The EESC strongly supports the goal of redirecting investments in such a way that they contribute to the EU's transition to a sustainable economy but calls for the social partners and civil society to be brought better on board in the design and implementation of sustainable finance. The EU green bond standard has the potential to yield significant economic benefits for both issuers and investors alike and help the green transition.
The coronavirus pandemic has hit the health of Europe's citizens and its economy hard, notably its industrial production. The European companies in the sectors with high consumption of resources and energy (REIIs) were already in a precarious situation, and are now undergoing this further, unexpected, crisis.
Download — EESK:s yttrande: How REIIs (Resources and Energy Intensive Industries) can take advantage of the EU Recovery Plan in their socially acceptable transition towards de-carbonisation and digitalisation (own-initiative opinion)
This opinion will provide the civil society perspective on the Carbon Border Adjustment Mechanism. The main purposes of the Carbon Border Adjustment Mechanism (CBAM) would be to discourage EU businesses from moving their production to countries with less ambitious climate change policies (carbon leakage) and to encourage a global move towards net zero carbon emissions by 2050 in line with the Paris Agreement.
The EESC highlights the potential of Euro-Mediterranean trade to contribute to sustainable development in the Euro-Mediterranean area and consequently encourages and supports the modernisation and extension of the bilateral Free Trade Agreements included in the eight Euro-Mediterranean Association Agreements.
Download — Information report: Trade relations between the EU and its Southern Mediterranean partners and their potential impact on sustainable development (information report)
During the COVID-19 crisis, the EU developed a wide range of health policy responses and initiatives, while also tackling the economic fallout of the pandemic. Many difficulties were encountered, but while some of them have been addressed, longer-term solutions are needed for mitigating future health crises.
In this opinion, the EESC comments on the Commission's evaluation of the measures taken so far to fight the pandemic and on the ten lessons learnt and proposes various recommendations in the field of crisis management, health protection, social and societal aspects, economy and finance, society and technology, international relations and democratic standards.
Download — EESK:s yttrande: Emerging stronger from the pandemic: acting on the early lessons learnt
Recent years have been marked by a persistent global decline in democratic values and the rule of law. While many differences remain and have to be acknowledged, North America has unquestionably been our closest historical ally in championing democracy and its values across the world. The arrival of the new administration in the US has provided a new momentum and a unique opportunity to build the new transatlantic partnership and jointly manage not only the internal, but also global challenges, especially with regard to powers which do not share the same values, such as China or Russia. President Biden's initiative to organise a Summit for Democracy at a time when autocracies are on the offensive is only the first step in building a strong international democratic alliance.
Download — EESK:s yttrande: A strong transatlantic partnership based on the common values of democracy and the rule of law, key in tackling global challenges and preserving international order (own-initiative opinion)
