The EESC welcomes the proposals to set up a Single Resolution Mechanism which, forms an important new building block in developing the banking union. The Committee equally welcomes the proposed Single Bank Resolution Fund and considers it important to ensure that the resolution fund has the financial resources it needs to fulfil its role properly.
Given the EESC specific expertise, the EESC's opinion is particularly sought on the role of the private sector –taking into account its diversity from SMEs to multinational companies- in fostering smart and sustainable economic growth and creating jobs, as well as investing in training, education, research and innovation, key enabling technologies such as information and communication technologies (ICT). Corporate Social Responsibility initiatives, Public-Private Partnerships, joint innovation and inclusive business models could also be issues to be investigated. Possible mechanisms, processes allowing the involvement of the "private sector" in a global partnership for development in a post 2015 framework would also be of interest.
Download — Involvement of the private sector in the post 2015 development framework
The opinion will be making recommendations where weaknesses become apparent. Since the EESC proposed this opinion the European Commission has also announced a public hearing on potential EU initiative for responsible sourcing of minerals coming from conflict-affected and high-risk areas – war zones, post-war zones, and areas vulnerable to political instability or civil unrest. The opinion on essential imports could include the EESC contribution to this initiative.
Download — Securing essential imports for the EU - through current EU trade and related policies
The opinion will set out civil society's perspective on the dual challenge which EU Member States face in dealing with recent waves of immigrants and at the same time fulfilling - or in some cases failing to fulfil - their duty in guaranteeing immigrants' human rights, be it in detention or whilst on high seas. This issue is particularly topical since the European Commission and European Court of Justice are coming increasingly under pressure to act against Member States that fail to meet EU rules.
Download — Irregular immigration by sea in the Euro-Mediterranean region
Planned obsolescence is associated with a form of industrial production that relies on a minimum renewal rate for its products. Although product renewal is necessary, certain abuses need to be addressed. The EESC would like to see a total ban on products with built-in defects designed to end the product's life.
The EESC supports the strategy on adaptation to climate change proposed by the Commission, while at the same underlining that mitigation policies are a key priority given the negative impact that climate change has already had in Europe. The implementation of the new adaptation plan must take account of the fact that higher temperatures in Europe and the possibility of an increased rate of extreme phenomena may cause damage to people, the economy and the environment that is greater than initially thought.
Download — EU strategy on adaptation to climate change
In 2011 the international community launched negotiations on a new international agreement to act collectively to protect the earth's climate system. This agreement, which is to be completed by the end of 2015 and to apply from 2020 onwards, is currently being negotiated through a process known as the "Durban Platform for Enhanced Action" (ADP). The EESC advocates that European engagement should be proactive, ambitious and realistic about what can be accomplished and adaptive to changes in the global environment. Reflecting all three pillars of sustainability as well as transparency and accountability are pre-requisites for any successful future climate agreement. An EU that is able to cope with external challenges will also be able to provide a new driving narrative for its citizens.
Download — The 2015 International Climate Change Agreement
The Committee welcomes the increased attention brought to social investment, a greater targeting of European funds to sound employment and social policies, a dedicated youth employment initiative and youth guarantee scheme, and better cross-border mobility. It also welcomes the foreseen strengthened social dialogue as part of the European Semester process. It particularly supports the idea to step up closer surveillance of employment and social imbalances within the EMU through a systematic monitoring of rates of unemployment, of young people not in employment or training or education, of household income, poverty and inequality. The proposed scoreboard should pro-actively detect asymmetric developments and spill-over into overall economic performance and trigger a timely and effective adjustment mechanism and policy response.
Download — EESC opinion: The social dimension of the Economic and Monetary Union
The Committee EESC firmly believes that broadband access for everyone is key to the development of the European economy and from now on will be an essential element in the creation of new jobs. Yet, on 8 February 2013, under the new multiannual financial framework (MFF), the Council slashed the digital Connecting Europe Facility (CEF) budget to EUR 1 billion. The amended proposal takes into account the latest positions in the Council and in the relevant European Parliament committee. The EESC therefore laments the fact that the Commission's revised proposal envisages deep cuts in the relevant budget and expresses its regret that the Commission has been forced to make far-reaching changes to projects of common interest for the development of broadband networks and digital service infrastructures.
Download — Guidelines for trans-European telecommunications networks
