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Commission Implementing Regulation (EU) 2020/1001 laying down detailed rules for the application of Directive 2003/87/EC of the European Parliament and of the Council as regards the operation of the Modernisation Fund supporting investments to modernise the energy systems and to improve energy efficiency of certain Member States.

Country/Territory
European Union
Document type
Regulation
Date
2020
Source
FAO, FAOLEX
Original source
Official Journal of the European Union L 221, 10 July 2020, pp. 107-121.
Subject
Energy
Keyword
Data collection/reporting Energy conservation/energy production Financing Inspection Monitoring Renewable energy Special fund
Geographical area
European Union Countries
Entry into force notes
This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.
Abstract

This Regulation lays down detailed rules on the operation of the Modernisation Fund supporting investments to modernise the energy systems and to improve energy efficiency of certain Member States as regards (a) submission of proposals for financing of investments; (b) assessment of priority investments and non-priority investments; (c) management, disbursement and payment of the resources from the Modernisation Fund; (d) composition and operation of the Investment Committee for the Modernisation Fund; (e) monitoring, reporting, evaluation, and auditing; and (f) information and transparency. The implementation of the Modernisation Fund shall contribute to the attainment of the objectives of the European Green Deal, by supporting green and socially just transition.

Full text
English
Website
eur-lex.europa.eu

References - Legislation

Implements

Directive 2003/87/EC of the European Parliament and of the Council establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC.

Legislation | European Union | 2003 (2023)

Keyword: Pollution control, Air quality/air pollution, Ozone layer, Climate change, Emissions, Authorization/permit, Policy/planning, Monitoring, Data collection/reporting, Environmental standards, Emissions trading, Capacity building, Financing, Renewable energy, Research, Standards, Protection of environment, Afforestation/reforestation, Forest management/forest conservation

Source: FAO, FAOLEX