the European Commission on Tuesday, January 14, presented an Investment plan sustainable Europe, which provides funding for "green agreement" the EU in the amount of 1 trillion euros.
the Commission's Proposed mechanism for mobilizing public investment and help to unlock private funds with the help of EU financial instruments, in particular, InvestEU, said message Commission.
the Commission recognize that different industries and regions of the European Union will be affected differently "green agreement", providing for the output of the economy at the zero carbon emissions by 2050. Some of them will undergo profound economic and social transformation.
Mechanism just transition will provide specialized financial and practical support to help workers and to attract the necessary investments in those areas noted in the European Commission.
"the Green agreement is connected with important investment needs, which we will turn to investment opportunities. The plan that we present today, to mobilize at least 1 trillion euros, show the direction and cause a wave of green investment," said Commission Chairman Ursula von der Leyen.
In the accumulation of money and investing the "green agreements" the EU has a pivotal role to play the European investment Bank. A just transition mechanism (JTM) is a key tool to ensure that the transition to a climate neutral economy was in a fair way. The mechanism provides dedicated support to help mobilize at least 100 billion euros in the period 2021-2027 years in the most affected regions to mitigate the socio-economic impact of the transition.
Recall that only in Germany the transition of the automotive industry for the production of electric vehicles will be lost at least 410 000 jobs. The intention to start mass layoffs, said almost all the major German automakers, including Peugeot, Opel, Daimler and Audi.
