The EU Parliament gives green light to the integration of REPowerEU into the RRP national plans
With 471 votes in favour, 90 against and 53 abstentions the European Parliament voted for the introduction of new REPowerEU-related chapters into the post-pandemic national recovery and resilience national plans adopted by EU Member States. As doing so the Euro chamber backed additional reforms and investments to accelerate industrial decarbonization.
This legislative procedure is part of the process that integrates the REPowerEU plan proposed by the European Commission to allow the EU to phase out from the dependency on Russian gas, oil and coal imports to the post-pandemic recovery EU plan. Once approved by both the EU co-legislators the proposed regulation will also amend:
- The last adopted Common Provisions Regulation 2021/1060, which lays down the rules for eight EU funds;
- Regulation 2021/2115, which contains the rules on support for strategic plans to be drawn up by Member States under the Common Agricultural Policy;
- Directive 2003/87/EC, which established the scheme for greenhouse gas emission allowance trading (ETS) currently used in the Europe