729

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Amending the European Fund for Sustainable Development

19-10-2020

The EU is in the process of adapting its budgetary instruments to respond to the consequences of the coronavirus crisis, in particular in raising the established ceilings for some financial instruments. The proposed adjustments include, among other things, measures aimed at helping the most fragile third countries recover from the consequences of the pandemic. In particular, on 28 May 2020, the European Commission put forward a proposal concerning the European Fund for Sustainable Development (EFSD ...

The EU is in the process of adapting its budgetary instruments to respond to the consequences of the coronavirus crisis, in particular in raising the established ceilings for some financial instruments. The proposed adjustments include, among other things, measures aimed at helping the most fragile third countries recover from the consequences of the pandemic. In particular, on 28 May 2020, the European Commission put forward a proposal concerning the European Fund for Sustainable Development (EFSD) in order to expand its coverage and raise the funds dedicated to leverage private investment for sustainable development and the guarantees to de-risk such investment. On 21 July 2020, the European Council rejected the draft amending budget that would have provided increased EFSD funding for the current year.

CAP amending regulation (CMO)

14-10-2020

The 'amending regulation' is part of a set of three legislative proposals presented by the European Commission with the aim of reshaping and modernising the EU's common agricultural policy (CAP) for 2021 to 2027. It introduces changes to five regulations, including regarding the single common market organisation (CMO). Based on the work of the European Parliament's Committee on Agriculture and Rural Development (AGRI) during the previous legislative term, Parliament is expected to debate the framework ...

The 'amending regulation' is part of a set of three legislative proposals presented by the European Commission with the aim of reshaping and modernising the EU's common agricultural policy (CAP) for 2021 to 2027. It introduces changes to five regulations, including regarding the single common market organisation (CMO). Based on the work of the European Parliament's Committee on Agriculture and Rural Development (AGRI) during the previous legislative term, Parliament is expected to debate the framework during the October II plenary session and adopt its position for negotiations with the Council.

CAP strategic plans

14-10-2020

The European Commission adopted three legislative proposals on the future of the common agricultural policy (CAP) on 1 June 2018. One of the three proposals includes a regulation on CAP strategic plans. While the CAP retains its two-pillar structure, (Pillar I, agricultural income and market support, Pillar II rural development), interventions under both will be combined in one strategic plan for all CAP expenditure. Each Member State will be required to develop a strategic plan, setting out their ...

The European Commission adopted three legislative proposals on the future of the common agricultural policy (CAP) on 1 June 2018. One of the three proposals includes a regulation on CAP strategic plans. While the CAP retains its two-pillar structure, (Pillar I, agricultural income and market support, Pillar II rural development), interventions under both will be combined in one strategic plan for all CAP expenditure. Each Member State will be required to develop a strategic plan, setting out their proposed interventions. The CAP proposals package is scheduled for debate and vote during the October II plenary session.

Financial management of the future CAP

14-10-2020

In the context of the future EU multiannual budget, the European Commission put forward a proposal on the financing, management and monitoring of EU farm policy on 1 June 2018, as part of a CAP reform package of three legislative proposals. Since then, discussions have highlighted the need to maintain at least the current level of agricultural expenditure, as well as to simplify the procedures while adapting them to the future CAP delivery model. The CAP proposals are scheduled for debate and vote ...

In the context of the future EU multiannual budget, the European Commission put forward a proposal on the financing, management and monitoring of EU farm policy on 1 June 2018, as part of a CAP reform package of three legislative proposals. Since then, discussions have highlighted the need to maintain at least the current level of agricultural expenditure, as well as to simplify the procedures while adapting them to the future CAP delivery model. The CAP proposals are scheduled for debate and vote during the October II plenary session.

Digital Services Act

14-10-2020

Parliament is due to vote during the October II plenary session on three reports from the Committees on Internal Market and Consumer Protection, Legal Affairs, and Civil Liberties, Justice and Home Affairs setting out the Parliament’s initial position on the revision of the EU framework for online services ahead of the Commission's expected proposal of a Digital Services Act package.

Parliament is due to vote during the October II plenary session on three reports from the Committees on Internal Market and Consumer Protection, Legal Affairs, and Civil Liberties, Justice and Home Affairs setting out the Parliament’s initial position on the revision of the EU framework for online services ahead of the Commission's expected proposal of a Digital Services Act package.

A Just Transition Fund for climate-neutral EU regions

13-10-2020

The EU aims to cut greenhouse gas emissions by at least 55 % by 2030, and achieve climate neutrality by 2050. The transition to clean energy will be a challenge for those regions highly dependent on fossil fuels and high-emission industries, in particular regions with a high level of employment in the coal sector. The new Just Transition Fund, complementing the existing cohesion policy funds, will provide support to address the social, economic and environmental impacts of the transition in the most ...

The EU aims to cut greenhouse gas emissions by at least 55 % by 2030, and achieve climate neutrality by 2050. The transition to clean energy will be a challenge for those regions highly dependent on fossil fuels and high-emission industries, in particular regions with a high level of employment in the coal sector. The new Just Transition Fund, complementing the existing cohesion policy funds, will provide support to address the social, economic and environmental impacts of the transition in the most affected territories. This paper looks at the new fund and its allocation mechanism; it focuses on the EU coal industry and the potential for clean energy solutions in a selection of coal regions; and finally, it gives an overview of the level of greenhouse gas emissions in the EU by NUTS2 region.

