The Electrification Alliance welcomes the proposal by the European Commission for a European recovery and supports the political decision to structure it around a reinforced EU budget 2021-2027, alongside an emergency temporary recovery instrument “Next Generation EU”.
We are convinced that a truly Green Recovery Plan is the opportunity to reshape our energy and industrial future, increase competitiveness, boost employment, and enhance system efficiency to set the basis for climate neutrality in the EU. Ultimately, the EU Recovery will only be as green as the projects it finances and the jobs it creates. It must therefore go hand in hand with the EU’s commitment to the Paris Agreement by driving forward the enabling policy conditions, including an ambitious 2030 GHG reduction target.
