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Campaign for
Take-Off (CTO)
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Download
the full CTO text (pdf format) in various languages |
Focusing on certain key sectors, the Campaign
for Take-Off sets out a framework for action to highlight investment opportunities
and attract the necessary private funding which is expected to make up
the lion’s share of the capital required. The Campaign also seeks to encourage
public spending to focus on the key sectors, and, in the process, to complement
a trigger private investment.
The
Campaign will be a highly visible vehicle, involving key
sectors (solar, wind energy and biomass), for the drive towards a
significant increase in renewables use and penetration.
The White Paper for a Community
Strategy and Action Plan, Energy for the Future: Renewable Sources of
Energy, sets an indicative objective of 12% for the contribution of renewable
sources of energy (RES) to the European Union´s gross inland energy consumption
by 2010 The comprehensive strategy and action plan outlined in the White
Paper sets out the means to reach this objective: regulation to create
favourable framework conditions for RES, and increased funding for RES
under programmes, both at national and Community levels.
In its Resolution on the White Paper, the Council welcomed the idea of
the Campaign for Take-Off (CTO) as a means to raise interest among industry,
investors and the public and invited the Commission to bring forward detailed
proposals. Likewise, the European Parliament , the Committee of the Regions
and the Economic and Social Committee have welcomed the CTO.
The CTO proposed in the White Paper forms an integral part of the Community
Strategy. It is designed to kick-start the implementation of the Strategy
and is expected to have reached its goals by 2003. Focusing on certain
key sectors proposed and elaborated below, it sets out a framework for
action to highlight investment opportunities and attract the necessary
private funding which is expected to make up the lion's share of the capital
required. The Campaign also seeks to encourage public spending to focus
on the key sectors, and, in the process, to complement private investment.
Investments necessary to achieve the goals of the CTO would have to come
primarily from the private sector. A strong commitment from industry and
other potential investors is therefore crucial. Equally important, Member
States close involvement is required, both through marketing the ideas
of the Campaign and focusing programmes and schemes on its objectives.
A Renewable Energy Partnership could strengthen the necessary co-operation
at Community level.
In preparing the CTO, Member States were invited to provide information
on existing and planned RES policies and programmes including their preferences
for sectors to be given priority under the CTO. The recommendations from
the Community Institutions, the replies from Member States together with
other relevant information, in particular on national and Community programmes
have been used to help design the CTO.
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