Sitra's proposal to the next European Commission: Nature at the heart of decision-making and the continuation of European green trade

Jyrki Katainen, Chairman of Sitra and former Vice-President of the European Commission, emphasizes the importance of the European Green Deal in accelerating Europe's green transition amid a worsening ecological crisis. Katainen states: "The next European Commission should adopt an ambitious action plan to make Europe a pioneer in the use of innovation and markets to preserve biodiversity. We need European Green Development 2.0."

To make this happen, Sitra proposes the implementation of "Green Deal 2.0", which values ​​nature in the decision-making processes of governments, companies and consumers. Achieving this goal requires the visibility of the value of nature and the inclusion of nature aspects in key policies.

One of the key recommendations is that the EU raises its goals in natural capital accounting by quickly and comprehensively introducing a complete international reference framework for ecosystem accounting. In this way, monetary accounts could reflect the economic value of ecosystems and the ecosystem services they provide to member states' economies.

To prevent a net loss of ecosystems or ecosystem services, the EU, member states and local authorities must ensure that biodiversity compensation is implemented. Taking into account that land use is a significant factor in the loss of biodiversity, the future reform of the EU's Common Agricultural Policy (CAP) should aim to gradually move away from area- and animal-based support payments to result-based supports that encourage the maintenance of ecosystem services.

In addition, Sitra emphasizes that it is important to take into account the biodiversity footprint of Europeans outside of Europe's borders. The EU and its Member States should evaluate different policy measures to reduce the consumption of commodities in Europe that have significant negative impacts on biodiversity.

In addition to prioritizing nature, Sitra strongly recommends the EU to strengthen its transition to a circular economy in the single market. Market regulations can be used more effectively to guide the demand for materials, products and services based on circular principles.

Jyrki Katainen emphasizes the benefits brought by the EU's internal market to European citizens and member states' economies over the past 30 years. Maximizing the available resources is essential for the market to continuously create innovation and employment opportunities. Adopting a circular economy not only reduces the EU's dependence on imported raw materials, but also increases the sustainability of the economy.

The memorandum will be published at the same time World Circular Economy Forum 2023The leading international event focusing on the circular economy organized by Sitra and Nordic Innovation in Helsinki. The forum brings together forward-thinking individuals and presents pioneers who help governments, industries, companies and households adopt circular practices.

Jyrki Katainen calls on stakeholders operating in Brussels and in all member countries to submit their proposals for the upcoming European Green Deal program. This collaborative approach ensures a comprehensive and versatile strategy to tackle the ecological crisis and promote sustainable development across the EU.

By placing nature at the center of decision-making and promoting the circular economy in the EU's single market, the European Union has the potential to combat the ecological crisis, promote resilience and open up new opportunities for growth and innovation. As the next European Commission prepares to take office, Sitra's recommendations offer a road map for building on the basis of Europe's green development and striving towards a sustainable and prosperous future for Europe.

HT


https://nord.news/2023/05/30/sitras-proposal-to-the-next-european-commission-nature-at-the-heart-of-decision-making-and-the-continuation-of-european-green-trade/?feed_id=30897

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