A resolution has been published, impacting the Euronest Parliamentary Assembly and concerning the enhancement of energy cooperation between the EU and the Eastern Partnership, with the aim of implementing the 2015 Paris Climate Change Agreement.
Euronest Parliamentary Assembly is the inter-parliamentary forum in which members of the European Parliament and the national parliaments of Ukraine, Moldova, Belarus, Armenia, Azerbaijan and Georgia participate, forging loser ties of cooperation on an umber of different issues. The resolution impacts the implementation of the 2015 Paris Climate Change Agreement, which aims to lower carbon emissions to counter climate change. The resolution concerns pursuing common political objectives relating to the Agreement.
It is agreed that to achieve the objectives that are set out in the Agreement, substantial changes will need to be made in relation to both energy systems and wider economies, diversifying the energy mix and improving on efficiency measures and implementing sustainable energy sources at a greater pace than has previously been seen. The issue is of greater impact for nations that are within the Eastern Partnership, where there is less investment regarding such measures and energy generation is still highly dependent on fossil fuels. The resolution states the necessity to create an attractive business climate with appropriate regulatory framework in order to encourage the private sector to invest in renewables, their energy transmission infrastructures and the trading of renewable-generated power across borders. The resolution was published in the Official Journal of the European Union, dated 15th March 2018.
RESOLUTION by the Euronest Parliamentary Assembly on enhancing energy cooperation within the Eastern Partnership, towards the implementation of the 2015 Paris Climate Change Agreement, OJEU C 99 of 15 March 2018