Financing the green transition in times of economic recovery

An online seminar was organized on September 18th 2020, to discuss financing the green transition in times of economic recovery.  The event was a joint initiative of the Belgian Federal Council for Sustainable Development (FRDO-CFDD) and the European Commission, in collaboration with the European network of Advisory Councils on Climate Change, the Environment and Sustainable Development  (EEAC Network), the European Investment Bank and the Belgian regional sustainable development councils.

Focus

The Covid19 has shaken Europe and the world to its core. To help repair the economic and social damage, kick-start European recovery, and protect and create jobs, the European Commission has proposed a major recovery plan for Europe, Next Generation EU. Reforms as well as significant investments, both from the private and public sector, are at the heart of this plan, which builds on Europe’s growth strategy, the European Green Deal, to a more sustainable, digital, fair and resilient Europe.

What was addressed 

The EU has already taken several initiatives to facilitate the financing of the green transition. We took stock of these.

The following question was center staged:

·  18 September: What are the EU initiatives to facilitate green transition financing in times of economic recovery?

Who contributed?  

Confirmed speakers are: Jean-Pascal van Ypersele (UCL), Arnau Queralt-Bassa (EEAC), Veerle Nuyts (EU Commission), Emmanuel Buttin (EU Commission), Thomas Verheye (EU Commission), Michèle Lacroix (EFRAG), Philippe Lamberts (MEP), Sirpa Pietikäinen (MEP), Pierre-Emmanuel Noël (EIB), Xavier Vanden Bosch (EU Commission), Yelter Bollen (Arbeid en Milieu, Fairfin), Pierre Vanheuverzwijn (Pacte national d’investissements stratégiques), Agnès Giner Lloret (Sowalfin), Pierre Hermant (Finance Brussels), Johan Reynaert (PMV), Jan Verheeke (Minaraad).

Follow up

The session outcome documents will be released in due time.

Letter on the promotion of international rail passenger transport endorsed by fellow advisory councils

Together with four other governmental advisory councils on sustainability and the environment, the Dutch Council on the Environment and Infrastructure (Rli) has written a letter to the European Commission on the promotion of international rail passenger transport. In recent months, an additional four advisory councils (from Ireland, Portugal, Germany and Hungary) have expressed their support and endorsed the letter. The letter and the list of endorsements can be found here

Internal EEAC Session: Towards an ambitious environmental policy in Germany and Europe, Part II

The German Advisory Council on the Environment (SRU) published its Environmental Report, entitled: “Towards an ambitious environmental policy in Germany and Europe” in of May 2020. With this Environmental Report, the SRU is addressing environmental policy topics that require urgent action. These topics include: climate policy, the circular economy, water protection, sustainable neighbourhood development, noise regulation, urban mobility and the future of EU environmental policy.

In a sequence of two online sessions, SRU experts presented and discussed with EEAC colleagues:

1. The future of EU environmental policies and climate policy
2. Circular economy and urban mobility.

The first online session was held on June 5th, World Environment Day. The second session took take place on Tuesday September 1st.

The PowerPoint slides accompanying the presentations given on September 1st can be  found here:

Active and environmentally friendly urban mobility: enabling change

Reducing traffic noise to improve health and quality of life

Circular Economy: From Rhetoric to Practice