Activities of Pär HOLMGREN related to 2020/2058(INI)
Shadow opinions (1)
OPINION on the Sustainable Europe Investment Plan – How to finance the Green Deal
Amendments (16)
Amendment 1 #
Draft opinion
Paragraph 1
Paragraph 1
1. Welcomes the Commission communication on the Sustainable Europe Investment Plan (COM(2020)0021), which aims to enable a just and well-managed transition towards a resilient and sustainable society; emphasises that it is imperative that the EU achieve the revised 2030 anboth public and private sustainable financing will play a key role for the Union and Member States to achieve the ambition set out in the European Green Deal and in particular the increased 20530 climate and biodiversity goals and reach its commitments under the Paris Agreementenergy targets and the climate-neutrality objective, as well as their commitments under the Paris Agreement, the UN Convention on Biological Diversity and the UN SDGs, based on the best available science;
Amendment 26 #
Draft opinion
Paragraph 2
Paragraph 2
2. Expects a new, unprecedented MFF, endowed with fresh money, and enhanced and new EU own resourcTakes note of the new MFF proposals in the context of the EU Recovery & Resilience package; welcomes the support for introducing new Green EU own resources and urges the Commission to present such proposals without delay; believes an ambitious MFF should be at the heart of the green transition towards a climate-neutral, socially and environmentally resilient, gender-balanced and inclusive economy; deplores, to be at the heart of the green transitionhe fact that the Commission did not seize the opportunity to build on the support of the Council to increase the climate-spending target and to introduce a separate biodiversity-spending target as requested by the European Parliament;
Amendment 36 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
Amendment 43 #
Draft opinion
Paragraph 2 b (new)
Paragraph 2 b (new)
2b. Welcomes the Commission’s commitment to put the European Green Deal at the core of the recovery; insists that national recovery and resilience plans should clearly demonstrate their compatibility with the objective of limiting the global temperature increase to 1.5°C above pre-industrial levels, and their contribution to ensuring the well-being of all within planetary boundaries; insists that the European Parliament be fully involved in the governance and evaluation of the Recovery and Resilience Plans;
Amendment 47 #
Draft opinion
Paragraph 2 c (new)
Paragraph 2 c (new)
2c. Reminds the Union and all Member States of their international commitment to phase out fossil fuel subsidies as soon as possible and by 2025 at the latest; believes that a reformed European Semester starting in 2021 should include this objective as a short- term priority;
Amendment 49 #
Draft opinion
Paragraph 2 d (new)
Paragraph 2 d (new)
2d. Stresses that reducing our impact on wildlife and protecting and restoring biodiversity could help us prevent the emergence of a new zoonotic disease like Covid-19; believes that, in order to strengthen the resilience of our societies, the Union and the Member States should substantially increase public funding for nature and ensure recovery and resilience plans and measures are subject to an ambitious binding “do no harm” test;
Amendment 60 #
Draft opinion
Paragraph 3
Paragraph 3
3. Commits to a just recovery from the coronavirus crisis that ensures that taxpayers’ money is invested in the future, not the past; that conditions fiscal expansion to drive the shift to a green economy and make societies and people more resilient; that employs public funds to climate proof sectors and projects, thereby generating green jobs and sustainable growthwell-being for all within planetary boundaries; that incorporates climate risks and opportunities into the financial system, as well as all aspects of public policymaking and infrastructure; and that guarantees an end toclearly excludes any direct or indirect support to any fossil fuel subsidies and applies the polluter pays principle;
Amendment 83 #
Draft opinion
Paragraph 4
Paragraph 4
4. Insists that all EU-supported investments be subject to the EU taxonomy for sustainable activities and the Paris- aligned and Climate Transition Benchmarks; callinsists on the Commission to proposetimely adoption of a ‘brown’ taxonomy and enhanced social sustainability criteria under the EU Taxonomy;
Amendment 86 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Insists that no EU-supported investments contribute to the construction, lifetime extension or construction of nuclear power stations, nor to the management or storage of nuclear waste, or to any other form of activity related to nuclear power;
Amendment 92 #
Draft opinion
Paragraph 5
Paragraph 5
5. EmphasiseInsists that no project that is inconsistent with the Union’s climate and environmental objectives, in particular the objective of limiting the global temperature increase to 1.5°C above pre- industrial levels, should be eligible under the InvestEU programme; takes note in this regard of the proposal for a new Annex mentioning activities that are clearly excluded from such support; deplores, however, that this proposed list still allows for the financing of natural gas in clear contradiction with the Union’s commitments under the Paris Agreement; recalls the European Parliament’s demand that at least 40 % of overall investments under the InvestEU programme should contribute to climate objectives; welcomes the proposed increased target of spending at least 60% of the investments under the sustainable infrastructure policy window to meeting the Union objectives on climate and environment.; believes that the green finance gap is surmountable;
Amendment 119 #
Draft opinion
Paragraph 7
Paragraph 7
7. Urges the Commission to cuse the EU taxonomey forward with an EU taxonomy for the public sector and tracking climate and environment spending in all EU public funding instruments and for the public sector; calls also on the Commission to come forward with a green public procurement regulation;
Amendment 131 #
Draft opinion
Paragraph 8
Paragraph 8
8. Calls onUrges the Commission to revise State aid rules to allow public support for the European Green Deal and to, including the Temporary Framework introduced as a response to the Covid-19 crisis, to ensure support is consistent with the Union climate and environmental objectives, in particular the objective of limiting the global temperature increase to 1.5°C above pre- industrial levels; calls for a substantial reform of the European Semester to deepen the inclusion ofplace sustainability and the wellbeing of all within planetary boundaries at the centre, and to deliver on the Paris Agreement, the Sustainable Development Goals and the European Pillar of Social Rights;
Amendment 153 #
Draft opinion
Paragraph 9
Paragraph 9
9. CStresses the need to bring down barriers to public investment in favour of the transition to a net-zero economy; recalls its support for a qualified treatment for taxonomy- compliant public investments; calls for any investments that are necessary for climate mitigation, adaptation and the just transition to be exempted from the Stability and Growth Pact.
Amendment 162 #
9a. Calls on the Commission to present without delay a comprehensive set of legislative measures to substantially reduce the global ecological footprint of the private sector, including but not limited to the mandatory disclosure of climate and other environmental information by companies though an ambitious reform of the Non-Financial Reporting Directive;
Amendment 170 #
Draft opinion
Paragraph 9 b (new)
Paragraph 9 b (new)
9b. Urges the ECB to press ahead with its monetary policy strategy review in order to halt as soon as possible the financing of economic activities causing significant harm to environmental or social objectives; calls on the ECB to proceed with annual climate stress tests on financial institutions it supervises; calls on the ECB to employ the EU Taxonomy for these actions where relevant, as it has committed to doing;
Amendment 173 #
Draft opinion
Paragraph 9 c (new)
Paragraph 9 c (new)
9c. Calls on the European Supervisory Authorities (ESAs), together with national competent authorities (NCAs), to proceed swiftly with annual climate stress tests on financial institutions they supervise, as currently discussed notably in the Central Banks and Regulators Network for Greening the Financial System(NGFS), in order to understand where and how far climate-related financial risks sit in portfolios of relevant EU financial institutions;