During the third ASEAN-EU Dialogue on Sustainable Development, European Union Commissioner for International Partnerships Jutta Urpilainen launched on November 18 a Green Team Europe Initiative in partnership with the Association of Southeast Asian Nations (ASEAN)/South East Asia.
The initiative, backed by an preliminary €30 million grant from the EU funds, will strengthen the EU’s partnership with the area in areas together with local weather motion, environmental and biodiversity safety, clear power transition, catastrophe resilience, prevention of unlawful logging, wildlife trafficking and air air pollution, the EU Commission stated.
“As strategic partners, the EU and ASEAN share a joint commitment to fostering a fairer, greener, and more sustainable future,” Urpilainen stated. “Building back better is about supporting our economies and creating decent employment opportunities while also addressing climate change, tackling pollution, and protecting biodiversity. It requires rethinking our approach to development in the context of a rapidly warming and increasingly interconnected planet. Our Green Team Europe Initiative is a ground-breaking step going forward and I am very pleased to take this step with our partners in South-East Asia,” she added.
As a part of the EU’s total Green Deal diplomacy, this initiative gives the framework for coordinated inexperienced motion between taking part Team Europe companions (Austria, Denmark, France, Germany and Romania, in addition to the European Investment Bank) and ASEAN and its Member States, searching for synergies between their respective political frameworks: specifically the European Green Deal and the ASEAN Community Vision 2025. The Initiative shall be applied each at nationwide and regional ranges within the ASEAN area.
The EU will allocate a grant of €30 million to cowl programmes and tasks to assist the implementation of the Team Europe Initiative. This is barely part of the funding that Team Europe companions will mobilise within the context of this Initiative.
In December 2020, the EU and ASEAN elevated their relations to a Strategic Partnership with ASEAN.
South-East Asia (SEA) is among the many most weak areas on the planet to the impacts of local weather change, with 5 of the 20 international locations most affected by local weather change in SEA.
To tackle this problem, this Team Europe Initiative (TEI) affords a framework for a Green Initiative in South East Asia, searching for synergies between the European Green Deal and the ASEAN Community Vision 2025, selling the joint dedication to a long-lasting and sustainable transformation in the direction of round, climate-neutral and environmentally sustainable economies and resilient ecosystems. This can show the transformative energy of the European Green Deal and strengthen the EU partnerships with the area.
This regional TEI will goal to additional strengthen the constructive and already robust partnership with ASEAN and provides momentum to the joint commitments to implement worldwide agreements such because the Paris Agreement, together with by selling inexperienced financial insurance policies fostering local weather motion.
The Commission stated it’s going to allocate a grant of €30 million from the Neighborhood, Development and International Cooperation (NDICI) – Global Europe to cowl programmes and tasks to assist the implementation of the Team Europe Initiative, which shall be outlined within the coming months.
In assist of this initiative, your entire EU exterior motion toolbox may be mobilised: diplomacy, coverage dialogue, commerce insurance policies and growth cooperation together with funds assist, mixing (EFIs) and the investments fostered below the ESFD+.
The TEI will assist make sure the continuation and strengthening of related regional and bilateral EU initiatives (EU-ASEAN High-level dialogue (HLD) on Environment and Climate Change, FLEGT, ASEAN Catalytic Green Finance Facility (ACGF), and many others.) and shall be coordinated with all related Commission companies and EU Delegations within the area.