The Just Transition Fund's Blueprint for Transition is a comprehensive online resource to help coal communities and local leaders create an equitable, sustainable, and inclusive future. However, the French MEP and the Greens did manage to limit the scope of the fund to “a very limited number of gas projects” which are deemed compatible with the EU’s carbon neutrality target for 2050 and updated climate goals for 2030. “This hampers the EU’s prospects to reach carbon neutrality by 2050, and shows that MEPs are still unable to walk the talk when it comes to closing the European Green Deal, especially now that the Commission has announced a new target of 55% for greenhouse gas emissions reduction by 2030.”. Neue Details zur Finanzierung des „Just Transition Fund“ 13. We are seeing the record-breaking interest in our journalism as our pageviews have tripled. The Blueprint.

European Union countries agreed on Wednesday (24 June) that the bloc’s flagship fund to wean regions off fossil fuels should not finance nuclear or natural gas projects, despite calls from some Eastern countries for gas to be eligible for EU funding. In a vote earlier this year, EU countries voted to exclude all fossil fuels from the fund, setting the Parliament on a collision course with the Council of Ministers, which represents the 27 EU member states. Video Credit: Euronews English - Duration: 02:50s - Published, Cuts to EU Just Transition Fund put pressure on fossil fuel phase-out, Economic and political union of European states, Credit: Euronews English    Duration: 02:52, Credit: Euronews English    Duration: 02:21. [EPA-EFE/STEPHANIE LECOCQ], Comments Print Email Facebook Twitter LinkedIn WhatsApp. BERLIN (AP) — German Chancellor Angela Merkel has welcomed China's plan to be carbon-neutral by 2060, contrasting it with the U.S. failure to abide by the.. What to expect from the EU's special summit on foreign affairs, Brussels was 'naive in the past' over rule of law breaches, admits EU's Vera Jourova, Terms & Conditions  |  Content Accreditation, Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy.

“It’s simple: MEPs just agreed that taxpayer money can be used to pay for fossil gas, risking locking us in to stranded assets and climate pollution, and ramping up the costs of the transition,” said Katie Treadwell from WWF. Click "Continue" to accept and continue with ET EnergyWorld. Please review and accept these changes below to continue using the website.You can see our privacy policy & our cookie policy. The Just Transition Fund will now receive a combined 17.5 billion euros from the EU recovery fund and budget - down from the 37.5 billion euros set aside in a previous proposal. This information should not be behind a paywall, and we remain committed to providing our content for free.

We are more confident than ever in our role bridging media, policy, and the public. Do you value EURACTIV’s reporting? FRIENDS, IOC, which does not typically comment on its spot deals, is looking to import 30,000 tonnes of gasoline for Oct. 10-11 arrival at Chennai and Kochi through a tender closing on Sept. 29, Gujarat Chief Minister Vijay Rupani said the state government has given the sanction and the Rs 1,900 crore project and will be developed by a Consortium of developers, including the Padmanabh Mafatlal Group and one from the Netherlands. By continuing to browse the website, you are agreeing to our, We know our readers value our reporting, and the outpouring of support we have received since the beginning of the crisis shows that our readers are willing to step up for the journalism that they trust and value. The Just Transition Fund has been more than halved to €17.5bn - from the €40bn proposed just in May by the EU Commission (Photo: AdamCohn) By Elena Sánchez Nicolás. We are seeing the record-breaking interest in our journalism as our pageviews have tripled. To access the money, countries must commit to the EU's goal to become "climate neutral" by 2050 - … 0 183 2 Minuten gelesen. Adani Green Energy completes acquisition of 205 MW operating solar assets1 hr ago, BP sacks crude oil staff amid probe into China dealings2 hrs ago, The proposal earmarked 30 per cent of both the EU budget and a new 750 billion euro coronavirus recovery fund for climate protection, and said all spending must comply with a principle to "do no harm" to EU green goals, 100000+ Industry Leaders read it everyday, How did you hear about us? 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Green MEPs and the head of the Parliament’s environment committee, Pascal Canfin (Renew Europe), tried pushing for the exclusion of fossil fuels from the fund but they ended up being defeated when the bill came to a vote in the Parliament’s plenary. Contact us. And we thank you for your support. What to expect from the EU's special summit on foreign affairsHere's a look at the big foreign policy issues EU leaders are set to tackle as they sit down for talks in Brussels. help us innovate for the future. 4 * be based on social dialogue with all relevant parties, collective bargaining with workers and their unions and the monitoring of agreements which are public and legally enforceable. Photo courtesy of the Initiative Foundation. “Just transition plans are a first step to generate the confidence that people need for backing stru-ctural change.

0 shares: Share Tweet Save Post Send One News Page Knowledge: Other News Mentions European Union Economic and political union of European states. Hours before the European Commission announced higher climate objectives for 2030, the European Parliament voted to allow funding for fossil gas projects under the bloc’s flagship Just Transition Fund. “By allowing fossil gas in the fund, MEPs have condemned Europe’s fragile regions to decades more polluting energy,” added Raphael Hanoteaux, EU funds policy officer for CEE Bankwatch Network. Januar 2020 0:20. latest news. All Rights Reserved. Efficacité et Transparence des Acteurs Européens 1999-2018. Your financial support helps build the future of our network of newsrooms across Europe. We use cookies to ensure the best experience for you on our website.If you choose to ignore this message, we'll assume that you are happy to receive all cookies on ET EnergyWorld. Cuts to EU Just Transition Fund put pressure on fossil fuel phase-out. Brussels, 22.

“Unfortunately, there is no majority in the European Parliament to exclude the financing of investments in gas projects under the Just Transition Fund,” Canfin said in a statement.
Another war on the horizon in the Armenia – Azerbaijan conflict? The fund was initially designed to support the EU’s most fossil fuel-dependent regions in their transition to a low-carbon economy, while limiting the economic and social impacts. | | provides continuous support for our work enabling us to innovate. The Parliament’s position, voted on Tuesday evening (15 September), will now be transmitted to EU member states for a final round of negotiations over the shape and size of the new €17.5 billion fund. Your recurring monthly financial contributions help us innovate for the future. | The Just Transition Fund will now receive a combined 17.5 billion euros from the EU recovery fund and budget - down from the 37.5 billion euros set aside in a previous proposal. EURACTIV MEDIA NETWORK BV.
At the same time, readers support in the form of recurring monthly financial contributions provides continuous support for our work enabling us to innovate.