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The new framework is distinguished from the previous Temporary Framework adopted by the European Commission on 19 March 2020, that empower Member States to ensure that sufficient liquidity remains available to businesses of all types and to preserve the continuity of economic activity during and after the Covid-19 outbreak.
The Temporary Crisis Framework complements the existing State aid toolbox with many other possibilities already available to Member States, such as measures providing compensation to companies for damages directly suffered due to exceptional circumstances, and measures outlined in the Commission Communications on energy market developments.
The new framework allows Member States to:
- grant limited amounts of aid to companies affected by the current crisis or by the related sanctions and countersanctions;
- ensure that sufficient liquidity remains available to businesses;
- compensate companies for the additional costs incurred due to exceptionally high gas and electricity prices.
The Temporary Crisis Framework will be in place until 31 December 2022 for the liquidity support measures and measures covering increased energy costs. Aid supporting the roll-out of renewable and the decarbonisation of the industry may be granted until end June 2023.
The European Green Deal presents a roadmap for making the EU’s economy sustainable by turning climate challenges into opportunities across all policy areas and sector of the economy:
- Environment and oceans
- Finance and regional development
- Research and innovation
What is the purpose of Green Deal?
With the Green Deal strategy EU aims to:
- Become climate-neutral by 2050
- Help companies become global leaders in clean energy, products and technologies
- Help ensure a just and inclusive transition
In addition to the European Climate Law, which sets a legally binding target of net zero greenhouse gas emissions by 2050, the EU Green Deal is divided in 8 policy areas:
- Increasing the EU’s climate ambition for 2030 and 2050
- Supplying clean, affordable and secure energy
- Mobilising industry for a clean and circular economy
- Building and renovating in an energy and resource efficient way
- Accelerating the shift to sustainable and smart mobility
- From ‘Farm to Fork’: designing a fair, healthy and environmentally-friendly food system
- Preserving and restoring ecosystems and biodiversity
- A zero pollution ambition for a toxic-free environment
Each policy area includes concrete strategies, action plans, laws, etc.
Lunched in 2015, the Seal of Excellence is a digital certificate which is awarded to project proposals submitted under EU calls for proposals. It's help these proposals to find alternative funding, by promoting synergies among EU funding programmes.
For instance, the SoE has been awarded under Horizon 2020 in order to reinforce synergies between the EU Research and Innovation programme and European Regional Development Fund (ERDF).
Different EU funding programmes currently forsee the Seal of Excellence in their regulations, such as Horizon Europe, which provides the SoE for:
- EIC Accelerator
- EIC Transition
- Marie Skłodowska-Curie actions (MSCA) postdoctoral fellowships
- Marie Skłodowska-Curie Actions (MSCA) COFUND
The European Commission intends to further promote the Seal of Excellence in the new programming period 2021-2027.
The CAP represents one third of the overall EU budget and is financed by the Multiannual financial framework through two different funds:
- the European agricultural guarantee fund (EAGF), which funds direct payments and market measures (First Pillar)
- the European agricultural fund for rural development (EAFRD), which finances rural development (Second pillar).
Pillar 1 includes:
- Direct payments, an income support granted directly to farmers
- Market Measures, a range of mechanisms governing the production and trading of agricultural products in the European Union
Pillar 2 includes:
- Rural Development, a set of measures aimed at strengthening the economic, social and environmental sustainability of rural areas.
During its long history, the EU has implemented the CAP to face new challenges such as:
- sustaining the development of the farming sector and supporting young and new farmers
- maintaining rural areas, supporting farmers in disadvantaged areas and making remote and mountainous areas more liveable
- ensuring high safety and environmental standards
- addressing global market fluctuations and price volatility
- contributing to climate change mitigation and promoting a sustainable management of natural resources.
The new CAP, which will enter into force on January 1, 2023, will increase the contribution of European agriculture to the EU's green and digital transitions, with new eco-schemes for the environment and climate and with a strengthened budget for the modernisation of farming.
The EU structural and investment funds are:
- European regional development fund (ERDF)
- European social fund Plus (ESF+)
- Cohesion fund (CF)
- European agricultural fund for rural development (EAFRD)
- European Maritime, Fisheries and Aquaculture Fund (EMFAF)
For the programming period 2021-2027 the new Just Transition Fund (JTF) has been introduced to facilitate the implementation of the European Green Deal.
The European regional development fund (ERDF), the European social fund Plus (ESF+), the Cohesion fund (CF) and the new Just Transition Fund (JTF) deliver the objectives of the Cohesion Policy. In particular:
- ERDF promotes balanced development in the different regions of the EU, financing investments in a smarter, greener, more connected and more social Europe
- ESF+ funds employment-related projects and investment in Europe’s human capital
- CF finances projects in the field of environment and transport infrastructures in countries where the gross national income (GNI) per inhabitant is less than 90% of the EU average
- JTF supports the territories facing serious socio-economic challenges related to the climate transition in order to avoid regional inequalities.
The European agricultural fund for rural development (EAFRD), instead, is the funding instrument of the Common Agricultural Policy (CAP) that focuses on resolving the particular challenges facing EU's rural areas.
Finally, the European Maritime, Fisheries and Aquaculture Fund (EMFAF) helps fishermen and coastal communities and supports the EU common fisheries policy (CFP), the EU maritime policy and the EU agenda for international ocean governance.