Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-11-Speech-4-056"

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"en.20101111.4.4-056"2
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"The submitted proposal for a regulation of the European Parliament and of the Council amending Regulation (EC) No 663/2009 is a response to the repeated requests of the European Parliament to create a new, single-purpose financial instrument for supporting energy efficiency and initiatives in the area of renewables. The support for measures in the construction industry to increase the energy efficiency of buildings, which annually consume up to 40% of energy in the EU, shows the justification for, and good sense of, this initiative. Funding to cover the activities of this financial instrument may be obtained by transferring unused resources from a number of programmes in which it is not objectively possible to use the allocated funding in time to the planned extent. An example of this would be the European Energy Programme for Recovery, which has a financial reserve of around EUR 150 million, as well as the multi-year GR programme for the climate sector, which was set up with a similar aim. I therefore think it would be very sensible to consider how we might best use the financial resources saved in order to extend the scope of the European Energy Programme for Recovery to include a new and, it would seem, necessary, single purpose financial instrument for supporting energy efficiency and initiatives in the area of renewables. We can make it easier for public bodies at the local, municipal and regional levels to implement projects in the area of energy saving and renewables thanks to this effective new financial instrument."@en1
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