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This note is prepared in view of an ordinary public hearing with the Chair of the Single Resolution Board (SRB), Elke König, which will take place on 13 July 2022. During the hearing, the Chair of the SRB will notably address the institution’s 2021 annual report, published on 27 June 2022. This briefing also addresses the Sberbank resolution case, developments on MREL build-up and in relation to the Banking Union, and it presents a summary of some recent institutional policy papers relevant for ...

On 14 July 2021 the European Commission adopted the 'fit for 55' package, a set of legislative proposals to meet the new EU objective of a minimum 55 % reduction in greenhouse gas (GHG) emissions by 2030. The fit for 55 package is part of the Commission's European Green Deal, which aims to set the EU firmly on the path towards net zero GHG emissions (climate neutrality) by 2050. The fit for 55 package includes a regulation establishing a new social climate fund (SCF). The aim of the SCF is to help ...

Social climate fund

At a Glance 01-06-2022

As part of the 'fit for 55' package, the Commission has proposed the creation of a social climate fund (SCF) to compensate vulnerable households, micro-businesses and transport users for some of the costs of the green transition. The fund would be financed primarily through the extension of the EU emissions trading system to cover the buildings and transport sectors. Members will debate the SCF during the June I 2022 plenary session.

The Committee on Budgetary Control (CONT) organised a public hearing with the aim to get a better understanding about technical support and related challenges, especially concerning the areas of better administration, digitalisation and EU funds implementation. This briefing provided background information to this debate that took place 21 April 2022. It examines technical support as well as relevant technical assistance activities and provides a short insight into links between such support and ...

The Monthly Highlights publication provides an overview, at a glance, of the on-going work of the policy departments, including a selection of the latest and forthcoming publications, and a list of future events.

Draft amending budget 1/2022 (DAB 1/2022) aims to strengthen the 2022 EU budget with a transfer of over €12 billion in commitment appropriations from the 2021 EU budget. The transfer concerns eight funds under shared management under Headings 2a, 3, 4 and 5 of the multiannual financial framework (MFF). The MFF ceilings for 2022-2025 are further adjusted following the delay in adopting the legal bases.

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 ...

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 ...

This paper first presents key indicators on employment and poverty for Roma communities in Slovakia and reviews existing social and employment policies. Second, it discusses the situation of Roma children in education. Third, the paper presents achievements and lessons learned from the use of EU funds for marginalised communities and, finally, it reviews the work of other organisations in assessing the situation of Roma people in Slovakia.

Just Transition Fund

Briefing 20-09-2021

The EU aims to cut greenhouse gas emissions by at least 55 % by 2030 and achieve climate neutrality by 2050. This will require a socio-economic transformation in regions relying on fossil fuels and high-emission industries. As part of the European Green Deal, on 14 January 2020, the European Commission adopted a proposal for a regulation to create the Just Transition Fund, aimed at supporting EU regions most affected by the transition to a low carbon economy. In the context of recovery from the coronavirus ...