In the determination of the indicative allocations, adjustments may be made to reflect the need for a balance between the contributions from the ERDF and the contributions provided under this Regulation, as well as other factors affecting the intensity of cooperation, such as the specific characteristics of border areas and their capacity to manage and absorb Union support.

119. Points out that free allocation does not address the economic rationale for pricing carbon into products; notes that a recent study conducted for the Commission found no evidence of any carbon leakage in the past two ETS trading periods; emphasises that, in order to mitigate the potential future risk of carbon leakage, part of the ETS auction revenues should be earmarked for capital-intensive investments in breakthrough technologies in energy-intensive sectors or for encouraging other means of job creation e.g. reducing taxes on labour;

121. Points out that free allocation does not address the economic rationale for pricing carbon into products; notes that a recent study conducted for the Commission found no evidence of any carbon leakage in the past two ETS trading periods; emphasises that, in order to mitigate the potential future risk of carbon leakage, part of the ETS auction revenues should be earmarked for capital-intensive investments in breakthrough technologies in energy-intensive sectors or for encouraging other means of job creation e.g. reducing taxes on labour;

When determining the indicative allocations, adjustments may be made to reflect the need for a balance between the contributions from the European Regional Development Fund and the contributions provided under the budget of this Instrument as well as other factors affecting the intensity of cooperation, such as the specific characteristics of border areas and their capacity to manage and absorb Union support.

E. whereas one of the five major objectives of the Europe 2020 strategy is the soft target – i.e. not coupled with sanctions – of reducing the number of people at risk of poverty by 20 million, on the basis of three indicators agreed upon by the Member States (the at-risk-of-poverty rate after social transfers, the severe material deprivation index and the percentage of people living in jobless households or households with very low work intensity); whereas, although this target acknowledges the importance of combating poverty and s ...[+++]ocial exclusion, the figures of 116 million people at risk of poverty and 42 million living in conditions of severe material deprivation mean that, from the outset, it reflects the abandonment of millions of people in Europe, with the associated risk of generating threshold effects which exclude the most vulnerable people from the scope of policies geared to measurable results; whereas, if the most intractable situations are not addressed from the outset, the policies implemented will have no impact on them; whereas the European Platform against Poverty is one of the seven flagship initiatives of the Europe 2020 strategy;

E. whereas one of the five major objectives of the Europe 2020 strategy is the soft target – i.e. not coupled with sanctions – of reducing the number of people at risk of poverty by 20 million, on the basis of three indicators agreed upon by the Member States (the at-risk-of-poverty rate after social transfers, the severe material deprivation index and the percentage of people living in jobless households or households with very low work intensity); whereas, although this target acknowledges the importance of combating poverty and so ...[+++]cial exclusion, the figures of 116 million people at risk of poverty and 42 million living in conditions of severe material deprivation mean that, from the outset, it reflects the abandonment of millions of people in Europe, with the associated risk of generating threshold effects which exclude the most vulnerable people from the scope of policies geared to measurable results; whereas, if the most intractable situations are not addressed from the outset, the policies implemented will have no impact on them; whereas the European Platform against Poverty is one of the seven flagship initiatives of the Europe 2020 strategy;