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With today’s agreement on REPowerEU, the co-legislators have also agreed to #SAFE (Supporting Affordable Energy) measures under #Cohesion policy to cushion the impact of the high energy prices.
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🐦🔗: https://n.respublicae.eu/ElisaFerreiraEC/status/1602937813246394368
#Cohesion programmes 2021-27 will contribute to #REpowerEU through long-term investments in renewables, energy efficiency & smart grids.
Member States will have the possibility to use up to 7.5% of each fund WITHIN Cohesion for #REPowerEU objectives.
Building 🇪🇺 resilience 🛡️
🐦🔗: https://n.respublicae.eu/ElisaFerreiraEC/status/1602937820523671552
#SAFE will enable Member States & regions to use up to 10% of their 2014-20 #Cohesion allocations to:
✔️support SMEs facing high energy prices;
✔️address energy poverty in vulnerable households;
✔️ maintain jobs through sort-time work schemes.
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🐦🔗: https://n.respublicae.eu/ElisaFerreiraEC/status/1602937817088376833