Infrastructure which blends Hydrogen with fossil gas is still classed as fossil gas infrastructure.
Caution should be given to claims that new fossil gas infrastructure can be Hydrogen-compatible. Hydrogen should not be used in residential (low grade) heating or power applications due to the limited availability of renewable Hydrogen.
This applies particularly to the inclusion of regions not identified by the Commission in Annex D of the 2020 country reports
Measures to ensure that all new sectors are - and all existing sectors will become - sustainable would, in an ideal plan, be practically executed: for example, by requiring sustainability tests for businesses who receive support for productive investments
An ideal plan should place particular attention on addressing opportunity and employment support access issues for vulnerable or at risk groups, including but not limited to those who have already lost their jobs, workers in associated industries and women.
A measureable sustainability principle should be defined and could include, for example, an ambitious lifecycle emissions performance limit for investments. Notable activities which would lead to unsustainable use of natural resources or which would lead to ecosystem harm include (but are not limited to) construction or investment in nuclear power facilities, unsustainable logging leading to discontinuous forest cover, new hydropower facilities, crop-based biofuels or bioenergy other than limited residual waste anaerobic digestion and new intensive agriculture or aquaculture.
An exclusion list: this should prevent investment in new fossil fuels, unsustainable sectors or projects which would push territorial resources beyond their ecological ceiling.
The EU Sustainability Finance Taxonomy will not enter into force until January 2022. however, the draft delegated acts are available for climate change mitigation and adaptation.
In some plans, activities or actions promoting improvements to environment and biodiversity indicators may be encouraged or supported by project selection criteria, rather than specific proposed activities.
Existing environmental damage could impede future investment and achievement of environmental objectives
Pillar 2 of the Just Transition Mechanism is the InvestEU Guarantee to crowd in private investments for the just transition
Article 3 of the European Code of Conduct on Partnership identifies stakeholders who should be included in the Partnership Agreement for programming, monitoring and evaluation purposes
European Code of Conduct on Partnership