LEAK: EU set to maintain national CO2 targets for non-ETS sectors
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Study – Research for TRAN Committee – The aviation and maritime sectors and the EU-ETS System: challenges and impacts – 09-07-2021
This paper gives an initial overview of the market structure in a revised EU ETS for the European aviation and maritime sectors. Key design options like the scheme’s geographical scope, the baseline year(s), cap and allocation of allowances, and – in the case of aviation – the relationship with CORSIA, can have impacts on the competitive situation of EU carriers and vessels. This is the first stage in the research project focusing on the implementation and socio-economic perspectives related to the eventual inclusion of aviation and maritime in the EU ETS system. The analysis of the Commission’s proposal is expected to follow in fall 2021.
Source : © European Union, 2021 – EP
LEAK: What NATO allies will decide in Brussels
NATO leaders will gather in Brussels for a summit on Monday (14 June) to re-orient the alliance after its identity crisis over the past years. The meeting is sandwiched between the G7 summit in Britain and an EU–US summit. The…
Highlights – Financial contributions from non-EU countries: committee debate – Committee on Budgets – Committee on Budgetary Control
The Committees on Budgets and on Budgetary Control will go over the European Court of Auditors’ review on financial contributions from non-EU countries to the EU, with ECA Member François-Roger Cazala, on 12 July. These contributions are based on agreements through which non-EU countries gain access to EU programmes and activities and/or to the EU single market. In 2019, they amounted to EUR 1,9 billion, meaning 1% of the total EU revenue.
BUDG Webpage
CONT Webpage
Meeting agenda and documents
Live streaming
ECA review: Financial contributions from non-EU countries to the EU and Member States
EU Fact Sheets: Budgetary control
EU Fact Sheets: EU financing
CONT Webpage
Meeting agenda and documents
Live streaming
ECA review: Financial contributions from non-EU countries to the EU and Member States
EU Fact Sheets: Budgetary control
EU Fact Sheets: EU financing
Source : © European Union, 2021 – EP
EU leaders to give strong backing to new social targets at Porto summit
The 27 heads of EU national governments will commit to “closely following” progress towards new jobs, skills and poverty reduction targets and will be open to adding new indicators to the GDP to measure national progress, according to the latest draft of the Porto social summit declaration seen by EURACTIV.
Briefing – Improving corporate sustainability reporting – 27-07-2021
The European Commission proposed to improve sustainability reporting by revising the non-financial reporting directive 2014/95/EU. The accompanying impact assessment (IA) provides a well-defined problem that is substantiated with evidence, a clear set of objectives that correspond to the problems identified and makes effort to cover SMEs in the consultation strategy. Overall, the evidence used in the IA seems recent and reliable. However, the IA has not set any concrete targets, indicators or timelines for achieving its objectives. The range of options in the IA appears rather imbalanced, the analysis has been predominantly economic and has focused on the effectiveness of meeting the specific objectives and their costs, while the discussion of benefits has remained rather descriptive. Environmental impacts seem to have been completely excluded, the costs of indirect effects on SMEs in the supply chains of large companies have not been quantified and the benefits for listed SMEs have not been elaborated on.
Source : © European Union, 2021 – EP
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