The European Union and its Member States must stand united to protect their sovereignty. The EESC firmly believes that if Europe is to maintain its leading role in the world, it needs a strong, competitive industrial base. The EESC recognises the crucial importance of shifting to a carbon-neutral economy and of reversing the current curve of biodiversity collapse. Without a green industrial strategy as a cornerstone of the Green Deal, the EU will never succeed in reaching a carbon-neutral economy within one generation. The new industrial strategy must ensure the right balance between supporting European businesses, respecting our 2050 climate neutrality objective and providing consumers with incentives to shift consumption to sustainable goods and services .
New challenges and opportunities for EU industry during the COVID-19 crisis - Related Opinions
This own-initiative opinion refers to what a comprehensive approach to industrial policy should include, in order to reposition European production of goods and services in the global context, on the basis of an eco-social open market model that responds to the tradition and the future of the EU.
The opinion pleads for an holistic approach to reconcile growth, climate, environmental challenges and societal problems in a fair transition design.
It underlines that Europe's renaissance ( rEUnaissance) means a fully fledged master plan for European industry, mainstreaming industrial policy across all EU policies, enabling industry to transform and generating industrial added value through creativity and smart design, social innovation and fostering new sustainable and inclusive industrial models.
As a key driver of productivity and innovation, industry has always been a cornerstone of economic prosperity in Europe. We can rely on a strong industrial base, but important efforts are needed by Member States, EU institutions and most importantly industry itself to maintain and reinforce Europe's industrial leadership in the age of globalisation, sustainability challenges and rapid technological change.
The Bulgarian Presidency invited the EESC to draw up an exploratory opinion aimed at identifying a global approach to EU industrial policy that takes into account the need to improve the business environment and to support the competitiveness of industry.
Tuairim ó CESE: Adopting a comprehensive approach to industrial policy in the EU – improving business environment and support for the competitiveness of the European industry (exploratory opinion at the request of the Bulgarian Presidency of the Council)
This Committee opinion, prepared in response to the commission's request, has taken stock of the views of European stakeholders on how EU policies and regulatory action can use sustainable economic models to transition successfully towards economic modernisation by reconciling economic prosperity and efficiency, social inclusion and environmental responsibility.
The EESC fully backs the objective of switching to a greener, resource-efficient and circular economy. It is happy to see that the Commission has come forward with a broader set of proposals covering all the stages of the product lifecycle compared to the previous circular economy package; however, it raises concern over the lower level of ambition, which is likely to lead to lower economic and environmental benefits.