Jobs and growth initaitive

There are major changes being made in the French energy sector with the goal to not only improve the existing policies, but to also boost social progress. The project will work off of the goals set by the Paris Agreement to create new jobs, with the ambitious aim of using €100 billion to create 1 million jobs. Although this was recently launched in France, the idea was actually created seven years ago in the UK and has since been implemented and appreciated in Norway, South Africa, and Portugal.

On 6th December 2016, the Council agreed its stance on a proposal to extend the lifespan of the European fund for strategic investments (EFSI), the EU's flagship initiative under its 'investment plan for Europe'.  The agreed compromise involves extending the EFSI in terms of both duration and financial capacity, mobilising at least half a trillion euros of investments by 2020.