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Europe Daily Bulletin No. 13261

30 September 2023
Contents Publication in full By article 15 / 29
ECONOMY - FINANCE - BUSINESS / Finance
ECB, EIB and IEA stress importance of private capital markets in financing energy transition
Brussels, 29/09/2023 (Agence Europe)

To achieve the carbon neutrality targets set for 2050 by the International Energy Agency (IEA) (see EUROPE B13258A10), the European Union will need to increase the annual level of investment from €330 billion in 2022 to €530 billion in 2030, stressed the ECB, EIB and IEA on Friday 29 September at a joint conference in Paris.

Private investment and the financial contribution of multilateral development banks will play a crucial role in this. Hence the importance, according to the...

Contents

SECTORAL POLICIES
COHESION: Spanish Presidency of EU Council espouses “more flexible” cohesion policy
MIGRATION: EU countries around Mediterranean commit to finding a common approach to response to migration
HOME AFFAIRS: second EU-Colombia dialogue on drugs takes place in Brussels
SEA: Virginijus Sinkevičius worried not enough fish in Baltic Sea in relation to fishing capacity of EU fleet
ENERGY: Kadri Simson sets out plan to make heat pumps Europe’s new “boiler”
ENERGY: “As energy transition progresses, a more fundamental overhaul of European electricity market will be required”, according to a report commissioned by European Parliament committee
ENERGY: European Commission reiterates its desire to extend and integrate in a more structural way certain emergency measures adopted during energy crisis
CIVIL PROTECTION: Moldova now full-fledged member of Union Civil Protection Mechanism
HEALTH: fight against cancer, first prototype of pan-European digital infrastructure
COMMISSIONERS-DESIGNATE HEARINGS IN EUROPEAN PARLIAMENT
EUROPEAN COMMISSION: European Parliament’s Environment Committee prepares to hear Wopke Hoekstra
EXTERNAL ACTION
WESTERN BALKANS: Austria proposes an action plan to define concrete steps to advance ‘gradual integration’ of six countries in region into EU
CAUCASUS: EU asks Azerbaijan to allow a UN mission into Nagorno-Karabakh
UNITED STATES: Tonino Picula calls for stronger transatlantic partnership
Russian invasion of Ukraine
TRADE/AGRICULTURE: European Commission welcomes measures taken by Kyiv to monitor cereal exports
ECONOMY - FINANCE - BUSINESS
FINANCE: ECB, EIB and IEA stress importance of private capital markets in financing energy transition
ECONOMY: green light for revised recovery plans of Netherlands and Slovenia
STATE AID: European Commission approves changes to Belgian capacity mechanism for electricity supply
INSTITUTIONAL
EUROPEAN PARLIAMENT PLENARY: hearings of European Commissioners, migration, trade relations and media freedom will keep MEPs busy in Strasbourg
COUNCIL OF EUROPE
EDUCATION: Council of Europe launches its “Learners First” education strategy
NEWS BRIEFS
STATE AID: European Commission approves a Greek measure worth €106 million for construction of a liquefied natural gas terminal
STATE AID: European Commission raises aid ceilings to counteract regional disparities in Bulgaria
WESTERN BALKANS: tensions in north of Kosovo, NATO not ruling out adjustments to KFOR
TRADE/CLIMATE: transitional phase of EU Carbon Border Adjustment Mechanism enters into force
ENERGY: European Commission consults on energy labelling requirements for solid fuel boilers
ENVIRONMENT: European Commission calls on Portugal to fully transpose ‘industrial emissions’ directive
ENVIRONMENT: European Commission calls on France to comply with 2002 ‘Noise’ directive
LIBYA: EU and UN reaffirm their commitment to work together for a lasting political solution
DIGITAL: around fifteen associations call on EU not to impose overly stringent requirements on general-purpose systems under ‘AI Act’
NATO: Jens Stoltenberg and Mette Frederiksen call for creation of a transatlantic quantum community