You are here
Ambiente - Related Opinions
Finance needs to be mobilised to serve the goals of the Paris Agreement on climate change, create jobs and enable Europe to have a leadership in climate technologies. Moreover, money flows need to be re-directed from polluting technologies towards innovative solutions that will help Europe close the emissions gap. Admittedly, these investments will all be profitable in the long run, but how to "prime the pump"? The EESC's own-initiative opinion on the European Finance-Climate Pact will suggest solutions that can make it happen.
The EESC supports the Commission's Action Plan on financing sustainable growth, aimed at reorienting capital flows towards sustainable investment, and welcomes the legislative proposals stemming from it, on fiduciary duties, a taxonomy and benchmarks. The proposed gradual approach for its implementation, beginning with the work on a European sustainability taxonomy, is preferable. However, a subsequent extension of the initial taxonomy, based on environmental aspects, to social sustainability and governance goals will be necessary. Attention should be paid to the feasibility and proportionality of legal obligations.
Persistent organic pollutants ("POPs") are chemical substances that persist in the environment, bioaccumulate through the food web, and pose a risk to human health and the environment.
The aim of this proposal for a regulation is that the Commission has identified needs to update and recast the existing regulation on Persistent Organic Pollutants that dates back to 2004.
With this opinion the EESC welcomes the Commission's proposals in principle as a balanced compromise between the objectives of climate-neutral mobility, the innovation capacity of the European automotive industry and preserving quality jobs. In particular, the EESC considers the planned interim target for 2025 of a 15% reduction in emissions compared to 2021 to be very demanding as the required changes are to be made to combustion engines at the cutting edge of technology. Despite this, the EESC views the market development towards zero-emission vehicles and low-emissions vehicles and hybrids as an opportunity. Furthermore the EESC calls for a mid-term review for 2024 to include the state of play regarding the qualification and (re)training of staff as well as an updated analysis of the areas in which (additional) action is required.
The 2030 UN Agenda, or the implementation of the Sustainable Development Goals, will be one of the top global priorities over the next 15 years, yet it received very little mention in the Commission Communication "Trade for all". Trade is specifically mentioned with regard to nine SDGs (but only once in the MDGs). UNCTAD estimate that, to meet the 17 goals and the 169 targets, at least an extra US$2.5 trillion a year will need to be found - effectively from the private sector. This opinion would seek to look into this further and aim to evaluate how much of that will need to come through trade and investment.
The Commission recently published a Communication on a Renewed Partnership with the ACP Group of countries. ACP-EU relations are currently governed by the Cotonou Partnership Agreement that will expire in 2020, therefore the Commission has published recommendations on what the future structure should be. Last year the EESC already drafted a general opinion on the post-Cotonou framework; this new opinion will have to answer specifically to the Commission's communication.
With this opinion, the EESC welcomes the proposal to monitor and disseminate CO2 readings of HDVs newly registered in EU, and provides customers with clear information concerning consumption. A balance should be striked between targets that can be achieved in the short to medium-term and the longer-term goal of zero-emission road transport.
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.