Blog post 200622

Jacques Delors Institute supports letters to EC Vice Presidents

to “Invest in Green Research & Innovation to enable a speedy and sustainable recovery”

Jacques Delors Institute together with five other associations from the renewable energy, climate and environment fields have co-sigend three letters addressed to the Executive Vice-Presidents of the EUropean Commission in order to a invest in green research & innovation to enable a speedy and sustainable recovery.

Cette publication est disponible en anglais.

| 22/06/2020

Climate & Strategy PartnersE3GEERA, EUREC and Jacques Delors Institute welcome the European Commission’s recent proposal to fund a green and just recovery, as described on 28th May. If the EU is ready to borrow €750bn and engage the €1.1tn MFF for a green recovery then it needs to ensure investments – public and private – will indeed go in that direction. If not, discrepancies between member states and incoherence with EU policy priorities, like Green Deal, will deliver a shallow and fragile recovery, potentially locking in stranded assets for future generations.

Research & Innovation (R&I) is a key driver for economic development and resilience. Ensuring that sufficient investments are made in green R&I is one of the strongest ways for the European Commission to ensure that the recovery is effective and sustainable. The letters propose concrete R&I-related EU policy actions to:

  • Ensure the European Green Deal and National Energy and Climate Plans, guide Member States’ Recovery and Resilience Plans
  • Lever the EIB’s Energy Lending Policy and the ‘Do no harm’ principle.
  • Reinforce the EU budget’s ability to boost the bloc’s research and innovation ecosystem
  • Green Recovery Bond issuance
  • Reinforce Smart Specialisation Platforms with Climate R&I in CEE region

Download the letters below and learn more about specific R&I-related EU policy actions to strengthen and accelerate the economic recovery.

Letter to Executive Vice President Vestager

Letter to Executive Vice President Dombrovskis

Letter to Executive Vice President Timmermans