recentpopularlog in

henningninneh : side_payments   21

Poland’s just transition bonus cut 50% under latest EU budget proposal –
But the rug has been pulled from under Warsaw’s feet, as Michel’s budget plan curtails funding by 50% for any country that has not yet signed up to the EU’s overall mid-century climate goal.

“For member states that have not yet committed to a national objective of climate neutrality by 2050, access to the Just Transition Fund will be limited to 50% of their national allocation,” Michel’s proposal explains.
climate  budget  side_payments 
6 weeks ago by henningninneh
The Brief – The curious case of the missing fund –
The Czechs, Hungarians and Poles want more money before committing to the deal and the latest €5-billion-strong Brussels buzzword, the Just Transition Fund, is in prime place to deliver that cash injection.

So why did explicit mention of the Fund, which was included in the Council’s draft conclusions, disappear from the final document?


An earlier version said the Council would “look forward to the Commission’s proposal on the Fund” but that was switched out before EU leaders even saw the text for more vague language on a “socially fair and just transition”.

That is essentially the same jargon we’ve been hearing for the last 12 months.

EU diplomats have revealed that it is all part of an ongoing negotiating strategy to prevent the climate talks from focusing too much on Poland’s needs, which are predominantly energy-related.

Warsaw’s reliance on coal power has become inextricably linked with the Fund, so public backing at this delicate stage would have risked leaving the Council with a weakened hand and emboldened Poland to hold out even longer for even more cash.

December’s EU summit is touted as the crunch moment for the agreement.

Portugal and Spain were among the countries to insist on the Fund’s removal from the text, partly because they have transition concerns of their own that are not energy-based, ranging from mining and agriculture to plastics production.
climate  green_deal  budget  side_payments 
6 weeks ago by henningninneh
Charting the winners and losers in Brussels new budget | Financial Times
One of the most incendiary is how to distribute "cohesion" funds — a €330bn pot designed to help promote catch-up growth in the poorest parts of any member state.

During this 2021-2027 period, the programme is cut by 10 per cent in real terms. On top of that, as the FT has reported this week, the European Commission wants to broaden the criteria for allocating money, supplementing gross domestic product with metrics like youth unemployment, carbon emissions and migration.

When combined with the economic fallout of the financial crisis, the result is a shift in over €30bn away from newer central and eastern European member states (Poland, Hungary, Czech Republic), while funding is boosted to the crisis-hit south (Greece, Spain, Italy).
budget  eastern_europe  side_payments 
6 weeks ago by henningninneh
Von der Leyen: 'Green Deal is our man-on-moon moment'
The announcement of this fund, originally expected before the December's EU summit, has been delayed until January.

As a result, it is unclear if all member states will be able to unanimously agree on the commitment of making the EU climate-neutral by 2050 during the EU Council starting on Thursday.
side_payments  green_deal  2050 
6 weeks ago by henningninneh
EU springt Kohlegebieten bei - F.A.Z. Edition
Von den 100 Milliarden Euro soll Deutschland nach dem Kommissionsvorschlag ungefähr 13,4 Milliarden Euro bekommen. Polen allein bekäme mit 27,3 Milliarden Euro mehr als ein Viertel der Gesamtsumme. Grundsätzlich sollen alle Mitgliedstaaten Geld erhalten. Selbst für das kleine Luxemburg sind von den 7,5 Milliarden Euro noch 4 Millionen Euro vorgesehen.

Am meisten Geld hinter Deutschland und Polen sollen Rumänien (757 Millionen), Tschechien (581 Millionen), Bulgarien (458 Millionen) und Frankreich (402 Millionen) erhalten. Grundlage für die Verteilung ist eine Formel aus dem CO2-Ausstoß der Region, der Zahl der Arbeitsplätze in Kohlebergbau und Industrie, kombiniert mit dem Wohlstand des Landes. Zudem sollen die Hilfen auf 2 Milliarden Euro je Land begrenzt sein.
climate  green_deal  side_payments 
11 weeks ago by henningninneh
Leaders to battle on climate target and money at summit
However, the three eastern European countries are worried that the €100bn investment proposed under EU Commission president Ursula von der Leyen's Green Deal and one trillion euros leveraged by the European Investment Bank to help pay for the transition are too vague.
side_payments  climate  2019  budget 
december 2019 by henningninneh
EU Council chief takes over budget negotiations –
However, the negotiation on the Multiannual Financial Framework (MFF) could be instrumental in bringing Warsaw on board in June.

Poland said it cannot commit to the climate goal just yet. Prime Minister Mateusz Morawiecki defended that the cost of the transition will be higher for his country than others.

When addressing the press after the meeting, Morawiecki praised the creation of the Just Transition Fund, the details of which the Commission has not shared yet. “A fair share of this fund will be allocated to Poland for a fair transformation,” the Polish prime minister said.
budget  climate  side_payments  green_deal 
december 2019 by henningninneh
AS IT HAPPENED: EU leaders discuss budget, climate change –
“The objective has been accepted by all, it is in the text,” argued Macron while acknowledging that Warsaw clarified it is not ready to attain the goal.

