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Securing the EU's supply of critical raw materials

Εν συντομία 07-07-2022

Critical raw materials are essential to sustain Europe's economic and environmental ambitions. As geoeconomic aggression and geopolitical tensions rise, the EU is re-thinking its reliance on certain imports. Can the EU secure its supply of critical materials?

This study provides an overview of the EFSD+, a core part of the NDICI-Global Europe Instrument. The study situates the EFSD+ in the context of previous EU experiences with the use of blended finance and guarantees to address external action objectives, focusing on the EIB’s External Lending Mandate (ELM) and the European Fund for Sustainable Development (EFSD). The study examines key challenges related to the accountability and performance of these instruments to inform oversight of EFSD+ implementation ...

Tourism plays an enormously important role in the EU economy and society. It generates foreign exchange, supports jobs and businesses, and drives forward local development and cultural exchanges. It also makes places more attractive, not only as destinations to visit but also as locations to live, work, invest and study. Furthermore, as tourism is closely linked with many other sectors – particularly transport – it also affects the wider economy. The coronavirus pandemic has hit the tourism sector ...

Plenary round-up – July 2021

Εν συντομία 09-07-2021

During the July 2021 plenary session in Strasbourg, Parliament continued to debate and adopt Multiannual Financial Framework programmes for 2021-2027, this time finalising programmes in the justice and home affairs, fisheries and infrastructure areas. Debates on a number of Council and Commission statements were held, including on the programme of activities of the Slovenian Council Presidency, on the conclusions of the European Council meeting of 24-25 June 2021, on the Commission’s 2022 work programme ...

During its July plenary session, Parliament is set to discuss the Committee on Budgetary Control's report on the control of the European Investment Bank's financial activities in 2019. The report highlights the role of the Bank in financing the European Green Deal, and its gradual shift towards being 'the EU Climate Bank'. It also looks into the implementation of the European Fund for Strategic Investments (EFSI) and the Bank's external operations, among other things. As last year, the report strongly ...

Plenary round-up – Brussels, July 2020

Εν συντομία 13-07-2020

The July 2020 plenary session was the fifth conducted with Members participating remotely, using the alternative voting procedure put in place in March by Parliament's Bureau, although a majority were present in Brussels. During this session a number of Council and European Commission statements were debated, with the presentation of the programme of activities of the German Presidency a highlight. Members also debated the conclusions of the European Council meeting of 19 June and preparation of ...

During its July plenary session, the European Parliament is set to discuss the Committee on Budgetary Control’s report on the control of the European Investment Bank's financial activities for 2018. Among other things, the report highlights the role of the Bank in financing the European Green Deal, the Just Transition Fund, and its future shift towards becoming 'the EU Climate Bank'. The report also stresses the need for more effectiveness and synergies when it comes to the European Fund for Strategic ...

During its July plenary session, Parliament is scheduled to vote on the 2019 report on the European Investment Bank's financial activities, drafted by the Committee on Budgets. Among other things, the report highlights the need for the bank to put more focus on climate, digitalisation and just transition; further invest in the EU and beyond; provide continuous support for small and medium-sized enterprises (SMEs) and mid-cap firms; and ensure better governance and increased transparency.

The ESM and the EIB: comparison of some features

Λεπτομερής ανάλυση 07-04-2020

This paper presents in a tabular format the main characteristics of the European Stability Mechanism and the European Investment Bank. Both institutions collect funds on capital markets. The ESM provides loans to Member States, while the EIB provides loans and venture capital to private and public institutions. Both institutions have been called on to take initiatives in the context of EU reaction to the economic crisis due to the Covid-19 pandemic.

Just transition in EU regions

Εν συντομία 28-01-2020

The EU plans to cut greenhouse gas emissions by at least 50 % by 2030, and to achieve climate neutrality by 2050. This will require a socio-economic transformation in regions relying on fossil fuels and carbon-intensive industries. As part of the European Green Deal, the new Commission has announced a 'Just Transition Mechanism' of €100 billion to support the territories most affected by the transition towards climate neutrality.