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European Committee of the Regions to adopt proposals to improve €315bn EU Investment Plan

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The 111th plenary session of the Committee of the Regions (CoR) of the European Union took place in Brussels, Belgium, on 16-17 April 2015.

 

The key issue for debate during the session was the need to ensure that all EU regions and cities benefit from and contribute to the € 315bn EU Investment plan, launched by the European Commission in November 2014. A draft opinion on this matter was presented for discussion, which provides proposals to improve the European Fund for Strategic Investments (EFSI) regulation, seeking to increase public and private investment at regional level, as well as to ensure that less developed territories are able to take advantage of the new fund.

 

Building sector

 

One of the main topics on the plenary agenda was the resource efficiency in Europe building sector. At the plenary, the CoR opinion on the Commission's plans was presented. According to this opinion, "the role of local and regional authorities will be overlooked, despite the fact that they have a major role in spurring on resource efficiency and reducing environmental impact". The draft opinion also suggests that the EU should help less developed regions meet the challenges involved in sustainable buildings and facilitate the expansion of green infrastructure.

 

 

For further information, please visit the relevant Committee of the Regions website: http://cor.europa.eu/en/news/Pages/cor-to-adopt-proposals-to-improve-315bn-euros-eu-investment-plan.aspx

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