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The public sector loan facility (PSLF) is the third pillar of the Just Transition Mechanism (JTM), along with the Just Transition Fund and just transition scheme under Invest EU. The facility consists of a grant and a loan component. With the contribution of €1.525 billion for the grant component from the Union budget (including assigned revenues) and EIB lending of €10 billion from its own resources, the aim is for the public sector loan facility to mobilise between €25 and 30 billion in public ...

The level playing-field (LPF) provisions of the Trade and Cooperation Agreement (TCA) between the European Union (EU) and the United Kingdom (UK) constitute a key part of the agreement, and are the product of some of the more challenging issues in the negotiations. The LPF provisions seek to safeguard fair competition between the parties. A notable component are the rules on social provisions, labour, environment and climate change, often referred to as the 'trade and sustainable development' (TSD ...

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 ...

European climate law

Briefing 31-08-2021

On 4 March 2020, the European Commission adopted a legislative proposal for a European climate law, setting the objective for the EU to become climate-neutral by 2050 and establishing a framework for achieving that objective. On 17 September 2020, the Commission amended the proposal to introduce the updated 2030 climate target of a net reduction of at least 55 % of the EU's greenhouse gas (GHG) emissions compared to 1990 levels. In the European Parliament, the proposal was referred to the Committee ...

The EU binding climate and energy legislation for 2030 requires Member States to adopt national energy and climate plans (NECPs) covering the period 2021 to 2030. In October 2020, the European Commission published an assessment for each NECP. The Netherlands submitted its NECP in November 2019. A high proportion of Dutch people (73 %) expect national governments to tackle climate. The Netherlands accounts for 5.2 % of total EU greenhouse gas (GHG) emissions and has reduced its emissions at a slower ...

The EU's binding climate and energy legislation for 2030 requires Member States to adopt national energy and climate plans (NECPs) for the 2021-2030 period. In October 2020, the European Commission published an assessment for each NECP. Finland's final NECP is from December 2019. A high proportion of Finns (61 %) expect national governments to tackle climate change. Finland generates 1.5 % of the EU's total greenhouse gas (GHG) emissions and has reduced emissions at a faster pace than the EU average ...

This paper has been produced by the European Parliamentary Research Service (EPRS) to assist the ITRE committee in its work on the implementation report on the Energy Performance of Buildings Directive (EPBD) as part of the Fit for 55 package. It aims to provide a succinct overview of publicly available material on the implementation, application and effectiveness to date of the EPBD, drawing input from EU institutions and bodies and from external organisations. It takes a thematic approach with ...

This paper gives an initial overview of the market structure in a revised EU ETS for the European aviation and maritime sectors. Key design options like the scheme’s geographical scope, the baseline year(s), cap and allocation of allowances, and – in the case of aviation – the relationship with CORSIA, can have impacts on the competitive situation of EU carriers and vessels. This is the first stage in the research project focusing on the implementation and socio-economic perspectives related to the ...

Monthly Highlights Newsletter - July 2021

Rövid áttekintés 01-07-2021

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.

Revision of the TEN-T Regulation

Briefing 30-06-2021

Regulation (EU) 1315/2013 (the Trans-European Transport Network (TEN-T) Regulation), has shaped EU transport infrastructure policy by strengthening the network approach. It has furthermore established guidelines for national and EU investment in transport infrastructure, and introduced targeted funding under the Connecting Europe Facility and other relevant EU schemes. In the context of new technological and social challenges and new policy approaches, the TEN-T Regulation needs to better address ...