The European Commission has today adopted the regulation creating the Just Transition Fund and the Sustainable Europe Investment Plan and presented the proposals to the European Parliament.
in CLEPA, 14-01-2020
“We welcome the launch of the Just Transition Fund and the Sustainable Europe Investment Plan. Both have to be seen in conjunction with the ambitions of the European Green Deal towards climate neutrality and mutually reinforce each other,” says Sigrid de Vries, Secretary General of the association of the automotive suppliers’ industry in Europe.
“The automotive suppliers’ industry in Europe is a driving force behind the transformation to sustainable, safe, and smart mobility. We support the Paris agreement and are ready to contribute to a reliable, technology-open, and ambitious regulatory framework to achieve its objectives.
We urge the European legislators to build on Europe’s strengths — the single market, the continent’s advanced technology competence, its high value-add industrial base and global competitiveness — and to provide the supportive regulatory framework and financial support needed to master the monumental tasks unfolding and maintain manufacturing and employment in Europe.
Climate policies must be deeply intertwined with a coherent industrial strategy to strengthen our competitiveness and power to innovate, in order to ensure that the three pillars of the sustainability triangle, i.e. environmental, economic and social policies, are balanced. Such balance is precarious and climate protection needs to condition the strategies towards a sustainable economy as much as the social and economic dimensions should.
The fact that a Just Transition Fund will be needed, is ominous. Hence, only in cases where disruption of industries cannot be avoided, it should serve to balance the impact.