Just Transition Fund

13-10-2020

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 ...

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 pandemic, an amended proposal on the Just Transition Fund (JTF) was published on 28 May 2020, increasingly the previously proposed JTF budget from €7.5 to €40 billion (in 2018 prices, with €10 billion under the core EU budget and €30 billion from Next Generation EU). The European Council cut the core budget part to €7.5 billion and Next Generation EU part to €10 billion in July 2020, while the European Parliament proposed an increase of the core budget resources to over €25 billion in September 2020. Funding will be available to all Member States, while focusing on regions with the biggest transition challenges. The proposed budget for the Just Transition Fund is to be complemented with resources from cohesion policy funds and national co financing. The Fund will be part of a Just Transition Mechanism, which also includes resources under InvestEU and a public-sector loan facility. The Commission expects total funding mobilised under the mechanism to reach at least €150 billion. In the European Parliament, the file has been entrusted to the Committee on Regional Development (REGI). The REGI committee voted on its report on 6 July, and the Parliament subsequently adopted its amendments on 17 September 2020, fixing its position for trilogue negotiations. Third edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

European Maritime and Fisheries Fund 2021-2027

06-10-2020

As part of the next EU budget framework for the 2021-2027 period, the European Commission proposed a new regulation on the European Maritime and Fisheries Fund (EMFF) in order to continue the support to the common fisheries policy and the integrated maritime policy. The new fund would give the Member States more flexibility in the implementation of the priorities. Small-scale coastal fisheries and outermost regions would receive greater preferential treatment. Support for permanent cessation and ...

As part of the next EU budget framework for the 2021-2027 period, the European Commission proposed a new regulation on the European Maritime and Fisheries Fund (EMFF) in order to continue the support to the common fisheries policy and the integrated maritime policy. The new fund would give the Member States more flexibility in the implementation of the priorities. Small-scale coastal fisheries and outermost regions would receive greater preferential treatment. Support for permanent cessation and temporary cessation would be supported under strict conditions. It further proposes increased support for international ocean governance and stronger synergies with other EU policies. The fund is also expected to contribute to the development of the blue economy and support the EU's climate objectives. In reaction to the coronavirus crisis, the Commission published in May 2020 a revised multiannual financial framework proposal, significantly reducing the budget cut for the EMFF as compared to its initial proposal. Both Parliament and Council have agreed positions on the proposal, and trilogue negotiations started in November 2019. An important area of discussion is subsidies to fishing vessels, on which both co-legislators want to go further than the Commission proposal. The next trilogue meeting is scheduled for 29 October 2020. Fourth edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure

Own resources of the European Union: Reforming the EU's financing system

06-10-2020

In July 2020, the European Council reached political agreement on the reform of the own resources system that finances the EU budget, in the context of a package including the new multiannual financial framework (MFF) and the Next Generation EU (NGEU) recovery instrument. The agreed increase in the maximum level of resources that can be called from Member States is a pre-condition for NGEU borrowing operations. The Council’s adoption of the own resources decision, translating the deal on the revenue ...

In July 2020, the European Council reached political agreement on the reform of the own resources system that finances the EU budget, in the context of a package including the new multiannual financial framework (MFF) and the Next Generation EU (NGEU) recovery instrument. The agreed increase in the maximum level of resources that can be called from Member States is a pre-condition for NGEU borrowing operations. The Council’s adoption of the own resources decision, translating the deal on the revenue side of the EU budget into a legal text, must be preceded by Parliament’s legislative opinion and followed by the ratification of the decision by all Member States. Parliament fast-tracked its legislative opinion, adopted in September 2020, to enable the Council to ensure the timely launch of NGEU. Parliament has repeatedly stressed that it will not give its consent to the MFF without proper reform of the financing system, and negotiations continue on the rest of the package. Notably, Parliament underlines that the introduction of a basket of new own resources should cover at least the repayment costs of NGEU. Deeming the new plastics contribution a first partial step in this direction, Parliament intends to negotiate a legally binding calendar on the introduction of five additional new own resources, linked to EU policies on climate and the single market. Second edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

Transitional provisions for the CAP post 2020

01-10-2020

On 31 October 2019, the European Commission adopted a legislative package aimed at ensuring the continuation of the current common agricultural policy (CAP) until the legislation on the post 2020 CAP is in force. The package includes a proposal for a CAP transitional regulation setting out a number of adjustments to current CAP regulations, concerning their applicability beyond 2020 with new financial allocations. This proposal introduces transitional provisions and amendments that are necessary ...

On 31 October 2019, the European Commission adopted a legislative package aimed at ensuring the continuation of the current common agricultural policy (CAP) until the legislation on the post 2020 CAP is in force. The package includes a proposal for a CAP transitional regulation setting out a number of adjustments to current CAP regulations, concerning their applicability beyond 2020 with new financial allocations. This proposal introduces transitional provisions and amendments that are necessary to ensure the continuity of the CAP through a one year transitional period ending on 31 December 2021 and to smooth the passage to the new policy framework envisaged by the post 2020 CAP proposals. It concerns all the basic acts which regulate how the CAP now works. Second edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

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