The emergence of a decentralised digital economy suggests that this could lead to a transformation in setting up businesses, jobs, production, consumption, governance. In view of this and in answer to the Commission's Communication on a new agenda for the collaborative economy, the EESC proposes a series of recommendations to face this new paradigm.
The EESC welcomes and supports the Commission's initiative to anticipate the review of the Regulations on European venture capital funds (EuVECA) and European social entrepreneurship funds (EuSEF). The EESC believes that such a regulation can promote the establishment of a capital markets union. The EESC suggests that in order to expand participation in such investment funds, the hitherto very restrictive access criteria, as well as other restrictive conditions, to be significantly relaxed; the Committee proposes to increase the involvement of non-institutional investors and considers it equally important to create an environment in which the financing objectives of social investment funds can develop.
"Nudges" are small, cheap, easily implemented solutions drawing from behavioural sciences to help people modify their individual behaviours. They consist in inducing towards the most reasonable or responsible option, without forbidding anything, through soft cognitive signals in a wide range of fields, including sustainability. This opinion looks at how to encourage nudging approaches at the European level.
In this opinion, the EESC calls for society to begin an economic transition from over-exploitation of resources and a throw-away culture to a more sustainable, job-rich era, based on quality rather than quantity. In order to cope with the fundamental shift to a new economic model with major systemic consequences in many areas, it is recommended that a new cross-cutting and permanent body be set up in the EESC to analyse these developments.
The EESC is in favour of the Commission's proposal which introduces a new approach to safety rules, based on risk assessment and performance.The EESC also supports the proposal to give EASA greater responsibility for security, in cooperation and in agreement with the Member States.The successful implementation of these changes in working methods and culture require adequate resources and a transparent and inclusive approach.Other key points include:
The EESC advises against amending the substantive provisions on wet lease at this stage and considers that this issue should be addressed when Regulation 1008/2008 is reviewed.
The EESC encourages the Commission to pursue its efforts to develop policy proposals aimed at promoting the creation of innovative and high growth firms. These policy proposals should strengthen the single market, reinforce the clusters and ecosystems in which innovative start-ups are created, develop the equity component of the European capital markets, encourage an academic agenda focusing on jobs for the future and minimise the cost and red tape involved in starting a new entrepreneurial venture.