Next Generation Trade and Sustainable Development – Reviewing the 15-point action plan (own-initiative opinion) - Related Opinions
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This Directive will set out a horizontal framework to foster the contribution of businesses operating in the single market to the respect of the human rights and environment in their own operations and through their value chains, by identifying, preventing, mitigating and accounting for their adverse human rights, and environmental impacts, and having adequate governance, management systems and measures in place to this end.
Waste transport can involve hazardous materials that are harmful to human health and the environment. The EU therefore has rules in place on waste shipments (Regulation 1013/2006) and the Commission intends to review the EU rules on waste shipments.
Trade Policy Review - An Open, Sustainable and Assertive Trade Policy
- The common foundation of any EU political engagement leading to an equal development partnership with Africa shall be based on a multidimensional approach, articulating the Sustainable Development Goals (SDGs), the respect of Universal Human Rights (UHRs) - including fundamental rights, the right to a healthy environment and the freedom to conduct a business.
- The EESC advocates promoting a decent life and good prospects, creating a middle class and supporting equal partnerships by strengthening sustainable social-liberal democratic structures in Africa.
- The EESC highlights that the EU strategy on Africa must focus on Development and welcomes the African Continental Free Trade Area (AfCFTA).
- The EESC reiterates the important role of organised civil society in the up-coming ACP-EU Partnership Agreement.
Carbon markets: Emergence, structuring and challenges for European industry (own-initiative opinion)
This opinion deals with three of four megatrends at the heart of the new Commission priorities: climate change, biodiversity loss and globalisation. While the European Green Deal will result in higher environmental standards with, for instance, stricter climate change targets, it is important that all Free Trade Agreements (FTAs) are not undermining these improvements by contributing to deforestation or biodiversity loss in other countries. As one of the world's largest importer of energy, agricultural goods and raw materials, the EU has contributed to deforestation and biodiversity loss in other countries.
Key points
Global supply chains (GSC) are key and complex in economic activities across the world and in global trade. Economic growth, job creation and entrepreneurship are also contested by evidence of negative implications for working conditions as well as for sustainability in some supply chains.
The COVID-19 crisis has unveiled the serious downfalls related to highly fragmented and undiversified supply chains. It exposed the vulnerability of workers' health and safety, and it highlighted violations of human rights. Trade will have to play a key role in promoting a sustainable economic recovery. However, stronger instruments need to deliver on a socially and environmentally responsible business, trade and investment agenda.
GSC need to become more resilient, diversified and responsible, and ambitious actions need to ensure they contribute to a fairer economic and social model, based on sustainability and decent work.