We present our video of the online discussion from February 22, 2021 on the EU Taxonomy and how it affects investments in the energy transition, with particular reference to technologies such as gas and nuclear power. Taking part were Nancy Saich, Chief Climate Expert, European Investment Bank (EIB), Pawel StraczyĹ„ski, Deputy CEO, PGE POLAND (sponsor), Ian Simm, CEO and Founder, IMPAX Asset Management, OndĹ™ej Knotek, MEP, RENEW EUROPE … [Read more...]
Just Transition Fund: Poland yet to be convinced
Last month we learned of extra "Covid-19 recovery" funds to keep the Green Deal on an even keel. They included an additional €32.5bn for the Just Transition Fund (JTF). But is it enough? This is the question at the heart of our online event next week. The JTF is part of the Just Transition Mechanism (JTM) which, in turn, is the part of the Green Deal funding plan and is aimed at supporting Member States and regions "most affected by the … [Read more...]
EU ETS Modernisation Fund: putting the wind in the sails of the Transition
Transforming the power system to reach climate neutrality by 2050 will cost approximately €100bn per year according to Eurelectric. In recognition of the different starting points for Member States, the European Commission has introduced the new EU ETS Modernisation Fund (MF) which could be worth as much as €25bn* to the beneficiaries between 2021 and 2030. According to Monika Morawiecka, CEO of PGE Baltica, offshore wind already makes business … [Read more...]
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