Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-02-13-Speech-2-175"
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"en.20070213.17.2-175"2
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"The level of the Dead Sea is falling by one metre each year. The Commission is strongly in favour of forward-looking projects which address the water needs and environmental needs of the region, and it supports all the initiatives which involve cooperation between the neighbours on specific issues, particularly on water, a very important resource in the region, in order to find mutually satisfactory solutions. But we also have to say that the construction of the ‘Peace’ canal would be a huge undertaking, a huge endeavour, which could have a significant impact on the local environment without necessarily addressing the causes of these lower Dead Sea levels.
We think, therefore, that a somewhat cautious approach is necessary. The Commission notes that a feasibility study including an environmental and social impact assessment has recently been commissioned. A multi-donor trust fund has been established, with France, the USA, the Netherlands and Japan making firm commitments of support.
The contract for the feasibility study is expected to be awarded in July of this year, and then it could last for over two years. The Commission will then examine the outcome of the feasibility study very carefully when it is published and will consult with the European Investment Bank in the light of its recommendations. At that time, we will also keep Parliament closely informed of our reflections."@en1
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