14 Amendments of Esther DE LANGE related to 2020/0100(COD)
Amendment 18 #
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 transition challenges described in the territorial just transition plans as adopted by the Commission, and be in line with the objective of a climate-neutral Union by 2050. The activities envisaged for support should be consistent with and complement those supported under the other two pillars of the Just Transition Mechanism.
Amendment 30 #
Proposal for a regulation
Recital 5 a (new)
Recital 5 a (new)
(5 a) The Commission should adopt an exclusion list of investments that are detrimental to the targets set out in the Paris Agreement and the European Green Deal, and are not in line with the European Investment Bank's energy financing policy. These investments should be excluded from Union support provided by the Facility.
Amendment 39 #
Proposal for a regulation
Recital 15
Recital 15
(15) Support under this Facility should only be provided to projects that do not generate a sufficient stream of own revenues that would allow them to be financially viable and to be financed solely by loans provided on market terms and that could, consequently, not be realised without the financial Union support under this Facility. Own revenues should correspond to revenues, budgetary transfers excepted, generated directly by the activities carried out by the project, such as sales, fees or tolls and as incremental savings generated by the upgrade of existing assets.
Amendment 52 #
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 transition challenges described in the territorial just transition plans as adopted by the Commission, and be in line with the objective of a climate-neutral Union by 2050. The activities envisaged for support should be consistent with and complement those supported under the other two pillars of the Just Transition Mechanism.
Amendment 62 #
1. The general objective of the Facility is to address serious socio- economic challenges deriving from the transition process towards a climate-neutral economy by 2050 for the benefit of the Union territories identified in the territorial just transition plans prepared by the Member States in accordance with Article 7 of Regulation [JTF Regulation].
Amendment 65 #
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, by facilitating the financing of projects that do not generate a sufficient stream of own revenues and would not be financrealised without the element of grant support from the Union budget.
Amendment 69 #
Proposal for a regulation
Recital 5 a (new)
Recital 5 a (new)
(5 a) The Commission should adopt an exclusion list of investments that are detrimental to the targets set out in the Paris Agreement and the Green Deal, and are not in line with the EIB's energy financing policy. These investments should be excluded from Union support provided by the Facility.
Amendment 91 #
Proposal for a regulation
Article 8 – paragraph 1 – point d
Article 8 – paragraph 1 – point d
(d) the projects do not generate a sufficient stream of own revenues allowing them to be financnd would not be realised without Union support.
Amendment 94 #
Proposal for a regulation
Article 8 a (new)
Article 8 a (new)
Article 8 a The Commission shall adopt an exclusion list of investments that are detrimental to the targets set out in the Paris Agreement and the European Green Deal, and are not in line with the EIB's energy financing policy, and which shall thereby not receive Union support provided by the Facility.
Amendment 110 #
Proposal for a regulation
Recital 15
Recital 15
(15) Support under this Facility should only be provided to projects that do not generate a sufficient stream of own revenues that would allow them to be financially viable and to be financed solely by loans provided on market terms and that could, consequently, not be realised without the financial Union support under this Facility. Own revenues should correspond to revenues, budgetary transfers excepted, generated directly by the activities carried out by the project, such as sales, fees or tolls and as incremental savings generated by the upgrade of existing assets.
Amendment 157 #
Proposal for a regulation
Article 3 – paragraph 1
Article 3 – paragraph 1
1. The general objective of the Facility is to address serious socio- economic challenges deriving from the transition process towards a climate-neutral economy by 2050 for the benefit of the Union territories identified in the territorial just transition plans prepared by the Member States in accordance with Article 7 of Regulation [JTF Regulation].
Amendment 163 #
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, by facilitating the financing of projects that do not generate a sufficient stream of own revenues and would not be financrealised without the element of grant support from the Union budget.
Amendment 224 #
Proposal for a regulation
Article 8 – paragraph 1 – point d
Article 8 – paragraph 1 – point d
(d) the projects do not generate a sufficient stream of own revenues allowing them to be financnd would not be realised without Union support.
Amendment 231 #
Proposal for a regulation
Article 8 a (new)
Article 8 a (new)
Article 8 a The Commission shall adopt an exclusion list of investments that are detrimental to the targets set out in the Paris Agreement and the Green Deal, and are not in line with the EIB's energy financing policy, and which shall thereby not receive Union support provided by the Facility;