Financing the European Green Deal (Question)

Question for written answer to the Commission

Rule 138

Petros Kokkalis, Dimitrios Papadimoulis, Konstantinos Arvanitis, Alexis Georgoulis, Stelios Kouloglou, Elena Kountoura

Subject: Financing the European Green Deal


According to the Communication of the European Commission on the European Green Deal, the upcoming Climate Law with the objective of achieving climate neutrality in 2050, the 50% reduction target in EU’s greenhouse gas emissions by 2030, and the Sustainable Europe Investment Plan, the Commission will propose a Just Transition Mechanism which will include a Just Transition Fund to leave no one behind. It will draw on sources of funding from the EU budget, the Member States as well as the EIB group to leverage the necessary private and public resources. Support will be linked to promoting a transition towards low-carbon energy and climate-resilient activities.


In the context of the aforementioned points of the European Green Deal Communication:


1. Which will be the criteria for distributing the funding among the 41 coal regions in transition and when is this planned to materialize in the context of the new MFF, provided that the Member States have already their own plans and timeframes for decarbonization?


2. Will the Just Transition Fund be bound to the 1.5C temperature increase pledge?


3. What is the suggested timeframe for collaboration with the regions and Member States, and which financing and technical support tools will be used, in order to ensure maximum participation of all relevant stakeholders, citizens and workers in the creation of the territorial transition plans?

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