The EU is well on track to achieve the 2020 targets on greenhouse gas emissions reductions. However, maintaining a healthy trajectory towards a carbon-neutral economy will demand clear investment planning in R&D and infrastructure, significant clean energy deployment and political will, both internationally and at home, over the coming decades.
The success of the new Industrial Strategy will depend on the way it is implemented. Business organisations are calling for a broad, horizontal approach to industrial policy – these are some of the conclusions of the seminar on Industrial Policy that took place on 18 December in Brussels. The participants of the discussion presented their views on a recent proposal by the European Commission on industrial policy.
The Commission's proposal on industrial policy is a step in the right direction, but the EU needs a long term, comprehensive strategy: this is one of the conclusions of the debate at the Employers' Group meeting on 6 December 2017. The aim of the debate was to contribute to two opinions on industrial policy that the EESC is currently working on.
Transition to a circular economy is a must if we are to protect our planet, but also if we are to increase the competitiveness of European industry. This is a long-term process that will require numerous initiatives at European, national and regional level. Companies see the circular economy as an opportunity. "Going green" is beneficial not only for the environment, but also for businesses, providing real savings in terms of raw materials, water and energy. Apart from its environmental and economic benefits, the circular economy also has social advantages, providing new jobs and new business models.