The Committee recommends the Commission to bring forward a comprehensive new package of measures to incentivise the massive new investment needed to deliver these new targets. The package should include a strengthening of the ETS as a cost optimising instrument for guiding investment decisions as well as other measures to: 1) promote energy efficiency in all sectors; 2) increase consumer awareness and capacity to use their purchasing power to favour low carbon goods and services; 3) support investment in the infrastructure that will be needed; 4) promote training and capacity-building in the key sectors.
The central message of this exploratory opinion is the need for a coordinated approach on renewable energies in the region, one that is based on co-development.
This opinion is the EESC's key response to the events in the Euromed region. It provides a thorough analysis of the EU's past failings and the lessons which need to be drawn from them, the most urgent needs facing civil society in the current transition phase, and the longer term perspectives for civil society in the region. The opinion also responds to the two joint communications issued by the European Commission and EEAS on the EU's new Euromed policy, calling for close cooperation between the EU institutions in the region
