14 Amendments of Karin KARLSBRO related to 2020/0006(COD)
Amendment 126 #
Proposal for a regulation
Recital 7 a (new)
Recital 7 a (new)
(7a) Financial allocations from the JTF shall be conditional on the Member State having a commitment to a climate neutrality target in 2050 and an intermediate reduction target for 2030 in accordance with the Paris Agreement.
Amendment 129 #
Proposal for a regulation
Recital 8
Recital 8
(8) Transitioning to a climate-neutral economy is a challenge for all Member States. It will be particularly demanding for those Member States that rely heavily on fossil fuels or greenhouse gas intensive industrial activities which need to be phased out before 2050 or which need to adapt due to the transition towards climate neutrality and that lack the financial means to do so. The JTF should therefore cover all Member States, but the distribution of its financial means should reflect the capacity of Member States to finance the necessary investments to cope with the transition towards climate neutrality. Investments in bio-based circular economy is essential in order to reach the 2050 climate neutrality target. Such investments are expensive, and all Member States must be eligible for support regardless of their financial capacity.
Amendment 187 #
Proposal for a regulation
Recital 12
Recital 12
(12) In order to enhance the economic diversification of territories impacted by the transition, the JTF should provide support to productive investment in SMEs. Productive investment should be understood as investment in fixed capital or immaterial assets of enterprises in view of producing goods and services thereby contributing to gross-capital formation and employment. For enterprises other than SMEs, productive investments should only be supported if they are necessary for mitigating job losses resulting from the transition, by creating or protecting a significant number of jobs and they do not lead to or result from relocation. Investments in existing industrial facilities, including those covered by the Union Emissions Trading System, should be allowed if they contribute to the transition to a climate-neutral economy by 2050 and go substantially below the relevant benchmarks established for free allocation under Directive 2003/87/EC of the European Parliament and of the Council14 and if they result in the protection of a significant number of jobs. Any such investment should be justified accordingly in the relevant territorial just transition plan. These investments should be made in such a way as to rule out the possibility of windfall effects for the industrial facilities concerned, so that they do not take advantage of additional aid granted by the JTF to decarbonise their activities with a view to then selling their surplus emissions allowances, thus garnering windfall profits in addition to the financial aid from the JTF. In order to protect the integrity of the internal market and cohesion policy, support to undertakings should comply with Union State aid rules as set out in Articles 107 and 108 TFEU and, in particular, support to productive investments by enterprises other than SMEs should be limited to enterprises located in areas designated as assisted areas for the purposes of points (a) and (c) of Article 107(3) TFEU. _________________ 14Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC (OJ L 275, 25.10.2003, p. 32).
Amendment 227 #
Proposal for a regulation
Recital 16
Recital 16
(16) In order to enhance the result orientation of the use of JTF resources, and enhance the impact of the JTF as a key legislate piece of the Green Deal, the Commission, in line with the principle of proportionality, should be able to apply financial corrections in case of serious underachievement of targets established for the JTF specific objective.
Amendment 250 #
Proposal for a regulation
Article 1 – paragraph 1
Article 1 – paragraph 1
1. This Regulation establishes the Just Transition Fund (‘JTF’) to provide support to territories facing serious socio-economic challenges deriving from the transition process towards a climate-neutral economy of the Union by 2050 and the Union’s 2030 target.
Amendment 274 #
Proposal for a regulation
Article 3 – paragraph 1
Article 3 – paragraph 1
1. The JTF shall support the Investment for jobs and growth goal in all Member States. provided that national objectives of climate neutrality by 2050 have been established. Furthermore, Member States must establish intermediate targets for 2030 in accordance with the Paris Agreement.
Amendment 285 #
Proposal for a regulation
Article 3 – paragraph 2 – subparagraph 1
Article 3 – paragraph 2 – subparagraph 1
The resources for the JTF under the Investment for jobs and growth goal available for budgetary commitment for the period 2021-2027 shall be EUR 7.5 billion in 2018 prices, which may be increased, as the case may be, by additional resources allocated in the Union budget, and by other resources in accordance with the applicable basic act, on the condition that an impact assessment by the Commission deems it necessary.
Amendment 396 #
Proposal for a regulation
Article 4 – paragraph 2 – subparagraph 1 – point f
Article 4 – paragraph 2 – subparagraph 1 – point f
(f) investments in regeneration and decontamination of sites, land restoration and repurposing projects; in accordance with “the polluter pays” principle.
Amendment 404 #
Proposal for a regulation
Article 4 – paragraph 2 – subparagraph 1 – point g
Article 4 – paragraph 2 – subparagraph 1 – point g
(g) investments in enhancingstablishing and enhancing the bio economy and the circular economy, including through waste prevention, reduction, resource efficiency, reuse, repair and recycling;
Amendment 455 #
Proposal for a regulation
Article 4 – paragraph 2 – subparagraph 3
Article 4 – paragraph 2 – subparagraph 3
The JTF may also support investments to achieve the reduction of greenhouse gas emissions from activities listed in Annex I to Directive 2003/87/EC of the European Parliament and of the Council provided that such investments have been approved as part of the territorial just transition plan based on the information required under point (i) of Article 7(2). Such investments shall only be eligible where they are necessary for the implementation of the territorial just transition plan and do not, by virtue of windfall effects, merely add to the profits which industrial facilities can obtain under the ETS.
Amendment 521 #
Proposal for a regulation
Article 6 – paragraph 1 – subparagraph 2
Article 6 – paragraph 1 – subparagraph 2
The Commission shall only approve a programme where the identification of the territories most negatively affected by the transition process, contained within the relevant territorial just transition plan, is duly justified and the relevant territorial just transition plan is consistent with the National Energy and Climate Plan of the Member State concerned and the Paris Agreement.
Amendment 554 #
Proposal for a regulation
Article 7 – paragraph 2 – point a
Article 7 – paragraph 2 – point a
(a) a description of the transition process at national level towards a climate- neutral economy in 2050 at the latest, including a timeline for key transition steps which are consistent with the latest version of the National Energy and Climate Plan (‘NECP’); and the Paris Agreement.
Amendment 615 #
Proposal for a regulation
Article 9 – paragraph 1
Article 9 – paragraph 1
Where the Commission concludes, based on the examination of the final performance report of the programme, that there is a failure to achieve at least 675% of the target established for one or more output or result indicators for the JTF resources, it may make financial corrections pursuant to Article [98] of Regulation (EU) [new CPR] by reducing the support from the JTF to the priority concerned in proportion to the achievements.
Amendment 619 #
Proposal for a regulation
Article 9 – paragraph 1 a (new)
Article 9 – paragraph 1 a (new)
The mid-term review exercise referred to in Article 7(4) shall evaluate movement towards the net zero emissions target for 2050 and the intermediate targets for 2030. Insufficient progress in the reduction of the greenhouse gas emissions, as established by that mid-term review exercise, shall imply reductions in JTF support.