Cohesion Policy: Inputs to deliver energy savings and long-term resilience

Energy efficiency gains are essential to reach the European Union increased emission reduction target by 2030 and climate neutrality by 2050. The EU cohesion policy programming for 2021-2027 can greatly contribute to promoting the uptake of energy efficient measures, making sure that no region or city is left behind in the transition to a clean and sustainable economy.

The current decade will be crucial for the European Union and its Member States to deliver on the EU higher energy and climate targets by 2030 and reach climate neutrality by 2050.

The EU Cohesion Policy programming for the period 2021-2027 can greatly contribute to these efforts and make sure that no European region and city is left behind in the transition to a clean and sustainable economy.

From an energy and climate point of view, it is key that Cohesion funding resources are allocated wisely and timely with the goal to boost sustainable economic growth, while delivering energy savings across sectors and the full decarbonisation of our society.
 

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Higher EU emissions cut for 2030 is right signal for a green recovery

On Wednesday 16 September, during her State of the Union speech, EU Commission President Ursula von der Leyen announced the plan to propose an increased GHG emissions reduction target of at least 55% by 2030 against 1990 levels.

The European Alliance to Save Energy (EU-ASE) welcomes this decision, which comes at a crucial time for implementing the Paris Agreement and contributes to keeping the EU on the path to become climate neutral by 2050.

Monica Frassoni, President of the European Alliance to Save Energy, said:

“We very much welcome the proposal for an updated GHG emissions reduction target of at least 55% by 2030. This is the right signal in favour of a green recovery. We now expect that this move is quickly followed by the decision to adapt and make binding the targets for energy efficiency and review the EED. Energy efficiency needs to be more clearly recognized as a catalyst for the decarbonisation of our energy system.”

Harry Verhaar, Chair of the Board of the European Alliance to Save Energy, said:

“The Commission’s proposal to increase the climate target to 55% for 2030 is excellent news. Such a move is crucial in helping deliver the economic transformation required for building a prosperous, resilient and climate neutral economy and ensure that we are on track to reach Europe’s goal to become carbon-neutral by 2050 at the latest. From a business perspective this decision means: long term certainty to plan investments in growing markets, and an unprecedented boost to green, digital and high-skilled jobs relevant for Europe’s citizens and future.”

About EU-ASE

The European Alliance to Save Energy (EU-ASE) was established in December 2010 by some of Europe’s leading multinational companies. The Alliance creates a platform from which companies can ensure that the voice of energy efficiency is heard from across the business and political community. EU-ASE members have operations across the 27 Member States of the European Union, employ over 340.000 people in Europe and have an aggregated annual turnover of €115 billion.

Media contact:

Matteo Guidi
+32 493 37 21 42
matteo.guidi@euase.eu

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EU summit deal is good news for Europe’s recovery, but clearer rules are needed on climate conditionality

On Tuesday 21 July, after one of the longest summits in the European Union’s history EU Heads of State and Government stroke a deal on the recovery plan and multiannual financial framework (MFF) for 2021-2027.

The European Alliance to Save Energy (EU-ASE) welcomes this historic result at a time when it is crucial to ensure Europe’s swift socio-economic recovery in the aftermath of the Covid-19 pandemic.

The recovery plan is a unique opportunity to address – in the long term – the devastating impact of climate change on our societies. The overall climate earmarking for both the Next Generation EU and the MFF was increased from 25% to 30%. Expenditures will have to be aligned with the objective to reach climate neutrality by 2050 and contribute to achieving the Union’s new 2030 climate targets, which will be updated by the end of the year. Moreover, the Council agreed that, as a general principle, all EU expenditure should be consistent with the Paris Agreement objectives and the “do no harm” principle.

While welcoming the new instruments and targets, EU-ASE regrets the heavy cuts to the Just Transition Fund and the InvestEU programmes, both very relevant to ensure a smooth transition to a climate neutral society.

Monica Frassoni, president of the European Alliance to Save Energy said: The increase in the climate earmarking, as well as the references to the Paris Agreement and Sustainable Development Goals are good signs. Moving forward, we need to further increase the percentage of climate mainstreaming and need clearer rules, including a stringent definition of harmful activities, to ensure that no EU-backed spending is directed to investments at odds with the climate neutrality goal.”

We hope that the European Parliament will call for higher climate ambition. EU-ASE looks forward to working with the Parliament and Member States to make sure that the overall green commitment is reflected in the relevant sectoral legislations and in the national Recovery and Resilience plans.”

The businesses represented in EU-ASE stress that energy efficiency must be prioritised across key sectors (buildings, industry, transport, ICT) and the ‘energy efficiency first’ principle should guide energy investments in view of the proven economic and social benefits of efficiency measures both in the short and longer term.

 

About EU-ASE
The European Alliance to Save Energy (EU-ASE) was established in December 2010 by some of Europe’s leading multinational companies. The Alliance creates a platform from which companies can ensure that the voice of energy efficiency is heard from across the business and political community. EU-ASE members have operations across the 27 Member States of the European Union, employ over 340.000 people in Europe and have an aggregated annual turnover of €115 billion.

Media contact:
Matteo Guidi
+32 493 37 21 42
matteo.guidi@euase.eu

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