In this exploratory opinion, prepared at the request of the European Commission, the EESC provides its contribution to how environmental laws could be better supported at EU and national level and suggest ways to enhance the role of civil society in the framework of the EIR process.
The EESC echoes the European Parliament's call to phase out all investor schemes and recommends that until then certain mitigation measures are put in place. Member States should be urged to apply a due diligence process without specific duration restrictions and adapted to the high-risk profile of applicants. A coordination mechanism should allow Member States to exchange information on successful and rejected applications for citizenship and residence permits. All agents and intermediaries providing services to applicants should be subject to anti-money-laundering rules as set out in the Fifth Anti-Money Laundering Directive. The EU should encourage all agents providing services to applicants to be accredited and subject to a code of conduct. Authorities should maintain primary responsibility for accepting or rejecting applicants. Authorities must also maintain a set of measures to avoid conflicts of interest or bribery risks.
This additional opinion complements and updates the proposals made in the yearly EESC AGS opinion. The EESC welcomes country-specific recommendations focus on investment and underlines that special attention must be paid to productive investments and investment in social infrastructure to prioritise sustainable growth. Next year's cycle should contain more CSRs to combat the existential threat of climate change. Investment would also be needed to enable the implementation of the social pillar to prevent an increase of social, economic, and environmental inequality. Taxation should favour this type of investment.
The European Institute of Innovation and Technology (EIT) was created in 2008 by Regulation (EC) No 294/2008. Its mission is to respond to major societal challenges by improving the EU's innovation capabilities and performance. Every seven years, the Commission has to submit a proposal for a Strategic Innovation Programme (SIP) which sets out the priority areas and the long-term strategy for the EIT's action, as well as its financial needs.
Blockchain technology contributes to achieving the Sustainable Development Goals (SDGs), empowers citizens, boosts entrepreneurship and innovation, improves mobility and cross-border opportunities for businesses while enhancing transparency for consumers. However, several challenges still remain to be addressed, in particular the urgent matter of providing legal clarity and certainty and protecting privacy.