The Green Transition at the heart of the EU Recovery Fund
EU leaders have tasked the European Commission with drafting a trillion-euro recovery fund to restart the economy after the coronavirus crisis.
Commission President Ursula von der Leyen has since pledged to put the green and digital transitions at the heart of the EU recovery fund, which will be part of a revised EU budget proposal for the next seven years (2021-2027).
But questions remain over the size of the new fund and the policy areas that will be financed under the plan. There are also mounting concerns over the trillions of euros in state aid that are being disbursed to prevent companies going bankrupt, with some EU countries placing green conditions to financial assistance.
Join EURACTIV for an online energy policy discussion to explore these topics with our high-level speakers.
YOU CAN WATCH THE FULL ONLINE DEBATE HERE.
Claude Turmes, Minister of Energy and Spatial Planning, Luxembourg
Teresa Ribera, Government Vice-President and Minister for Ecological Transition and Demographic Challenge, Spain
Fatih Birol, Executive Director, International Energy Agency (IEA)
Frédéric Simon, Energy and Environment Editor, EURACTIV
09:30 – 09:35 Introductions and housekeeping
09:35 – 10:10 Panellist interventions, discussion and Q&A
10:10 – 10:15 Closing statements
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The April oil market crash will test the determination of majors like Shell and BP, which have recently announced goals to reach net-zero emissions by 2050, according to the International Energy Agency (IEA).