Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-11-Speech-4-071"
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"en.20101111.4.4-071"2
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"Madam President, ladies and gentlemen, in the current difficult economic and financial scenario, Europe must continue to support projects in the sector of energy efficiency and renewable energy for a sustainable and social competitive economy.
The means of operating the financial instrument must be improved in order to invest in decentralised projects to ensure geographical balance and promote even recovery. This financial instrument must be set up immediately and directed toward projects with a local dimension in order to impact on employment in accordance with Regulation (EC) No 663/2009. Credit lines that are able to complement worthy local initiatives are needed. Our preference must be for the financing of projects that also guarantee technological innovation to raise the competitiveness of industry. Unused finance within the framework of DG Climate Action’s multiannual programme could be earmarked for the instrument and then directed towards projects within the sustainable energy field. I would like to thank Mrs Van Brempt for her excellent work."@en1
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