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.
537th Plenary session, 19-20 September 2018 - Related Opinions
A variety of tools and methods are currently used to undermine European values and external actions of the EU, as well as to develop and provoke separatist and nationalistic attitudes, manipulate the public and conduct direct interference in the domestic policy of sovereign countries and the EU as a whole. Moreover, the growing influence of cyber offensive capabilities and increased weaponization of technologies to achieve political goals is observed. The impact of such actions is often underestimated.
The EESC agrees with the Commission's call for more responsibility on the part of social media platforms. However, despite the existence of several studies and policy papers produced by European specialists in the last few years, the Commission's communication lacks any practical mandatory steps to ensure this.
The EESC welcomes the proposal for a regulation presented by the European Commission on a mechanism to resolve legal and administrative obstacles in a cross-border context. The proposal reflects a new approach and is likely to strengthen the opportunities for cooperation based on subsidiarity between different Member States, and to contribute to more balanced and sustainable socio-economic development of border regions and to the growth of EU GDP.
The EESC agrees with the European Commission about the need to modernise and simplify EU consumer policy and considers that the new legislative package contributes to bridging the gap created by the exponential growth of e-commerce, undermining consumer confidence and causing distortions to the single market.
Europeans need more (and better) Europe. The powers and financial resources currently allocated to the EU have been increasingly misaligned with the concerns and expectations of Europeans. The EESC, in accordance with the European Parliament's position, therefore proposes that the expenditure and revenue figure reach 1.3% of GNI. The proposed level of commitments of 1.11% of the EU's GNI is too modest to credibly deliver on the political agenda of the EU.
The EESC recognises the high European added value of the programmes where the MFF 2021-2027 concentrates the main increases in expenditure. However, the Committee questions the fact that these increases are made at the cost of strong cuts in cohesion policy (-10%) and the Common Agricultural Policy – CAP (-15%).
The Internet of Things (IoT), thanks to its interconnectivity of persons and objects, offers a vast range of opportunities for individuals and businesses. These opportunities must be backed by a series of safeguards and controls so as to ensure introduction of the IoT is problem-free. With this opinion the EESC aims to promote awareness-raising and digital capacity-building initiatives and calls inter alia on the European institutions and EU Member States to ensure that security and privacy are protection by building appropriate regulatory frameworks that contain strict monitoring and control provisions.
The EESC welcomes the Commission's proposal for a regulation and considers it to be an important first step towards promoting fairness and transparency for business users of online intermediation services. The EESC believes that this proposal is particularly important because it constitutes the first attempt to regulate B2B relations in the area of e-commerce, and recommends that it be approved swiftly in order to plug a clear legislative gap.
The EESC underlines European territorial cooperation (ETC) is a unique instrument of cohesion policy and one of the very few frameworks in which national, regional and local players from different Member States are systematically called upon to carry out joint measures and exchange practices and strategies.
The EESC flags up the potential of AI and would like to give its input to efforts to lay the groundwork for the social transformations which will go hand in hand with the rise of AI and robotics.
The Committee considers that the Commission's proposal for setting up a European Labour Authority (ELA) is, if adequately implemented, an important step in the right direction towards improving cross-border mobility, enforcing European and national legislation, fostering cooperation between national labour market authorities and improving access to adequate and up-to-date information, tackling illegal activities and strengthening the internal market, provided that the ELA respects national and European competences and the Member States demonstrate their support and cooperation.