2248

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Policy area
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European forest strategy – The way forward

30-09-2020

Forests and woods cover nearly half of the land surface of the EU. They play a vital role as they have the potential to mitigate the effects of climate change, provide many ecosystem services, contribute to the development of the circular bio-economy and provide employment for some 2.6 million people, in particular in rural areas. The European Parliament is expected to vote during its October I plenary session on an own-initiative report emphasising the need for an ambitious and strong EU forest ...

Forests and woods cover nearly half of the land surface of the EU. They play a vital role as they have the potential to mitigate the effects of climate change, provide many ecosystem services, contribute to the development of the circular bio-economy and provide employment for some 2.6 million people, in particular in rural areas. The European Parliament is expected to vote during its October I plenary session on an own-initiative report emphasising the need for an ambitious and strong EU forest strategy beyond 2020, aligned with the European Green Deal and the 2030 biodiversity strategy, and coordinated with the Farm to Fork strategy.

Gender balance on company boards

30-09-2020

In 2012, the European Commission proposed a directive to improve gender balance on company boards. It required that the under-represented sex make up 40 % of board members of companies listed on stock exchanges. Although the European Parliament supported the proposal in 2013, the directive has still not been adopted due to reservations from several Member States in the Council. Parliament is expected to hold a debate on the state of play of the proposed directive during its first October plenary ...

In 2012, the European Commission proposed a directive to improve gender balance on company boards. It required that the under-represented sex make up 40 % of board members of companies listed on stock exchanges. Although the European Parliament supported the proposal in 2013, the directive has still not been adopted due to reservations from several Member States in the Council. Parliament is expected to hold a debate on the state of play of the proposed directive during its first October plenary session.

Further development of capital markets union

30-09-2020

Actions taken to create a capital markets union (CMU) should have as their objective improving the range of financing options offered to companies and citizens. The European Parliament's Committee on Economic and Monetary Affairs has adopted an own-initiative report on further development of the CMU, expected to be voted during the October I plenary session. It calls for specific measures to help finance businesses, promote long-term and cross-border investment, strengthen market architecture and ...

Actions taken to create a capital markets union (CMU) should have as their objective improving the range of financing options offered to companies and citizens. The European Parliament's Committee on Economic and Monetary Affairs has adopted an own-initiative report on further development of the CMU, expected to be voted during the October I plenary session. It calls for specific measures to help finance businesses, promote long-term and cross-border investment, strengthen market architecture and support retail investors, as well as the adoption of a framework for digital finance.

Framework for achieving climate neutrality

30-09-2020

The European Green Deal aims to make the EU climate-neutral by 2050, a target supported by the European Parliament and Member States. On 4 March 2020, the European Commission adopted a legislative proposal for a new European Climate Law establishing a framework for achieving the climate-neutrality objective. On 17 September, the Commission amended the proposal to introduce a target of 55 % reduction in greenhouse gas (GHG) emissions by 2030. In Parliament, the report of the Committee on Environment ...

The European Green Deal aims to make the EU climate-neutral by 2050, a target supported by the European Parliament and Member States. On 4 March 2020, the European Commission adopted a legislative proposal for a new European Climate Law establishing a framework for achieving the climate-neutrality objective. On 17 September, the Commission amended the proposal to introduce a target of 55 % reduction in greenhouse gas (GHG) emissions by 2030. In Parliament, the report of the Committee on Environment, Public Health and Food Safety (ENVI), calling for a 60 % emission reduction by 2030, is due to be voted in plenary in October.

Regulating digital finance

30-09-2020

The use of new technologies to enable and enhance the activities of the financial sector has the potential to provide significant benefits, including efficiency gains, cost reductions, improved data management and transparency. At the same time, it entails risks in fields such as financial stability, financial crime and consumer protection. These risks may further increase due to the fragmented regulatory landscape in the EU, and uneven global developments in regulating the sector. There is therefore ...

The use of new technologies to enable and enhance the activities of the financial sector has the potential to provide significant benefits, including efficiency gains, cost reductions, improved data management and transparency. At the same time, it entails risks in fields such as financial stability, financial crime and consumer protection. These risks may further increase due to the fragmented regulatory landscape in the EU, and uneven global developments in regulating the sector. There is therefore a need for the EU to create a comprehensive and stable regulatory framework in this area. Parliament is expected to debate a legislative-initiative report with recommendations to the European Commission to act in this area during its October I plenary session.

Amending Budget No 7/2020: Update of revenue (own resources)

30-09-2020

The purpose of Draft Amending Budget No 7/2020 (DAB 7/2020) is to update the revenue side of the budget, taking into account the latest economic developments. Due to the coronavirus pandemic, the outlook for the European economy has changed significantly since the budget was adopted. DAB 7 proposes the following adjustments on the revenue side of the 2020 budget: an update of the estimates for traditional own resources, the own resources based on the value added tax and gross national income. Further ...

