The Recovery Plan for Europe and the European Green Deal Energy efficiency investments
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The document discusses the European Recovery Plan and European Green Deal. It outlines the various funding instruments totaling €2.4 trillion that are part of the recovery plan, including support for healthcare systems, regions, companies and citizens. It also discusses how the funds will support green and digital transitions through initiatives like the Renovation Wave to create hundreds of thousands of new green jobs and make Europe more resilient. The recovery plan aims to help member states recover from the crisis, kick start their economies, and address strategic challenges through investments and policy initiatives.
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The Recovery Plan for Europe and the European Green Deal Energy efficiency investments
- 1. The Recovery Plan for Europe and the European Green Deal Energy efficiency investments Carlos Sanchez Rivero DG ENER Unit C3 Team Leader- Energy Efficiency Finance 10 September 2020
- 2. Recovery Plan for Europe Supporting Member States to recover, repair and emerge stronger from the crisis Kick starting the economy and helping private investment to get moving again Learning the lessons of the crisis and addressing Europe’s strategic challenges SURE / ESM / EIB Guarantee €540 billion Next Generation EU €750 billion Long-term EU budget €1074 billion
- 3. Instruments for the Recovery Plan Health sector Regions, companies and citizens Companies Global partners • New Health Programme • Horizon Europe • Reinforced rescEU • European Recovery and Resilience Facility • REACT-EU (cohesion policy) • Reinforced rural development • Reinforced Just Transition Mechanism • Solvency Support Instrument • InvestEU • External Action Guarantee • European Fund for Sustainable development WHOBENEFITS Twin green and digital transitions INSTRUMENTSWHOINTERVENES European Commission & Member states European Investment Bank & other public finance partners European Commission European Commission & international organisations
- 4. The Green transition • Europe’s growth strategy • Hundreds of thousands of new green jobs • These transitions will make Europe more resilient and strategically autonomous • Renovation Wave
- 5. Thank you © European Union 2020 Unless otherwise noted the reuse of this presentation is authorised under the CC BY 4.0 license. For any use or reproduction of elements that are not owned by the EU, permission may need to be sought directly from the respective right holders.