khaled Drareni
BIODIVERSITY: German Environment Minister Svenja Schulze calls fifth UN report a “useful guide”