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Europe Daily Bulletin No. 12608

25 November 2020
Contents Publication in full By article 26 / 35
SECTORAL POLICIES / Climate
Commission clarifies distribution of carbon allowances under ‘Modernisation Fund’ 2021-2030
Brussels, 24/11/2020 (Agence Europe)

For the period 2021-2030, 643.232.888 emission allowances will be auctioned under the ‘Modernisation Fund’, the European Commission said on Monday 23 November.

On this basis, the institution estimates total revenues of the Fund at some €14 billion in 2021-2030, depending on the price of carbon.

The ‘Modernisation Fund’, provided for in the European Directive (2018/410) revising the EU Emissions Trading Scheme (ETS), is designed to financially support low-income Member States...

Contents

EUROPEAN PARLIAMENT PLENARY
TRADE: despite substantive differences, MEPs agree on resolution for international trade review
TURKEY: MEPs again call for sanctions against Ankara
CONSUMERS: European Parliament approves directive offering an EU-wide right of collective redress to deliberately ripped-off consumers
CONSUMERS: Didier Reynders counting on Parliament to implement new Agenda 2021-2025
CONSUMERS: MEPs want mandatory labelling on product lifespan and reparability
FUNDAMENTAL RIGHTS: debate in European Parliament on situation of fundamental rights in EU undermined by political divisions
SOCIAL: Parliament calls on Member States to end homelessness in EU by 2030
HOME AFFAIRS: European Parliament reiterates its wish to see Schengen area return to normal
FINANCE: adaptations of MiFID II Directive to facilitate economic recovery not unanimously supported by European Parliament
ECB: European Parliament gives go-ahead to appointment of Frank Elderson to Executive Board
REGIONS: European Parliament approves €823 million in aid for eight Member States under EU Solidarity Fund
JUSTICE: European Parliament gives final green light to new rules on digitalisation of judicial cooperation
INSTITUTIONAL
INTERVIEW BUDGET: European Recovery Plan can be launched without an agreement on 2021-2027 MFF, says Domènec Ruiz Devesa 
EUROPEAN COMMISSION: Pierre Delsaux appointed new Deputy Director-General for Health
EUROPEAN PARLIAMENT: politicians from Alsace call for public debate on work planned at ‘Caprice des Dieux’ in Brussels
EXTERNAL ACTION
AFGHANISTAN: EU pledges €1.2 billion over four years in help for country
DEVELOPMENT: EU wants to prevent a debt crisis in vulnerable countries from triggering global financial crisis
CHINA: EU wants to build comprehensive relationship with Beijing that also safeguards its interests, says Borrell
SECTORAL POLICIES
MIGRATION: Commission wants to end differences in treatment between EU citizens and legal migrants
TRANSPORT: Member States examine second draft of German Presidency compromise on Eurovignette
INDUSTRY: Battery Alliance, a second important project of common European interest is underway
INTERNAL MARKET: consultation on revision of criteria for State aid for ‘important projects of common European interest’
DIGITAL: Data Protection Board publishes opinion on EU Council discussions on ePrivacy Regulation 
HEALTH: Commission about to unveil its pharmaceutical strategy
CLIMATE: non-CO2 effects of aviation are warming climate at about three times rate of CO2 emissions, according to an EASA report
CLIMATE: Commission clarifies distribution of carbon allowances under ‘Modernisation Fund’ 2021-2030
EU RESPONSE TO COVID-19
HEALTH: vaccines, Commission is reserving up to 160 million doses from Moderna
STATE AID: European Commission authorises €120 million Luxembourg support for companies affected by Covid-19
ECONOMY - FINANCE - BUSINESS
TAXATION: European Commission is already preparing next revision of directive on administrative cooperation to include crypto-assets
TAXATION: 'FISC' subcommittee of European Parliament prepares resolution on reforming European 'black' list of tax havens
COURT OF JUSTICE OF THE EU
HOME AFFAIRS: prosecutors in the Netherlands do not constitute “executing judicial authority” of European arrest warrant, according to Court 
JUSTICE: Court specifies rule of special jurisdiction provided for in 'Brussels IA' Regulation
NEWS BRIEFS
AGRICULTURE: European Commission approves new German protected designation of origin
COHESION: start of interinstitutional negotiations on European Social Fund Plus
FINANCE: Japan joins International Platform on Sustainable Finance