“We have given them a delay until June as to make sure that at national level they can implement the necessary measures,” he explained, “If they wouldn’t agree to the objective, they wouldn’t have access to the solidarity mechanisms.”

“Europe will progress less when we do not have solidarity mechanisms,” French President added. 
climate  2019  side_payments 
december 2019 by henningninneh
December 2019: Leaders agree 2050 climate neutrality - without Poland
"We acknowledge that the transition is a big one for Poland," said the president of the commission Ursula von der Leyen, adding that although Poland needs time to go through the details, this will not change the timeframe of the commission.

According to German chancellor Angela Merkel, "there is no division of Europe into different parts, but there is a member state that still needs a bit more time".

However, Hungarian prime minister Viktor Orban insisted that extensive "financial guarantees" are required for those countries whose energy production deeply depends on fossil-fuels.

"We cannot allow Brussels bureaucrats to have poor people and poor countries to pay the costs of the fight against climate change," he said.

EU countries tried to reach a deal on zero emissions by 2050 in June, but Poland, Hungary and the Czech Republic held out, wanting to see financial incentives.
climate  side_payments  energy  nuclear_energy 
december 2019 by henningninneh
EU leaders claim victory on 2050 climate goal, despite Polish snub –

At a meeting in Brussels, EU heads of state and government failed to come to a unanimous decision at the third time of asking, after summits earlier in the year also failed to yield a consensus.

“The European Council endorses the objective of achieving a climate-neutral EU by 2050, in line with the objectives of the Paris Agreement,” the summit conclusions state.

But leaders had to accept that Poland refused to sign up to that objective.

“One member state, at this stage, cannot commit to implement this objective as far as it is concerned,” the conclusions add.

Yet, European Council President Charles Michel and European Commission President Ursula von der Leyen both insisted that an agreement on climate-neutrality had been brokered
climate  side_payments  differentiated_integration 
december 2019 by henningninneh
Timmermans warns on cost of inaction on climate
The Just Transition Fund would partly be used to soften the positions of Hungary, Poland and the Czech Republic, which have objected to the EU's 2050 climate-neutrality goal - the main pillar of the Green Deal.

However, the announcement of this fund, originally expected before the next week's EU summit, has been delayed until January.

As a result, it is unclear if all member states will be able to unanimously agree on the commitment of making the EU climate-neutral by 2050 during the EU council. But Timmermans seemed optimistic.
carbon_neutrality  climate  side_payments 
december 2019 by henningninneh
Auf dem Weg zur Klimaneutralität - F.A.Z. Edition
Estland hat schon die Lager gewechselt. Vor allem aber wackele Polen, heißt es in Diplomatenkreisen.

Entscheidend dafür dürfte nicht zuletzt sein, dass die Mitgliedstaaten in den Verhandlungen über den EU-Haushalt 2021 bis 2027 eine Idee von der Leyens aufgegriffen haben. So soll Staaten wie Polen oder Ungarn, die beim Klimaschutz noch viel aufzuholen haben, finanziell unter die Arme gegriffen werden. 
climate  carbon_neutrality  commission  side_payments 
december 2019 by henningninneh
EU legislators split over 2020 budget, risk climate funding delays –
Incoming EU Commission chief Ursula von der Leyen should take an extra month or two to negotiate a coalition agreement with the European Parliament, including a new finance-climate pact to support the energy transition, says Pierre Larrouturou, adding he will not vote for the new Commission without additional climate cash.
commission  investiture  side_payments  climate 
october 2019 by henningninneh
Poland wants fresh EU money to back climate neutrality goal –
Achieving climate neutrality requires “significantly larger” amounts of funding than what is currently on offer in the EU’s long-term budget proposal for 2021-2027, Warsaw said in a memo circulated ahead of an EU leaders’ summit opening on Thursday (17 October).

The Polish demands are spelled out in a “non-paper” circulated to EU leaders meeting in Brussels for a two-day summit beginning on Thursday.

Poland was one of four EU countries to block a deal on net-zero emissions at the last meeting of national leaders in June. And Warsaw has now clearly linked its backing for the 2050 climate goal to the budget negotiation.
climate  eastern_europe  side_payments 
october 2019 by henningninneh
EU ministers fudge 2030 climate target lines –
Ten countries – Bulgaria, the Czech Republic, Croatia, Estonia, Greece, Hungary, Lithuania, Malta, Poland and Romania – blocked efforts to include more explicit language. Of those ten, the Czech Republic, Hungary and Poland are the last hold-outs on the 2050 deal.

One likely source of cash is the European Investment Bank (EIB), which is currently deciding on how to tweak its energy-lending policy. Under a draft proposal, the EU lender will finance up to 75% of projects submitted by poorer member states rather than the usual 50%.
climate  eastern_europe  side_payments 
october 2019 by henningninneh

Copy this bookmark:

to read