Activities of Claude TURMES related to 2016/2064(INI)
Shadow opinions (1)
OPINION on the implementation of the European Fund for Strategic Investments
Amendments (8)
Amendment 2 #
Draft opinion
Paragraph 1
Paragraph 1
1. Welcomes the investment mobilised by EFSI to date, which amounts to EUR 169.9 billion and accounts for 52 % of the total target investment to be mobilised by 2018, underlines however that that the primary aim of EFSI is to support projects that provide European citizen with long-term environmental and societal benefits such as high quality long-term jobs and public infrastructure; therefore wants to support projects that provide this genuine additionality and quality rather than maximizing leverage factors or investment speed and volumes;
Amendment 22 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Regrets that - despite the positive experiences with energy efficiency investments and their added multiple values in terms of local job creation, competitiveness, growth stimulation, achieving climate goals and reduced energy poverty, energy efficiency only amounts to 7% of the EFSI investment so far; therefore calls on the EFSI revision to earmark part of the guarantee for energy efficiency projects;
Amendment 31 #
Draft opinion
Paragraph 4
Paragraph 4
4. Notes that, according to the EY 2016 independent evaluation, EU-15 received over 90 % of EFSI support and the 13 new Member States received about 9 %; recalls that three Member States should not account for more than 45 % of total EFSI funding and therefore calls on the EFSI Steering Board to continuously monitor sectoral and geographical spread and to actively promote balance;
Amendment 44 #
Draft opinion
Paragraph 6
Paragraph 6
6. Notes that 31 % of the EFSI funding was used for SMEs, 22 % for energy projects, 21 % for RDI and 10 % for the digital sector; regrets, however, the lack of information regarding the additionality of the projects funded, as well as the detailed scoreboard assessment; reminds that the scoreboard was intended to be a helpful decision making tool and requests its early publication once a project evaluation has been made;
Amendment 59 #
Draft opinion
Paragraph 7
Paragraph 7
7. Stresses the need to revise the current definition of additionality by adding new factors; recalls that the current regulation enabled the possibility of projects with lower-than-minimum risk than EIB Special Activitielong-term societal and environmental benefits;
Amendment 84 #
Draft opinion
Paragraph 9
Paragraph 9
9. Calls on the Advisory Hub to collaborate with the appropriate national institutions in order to achieve more balanced geographical and sectorial coverage; calls on the EIB to strengthen its advisory capacity and to enhance communication and dissemination efforts to increase the uptake of EFSI in all Member States and regions; Calls on the Advisory Hub to envisage the establishment of decentralised regional clusters in order to better adapt to the specificities of a given sector or region, such as energy efficiency in South- Eastern Europe.
Amendment 94 #
Draft opinion
Paragraph 10 a (new)
Paragraph 10 a (new)
10a. Underlines that EU investments must ensure policy coherence with the ratification of the Paris Agreement and its climate targets; therefore requires that EFSI should concentrate on sustainable investment projects that do create long- term societal and environmental benefits and must not support fossil fuel infrastructure such as gas pipelines or other heavy carbon infrastructure such as airports or motorways;
Amendment 111 #
Draft opinion
Paragraph 13
Paragraph 13
13. Is of the opinion that further evaluation of the original EFSI regulation would have been desirable before the adoption of the proposed EFSI extension, as also pointed out by the European Court of Auditors 1a; hopes that the conclusions of this report will be duly taken into consideration in the final elaboration of EFSI II Regulation. __________________ 1aEuropean Court of Auditors Opinion No 2/2016: EFSI: an early proposal to extend and expand http://www.eca.europa.eu/en/Pages/DocIt em.aspx?did=39677