Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-03-12-Speech-3-398"
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"en.20080312.25.3-398"2
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"The reasons for setting up this fund deserve our praise. The resources being funnelled into this fund are a joke.
The key objectives of the fund should be the promotion of energy efficiency, energy saving and renewable energies, reduction of emissions of greenhouse gases and the improvement of access to energy services in the poorest countries, not to mention diversification of energy sources in the developing world.
Statistics (which are already outdated) indicate that 1.6 billion people do not have access to basic energy services. 2.4 billion people rely on traditional biomass for cooking and heating.
The International Energy Agency estimates that by 2010 USD 241 billion will be needed to be invested into renewable energy generation. Regarding developing countries, the estimate is at least USD 10 billion or EUR 9 billion.
The proposed budget for this fund under discussion is EUR 80 million between 2007 and 2010, with EUR 15 million in 2008 to kick-start the initiative. The figures speak for themselves. These resources are but a drop in the ocean of what is needed. The intentions are good but intentions with meagre funding do not correspond to serious initiatives."@en1
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