Activities of Petros KOKKALIS related to 2020/0100(COD)
Plenary speeches (1)
Public sector loan facility under the Just Transition Mechanism (debate)
Shadow reports (1)
REPORT on the proposal for a regulation of the European Parliament and of the Council on the public sector loan facility under the Just Transition Mechanism
Amendments (8)
Amendment 34 #
Proposal for a regulation
Recital 1
Recital 1
(1) The Commission adopted a Communication on the European Green Deal on 11 December 20199 , drawing its roadmap towards a new growth policy for Europe and setting ambitious objectives to counter climate change and for environmental protection. In line with the objective to achieve climate neutrality in the Union by 2050 at the latest in an effective and fair manner, the European Green Deal announced a Just Transition Mechanism to provide meansfinancial means and knowledge for facing the climate challengerisis while leaving no one behind. The most vulnerable regions and people are the most exposed to the harmful effects of climate change and environmental degradation. At the same time, managing the transition requires significant structural changes both at regional and national level. _________________ 9 COM(2019) 640 final.
Amendment 51 #
Proposal for a regulation
Recital 4
Recital 4
(4) A public sector loan facility (the ‘Facility’) should be provided. It constitutes the third pillar of the Just Transition Mechanism, supporting public sector entities in their investments. Such investments should meet the development needs resulting from the social and economic transition challenges described in the territorial just transition plans as adopted by the Commission after meaningful consultation with all relevant stakeholders at regional level. The activities envisaged for support should be consistent with and complement those supported under the other two pillars of the Just Transition Mechanism.
Amendment 60 #
Proposal for a regulation
Recital 5
Recital 5
(5) In order to enhance the regional cohesion and economic diversification of territories impacted by the transition, the Facility should cover a wide range of sustainable investments, on condition that they contribute to meet the development needs in the transition towards a climate neutral economy, as described in the territorial just transition plans. The investments supported may covershould exclude fossil fuels and should cover renewable energy and transport infrastructure, district heating networks only for coal regions in transition, green mobility, smart waste management, clean energy and energy efficiency measures including renovations and conversions of buildings, support to transition to a circular economy, land restoration and decontamination, as well as up- and re-skilling, training and social infrastructure, including social housing. Infrastructure developments may also include solutions leading to their enhanced resilience to withstand disasters. Comprehensive investment approach in accordance with the "do not harm" principle should be favoured in particular for territories with important transition needs. Investments in other sectors could also be supported if they are consistent with the adopted territorial just transition plans. By supporting investments that do not generate sufficient revenues, the Facility aims at providing public sector entities with additional resources necessary to address the social, economic and environmental challenges resulting from the adjustment to climate transition. In order to help identify investments with a high positive environmental impact eligible under the Facility, the EU taxonomy on environmentally sustainable economic activities mayshould be used.
Amendment 106 #
Proposal for a regulation
Recital 14
Recital 14
(14) Specific eligibility conditions and award criteria should be set out in the work programme and the call for proposals. Those eligibility conditions and award criteria should take into account the relevance of the project in the context of the development needs described in the territorial just transition plans, the overall objective of promoting regional and territorial convergencehesion and the significance of the grant component for the viability of the project. Union Support established by this Regulation should thus only be made available to Member States with at least one territorial just transition plan adopted. The work programme and calls for proposals will also take into account the territorial just transition plans submitted by Member States to ensure that coherence and consistency across the different pillars of the mechanism is ensured.
Amendment 137 #
Proposal for a regulation
Article 1 – paragraph 2
Article 1 – paragraph 2
The Facility shall provide support benefitting Union territories facing serious social, environmental and economic challenges deriving from the transition process towards a climate-neutral economy of the Union by 2050 at the latest.
Amendment 146 #
Proposal for a regulation
Article 2 – paragraph 1 – point 5
Article 2 – paragraph 1 – point 5
5. 'territorial just transition plan' means a plan established in accordance with Article 7 of Regulation [JTF Regulation] prepared by the Member States, together with the relevant local and regional authorities and stakeholders after meaningful consultation of the territories concerned and approved by the Commission;
Amendment 162 #
Proposal for a regulation
Article 3 – paragraph 2
Article 3 – paragraph 2
2. The Facility shall have the specific objective of increasing public sector investments, which address the development needs of regions identified in the territorial just transition plans, and the promotion of regional cohesion by facilitating the financing of projects that do not generate a sufficient stream of own revenues and would not be financed without the element of grant support from the Union budget.
Amendment 204 #
Proposal for a regulation
Article 8 – paragraph 1 – point a
Article 8 – paragraph 1 – point a
(a) the projects achieve measurable impact in addressing serious social, economic or environmental challenges deriving from the transition process towards a climate-neutral economy in the Union by 2050 at the latest in line with the Paris Agreement objectives of limiting the rise in global temperature below than 1,5C and benefit territories identified in a territorial just transition plan, even if they are not located in those territories;