Activities of Fabienne KELLER related to 2020/2058(INI)
Plenary speeches (1)
Sustainable Europe Investment Plan - How to finance the Green Deal (debate)
Amendments (19)
Amendment 73 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Welcomes the Commission’s European Recovery Plan with the European Green Deal at its heart; endorses the underlying principle that public investments will respect the oath to ‘do no harm’ principle; emphasises that national recovery and resilience plans should put the EU on the path to a 50 % tot least 55 % reduction in greenhouse gas emissions by 2030 compared to 1990 and climate neutrality by 2050;
Amendment 95 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Stresses that the success of the EU’s aim to achieve climate neutrality by 2050 at latest will depend on the adequacy of the financingpublic and private financing and coherent legislation and policy actions;
Amendment 139 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Wishes to see it ensured that funding from the SEIP, at EU and national level, goes towards the policies and programmes with the highest potential to contribute to the fight against climate change and environmental degradation, and looks forward to the Commission’s upcoming climate and biodiversity tracking methodology using appropriately the criteria established by the EU taxonomy;
Amendment 177 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Calls for the phasing-out of public and private investments in highly polluting and harmful industrieswhich do not comply with the criteria established by the EU Taxonomy for which economically feasible alternatives are available, while fully respecting the rights of Member States to choose their energy mix;
Amendment 185 #
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Calls on the Member States to prepare by 30 June 2021 national strategies to phase out support for fossil fuels, including indirect subsidies, capacity mechanism and decoupling addressing of energy poverty from subsidies to fossil fuels;
Amendment 210 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Underlines the fact that, in order to meet its obligations under the Paris Agreement and the Green Deal´s climate and environmental ambitions, the EU’s contribution to the climatse objectives should be based on solid proofing and underpinned by an ambitious share of climate-related expenditure in the EU budget, going beyond the levels of targeted spending shares of at least 25 %40% for climate and 10% for biodiversity over the MFF 2021- 2027 period and of 30% as soon as possible and at the latest by 2027;
Amendment 216 #
Motion for a resolution
Paragraph 9 a (new)
Paragraph 9 a (new)
9a. Calls on the Commission to disclose which part of the Union's expenditure or investments from MFF and Next Generation EU fund are compliant with the taxonomy categories as set out in the EU Taxonomy regulation;
Amendment 232 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Welcomes the proposal to top up the Just Transition Fund (JTF), including with additional funds from Next Generation EU, and the two additional pillars of the Just Transition Mechanism, namely a dedicated scheme under InvestEU and a public sector loan facility, which will contribute to alleviating the economic effects of the transition to climate neutrality on the most vulnerable regions in the EU; recalls that this fund should only go towards sustainable investments in line with the EU Taxonomy;
Amendment 263 #
Motion for a resolution
Paragraph 11 a (new)
Paragraph 11 a (new)
11a. Calls on the Commission to substantially increase funding for technical assistance in relevant EU funds, to ensure that technical assistance reaches 1% of the total amount to be spent, and calls on the Commission to focus technical assistance on projects and sectors with the highest environmental and social added value, in particular nature-based solutions that can deliver EU´s climate and environmental objectives altogether;
Amendment 272 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Notes that the Innovation Fund and the Modernisation Fund should make a significant contribution to the sustainable transition, and welcomes in particular the fact that the Modernisation Fund is designed to support investments to improve energy efficiency in 10 lower-income Member States and is therefore an important tool in ensuring a just transition while highlighting the need for heightened scrutiny as harmful investments should not be eligible under the Modernisation Fund;
Amendment 286 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Supports the Commission’s innovative approach in stating that the EU budget will contribute to achieving climate and environmental objectives also through its revenue side;
Amendment 320 #
Motion for a resolution
Paragraph 14 a (new)
Paragraph 14 a (new)
14a. Calls on the Commission to adopt by June 2021 an updated tracking methodology to monitor and report trends regarding capital flows towards sustainable investments as per the EU Taxonomy regulation;
Amendment 342 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Welcomes the efforts of the European Investment Bank (EIB) to revise its climate strategy, its transport and energy lending policy and to devote 50 % of its operations to climate action and environmental sustainability; calls on the EIB to commit to the sustainable transition towards climate neutrality while taking into account the different energy mixes of Member States and devoting particular attention to the sectors and regions most affected by the transition;
Amendment 349 #
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15a. Calls on the EIB to end support for unsustainable transport projects and to condition support to large high-carbon companies with the adoption and publication of verifiable transition plans to reach climate neutrality objectives;
Amendment 387 #
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17a. Calls on the ECB to disclose annually its degree of alignment with the Paris Agreement and its exposure to the EU Taxonomy;
Amendment 394 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Supports a renewed sustainable finance strategy; underlines the need for an EU eco-label for financial products, for an EU Green Bond Standard (EU GBS), and for more reliable, comparable and accessible sustainability data obtained by harmonising sustainability indicators and creating a public sustainability data register, and mainstreaming sustainability within all financial legislation through legislative reviews;
Amendment 440 #
Motion for a resolution
Paragraph 21 a (new)
Paragraph 21 a (new)
21a. Calls on the European Supervisory Authorities (ESAs), together with national competent authorities (NCAs), to develop annual climate scenario testing on financial institutions they supervise, as currently discussed in the NGFS, in order to understand climate-related financial risks in portfolios of relevant EU financial institutions;
Amendment 507 #
Motion for a resolution
Paragraph 24
Paragraph 24
24. Notes that recovery and resilience plans will be based on shared EU priorities; highlights in this context the European Green Deal and the European Pillar of Social Rights; seeks the inclusion of priorities in areas such as employment, skills, education, research and innovation and health, but also in areas related to the business and non-profit environment, including public administration and the financial sector;
Amendment 522 #
Motion for a resolution
Paragraph 25
Paragraph 25
25. Supports the Solvency Support Instrument to level the playing field in the single market, and the introduction of ‘transition plans’ for certain companies to increase the sustainability of their activities; considers that society can ask for a quid pro quo when providing support to companies; believes that time-bound Paris Agreement and Green Deal aligned transition plans shouldmust be obligatory for companies seeking state aid or EU-level support unless it is clear that they do not engage in environmentally or socially harmful activities; urges the Commission to only approve transition plans that set businesses on the path to the climate-neutral and circular economy based on non-toxic material cycles without significantly harming any other environmental or social objectives;