“The European Council acknowledges the need to ensure energy security and to respect the right of the Member States to decide on their energy mix and to choose the most appropriate technologies. Some Member States have indicated that they use nuclear energy as part of their national energy mix.”
“This explicit nuclear mention was required by the Czech Republic and Poland. I did not need it. But it is true that one can't ask countries whose domestic production relies for 60 or 70% on coal to switch to all renewable overnight."
4. The transition will require significant public and private investments. In this context, the European Council welcomes and supports the announcement by the EIB that it intends to support EUR 1 trillion of investment in climate action and environmental sustainability in the period from 2021 to 2030. It underlines that the next MFF will significantly contribute to climate action. Invest EU has an important role in leveraging private investments for the transition. Tailored support for regions and sectors most affected by the transition will be made available from the forthcoming Just Transition Mechanism. The European Council welcomes the European Commission’s announcement that its forthcoming proposals will aim at facilitating EUR 100 billion of investment through the Just Transition Mechanism. Funding of transformation efforts must continue after 2030.