The purpose of Draft Amending Budget No 7/2020 (DAB 7/2020) is to update the revenue side of the budget, taking into account the latest economic developments. Due to the coronavirus pandemic, the outlook for the European economy has changed significantly since the budget was adopted. DAB 7 proposes the following adjustments on the revenue side of the 2020 budget: an update of the estimates for traditional own resources, the own resources based on the value added tax and gross national income. Further updates concern the United Kingdom correction, other revenue taking into account paid-up fines and penalty payments up to June 2020, as well as negative exchange rate differences. The European Parliament is expected to vote on the Council's position on DAB 7/2020 during the October I plenary session.

Coronavirus vaccines strategy

29-09-2020

On 17 June 2020, the European Commission presented a strategy to accelerate the development, manufacturing and deployment of vaccines against the coronavirus disease (Covid-19). The strategy aims to secure high quality, safe, effective and affordable Covid-19 vaccines for all in the EU within 12-18 months, if not earlier. To this end, the Commission has started to enter into advance purchase agreements with vaccine producers on behalf of the EU Member States. With the Coronavirus Global Response ...

On 17 June 2020, the European Commission presented a strategy to accelerate the development, manufacturing and deployment of vaccines against the coronavirus disease (Covid-19). The strategy aims to secure high quality, safe, effective and affordable Covid-19 vaccines for all in the EU within 12-18 months, if not earlier. To this end, the Commission has started to enter into advance purchase agreements with vaccine producers on behalf of the EU Member States. With the Coronavirus Global Response initiative and its participation in the COVAX facility, the EU is also positioning itself as a leader of global solidarity effort to speed up universal access to vaccines.

EU cyber sanctions: Moving beyond words

25-09-2020

The EU recognises that cybersecurity and cyber-defence are critical for its prosperity, security and global ambitions. Offensive cyber-attacks by malicious actors show no sign of slowing down (not even during the coronavirus pandemic) and thus require concrete dissuasive measures. In July 2020, the EU Member States decided for the first time to use the 'teeth' rooted in the EU cyber-diplomacy framework and to 'bite cyber perpetrators back' by placing sanctions on them. This precedent has helped reinforce ...

The EU recognises that cybersecurity and cyber-defence are critical for its prosperity, security and global ambitions. Offensive cyber-attacks by malicious actors show no sign of slowing down (not even during the coronavirus pandemic) and thus require concrete dissuasive measures. In July 2020, the EU Member States decided for the first time to use the 'teeth' rooted in the EU cyber-diplomacy framework and to 'bite cyber perpetrators back' by placing sanctions on them. This precedent has helped reinforce the EU's cyber policy action.

How the coronavirus pandemic shook up our relationship with food

24-09-2020

First there was panic-buying. There were concerns over safety: could one be infected by food? Realisation of the efforts of supermarket staff, truck drivers and warehouse staff to keep food coming to customers. Spring amidst closed borders awakened us to how much we depend on foreign farm workers to pick fruit and vegetables. There were campaigns for furloughed employees to go and work on farms. Then came news about the conditions endured by some foreign workers in the food-processing industry. The ...

First there was panic-buying. There were concerns over safety: could one be infected by food? Realisation of the efforts of supermarket staff, truck drivers and warehouse staff to keep food coming to customers. Spring amidst closed borders awakened us to how much we depend on foreign farm workers to pick fruit and vegetables. There were campaigns for furloughed employees to go and work on farms. Then came news about the conditions endured by some foreign workers in the food-processing industry. The rollercoaster of the coronavirus crisis has changed our relationship with food, but whether just temporarily or for good, remains to be seen.

The need for solidarity in EU asylum policy

23-09-2020

In early September 2020, a fire in the over-crowded migrant camp of Moria in Greece pushed thousands of people onto the streets, exacerbating the already dire conditions faced by asylum-seekers and migrants. The incident also shows the need to find a solution to a crisis of solidarity in EU asylum policy that has remained unresolved since the unprecedented influx of migrants into the EU in 2015. The European Commission presented a new Pact on Asylum and Migration on 23 September 2020. In that, it ...

In early September 2020, a fire in the over-crowded migrant camp of Moria in Greece pushed thousands of people onto the streets, exacerbating the already dire conditions faced by asylum-seekers and migrants. The incident also shows the need to find a solution to a crisis of solidarity in EU asylum policy that has remained unresolved since the unprecedented influx of migrants into the EU in 2015. The European Commission presented a new Pact on Asylum and Migration on 23 September 2020. In that, it puts forward a compromise on solidarity and fair sharing of responsibility for asylum-seekers among EU Member States.

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