The EESC supports the objectives of the Commission's package on securitisation, and recommends to ensure that the freed-up capital is used to fund the real economy, introduce safeguards for consumers and investors, guarantee financial stability, and avoid weakening, to the extent possible, international standards.
Among the measures to make it possible, the EESC recommends a two-years reporting period, the introduction of a fast-track mechanism, taking additional measures to preserve the long-term relationship between lenders and borrowers, and introducing social, environmental and governance information in the revised reporting templates.
The EESC assesses how the EU’s sustainable finance framework can be made more robust and fit for purpose given its importance for the EU’s economic, social and climate objectives. The EESC affirms that simplification should not come at the cost of ambition. While administrative streamlining is needed, the focus should be on how requirements can be implemented more effectively, not on weakening standards. The EU’s regulatory strength and predictability are important competitive advantages that should be preserved amid growing geopolitical and economic uncertainty.
The EESC opinion looks into how industry practices influence public health and contribute to the rise of non-communicable diseases, aiming to identify barriers to effective policies and propose stronger preventive measures.
This opinion intends to discuss the relationship between water resilience, digitalisation and the green transition. It aims to propose recommendations to address the different challenges involving water, digitalisation and decarbonisation from an industrial perspective.
Download — Tuairim ó CESE: Water resilience and the twin transitions: Industrial approaches addressing the relationship between water, digitalisation and decarbonisation
