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Gepubliceerd op 25-06-2021

Plenary round-up – June II 2021

25-06-2021

During the June II 2021 plenary session in Brussels, Parliament continued to debate and adopt programmes financed under the multiannual financial framework for 2021 2027, specifically this session in the areas of regional development, with the Common Provisions Regulation, European Territorial Cooperation Regulation, European Regional Development Fund and Cohesion Fund all finalised. Important debates on Council and European Commission statements were held, in particular on the preparation of the ...

During the June II 2021 plenary session in Brussels, Parliament continued to debate and adopt programmes financed under the multiannual financial framework for 2021 2027, specifically this session in the areas of regional development, with the Common Provisions Regulation, European Territorial Cooperation Regulation, European Regional Development Fund and Cohesion Fund all finalised. Important debates on Council and European Commission statements were held, in particular on the preparation of the European Council meeting on 24 25 June 2021 and the relaunch of the Malta Declaration on external aspects of migration, on the urgent need to complete nominations for the full functioning of the European Public Prosecutor's Office, and on the future of EU-Swiss relations. Members also debated and adopted, inter alia, the proposed European Climate Law, the Public Sector Loan Facility, and discussed the Commission's 2020 rule of law report. António Guterres, the recently re-elected Secretary-General of the United Nations, addressed Parliament in a formal sitting.

    Kort overzicht pdf  

Digital transformation - why do some significant banks fall behind?

25-06-2021

This paper shows that larger banks and better capitalised banks invest more in computer software. These findings could reflect that larger banks can attain greater benefits from computer software and that better capitalised banks have more resources to make larger software investments. All the same, smaller and less capitalised banks will also have to make substantial software investments to maintain sustainable businesses, something that supervisors will need to point that out to these banks.

This paper shows that larger banks and better capitalised banks invest more in computer software. These findings could reflect that larger banks can attain greater benefits from computer software and that better capitalised banks have more resources to make larger software investments. All the same, smaller and less capitalised banks will also have to make substantial software investments to maintain sustainable businesses, something that supervisors will need to point that out to these banks.

    Uitgebreide analyse pdf  
Externe auteur

A.C. Bertay, H. Huizinga

Euro area fiscal policies and capacity in post-pandemic times

25-06-2021

The main legacy of the post-Covid-19-crisis euro area fiscal framework should be the development of a unique integrated fiscal policy and of a permanent and independent Fiscal Fund to implement it. To arrive at this conclusion, we analyse the challenges and build on current research on the optimal design of a fiscal fund. We characterise the fiscal policy, and the development of the Fund, together with the role and form that the Stability and Growth Pact can take in the new fiscal framework.

The main legacy of the post-Covid-19-crisis euro area fiscal framework should be the development of a unique integrated fiscal policy and of a permanent and independent Fiscal Fund to implement it. To arrive at this conclusion, we analyse the challenges and build on current research on the optimal design of a fiscal fund. We characterise the fiscal policy, and the development of the Fund, together with the role and form that the Stability and Growth Pact can take in the new fiscal framework.

    Studie pdf  
Externe auteur

R. Marimon, A. Wicht

2030 climate target plan: review of Land Use, Land Use Change and Forestry (LULUCF) Regulation

25-06-2021

The proceedings summarise the expert presentations and discussions of the workshop on the extension of the Review of the Land Use, Land Use Change and Forestry Regulation. The workshop served to prepare the ENVI Committee for the upcoming legislative “Fit for 55” package of proposals, as part of the European Green Deal. The presentations focused on options for improving carbon sinks in the EU and strengthening the LULUCF Regulation. This document was provided by the Policy Department for Economic ...

The proceedings summarise the expert presentations and discussions of the workshop on the extension of the Review of the Land Use, Land Use Change and Forestry Regulation. The workshop served to prepare the ENVI Committee for the upcoming legislative “Fit for 55” package of proposals, as part of the European Green Deal. The presentations focused on options for improving carbon sinks in the EU and strengthening the LULUCF Regulation. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies for the Committee on the Environment, Public Health and Food Safety (ENVI).

    Studie pdf  
Externe auteur

Cristina, URRUTIA, Anke HEROLD and Sabine GORES

Gepubliceerd op 24-06-2021

The Digital Services Act and the Digital Markets Act - A forward-looking and consumer-centred perspective - Workshop Proceedings (At A Glance - Study In Focus)

24-06-2021

This At A Glance summarises the original workshop proceedings, which presented the discussions that took place during the IMCO online workshop held on 26 May 2021 on the Digital Services Act (DSA) and the Digital Markets Act (DMA). The workshop was structured in two panels, each consisting of three presentations and two Q&A sessions. The first panel focused on the DSA. The second panel was devoted to the DMA. This document was provided by the Policy Department for Economic, Scientific and Quality ...

This At A Glance summarises the original workshop proceedings, which presented the discussions that took place during the IMCO online workshop held on 26 May 2021 on the Digital Services Act (DSA) and the Digital Markets Act (DMA). The workshop was structured in two panels, each consisting of three presentations and two Q&A sessions. The first panel focused on the DSA. The second panel was devoted to the DMA. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies for the committee on Internal Market and Consumer Protection (IMCO).

    Kort overzicht pdf  
Externe auteur

Lukas WIEWIORRA and Ilsa GODLOVITCH

Climate action in Lithuania: Latest state of play

24-06-2021

The EU's binding climate and energy legislation for 2030 requires Member States to adopt national energy and climate plans (NECPs) for the 2021-2030 period. In October 2020, the European Commission published an assessment for each NECP. Lithuania finalised its NECP in December 2019. Lithuania generates 0.55 % of the EU's total greenhouse gas (GHG) emissions and has reduced emissions at a slower pace than the EU average since 2005. Most economic sectors showed emissions reductions in the 2005-2019 ...

The EU's binding climate and energy legislation for 2030 requires Member States to adopt national energy and climate plans (NECPs) for the 2021-2030 period. In October 2020, the European Commission published an assessment for each NECP. Lithuania finalised its NECP in December 2019. Lithuania generates 0.55 % of the EU's total greenhouse gas (GHG) emissions and has reduced emissions at a slower pace than the EU average since 2005. Most economic sectors showed emissions reductions in the 2005-2019 period, with the exception of transport, agriculture and the 'other emissions' sectors. The transport and agriculture sectors account for 52 % of Lithuania's total emissions. Energy industry emissions have fallen by 60 % since 2005, while emissions in the 'other emissions' category, which includes services and buildings grew by 24 %. EU effort-sharing legislation allowed Lithuania to increase its emissions by 15 % up until 2020. Lithuania stayed well below its 2013-2020 allowances and expects to over-achieve on the 2030 target of 9 % reductions relative to 2005, potentially achieving 21 % reductions. Lithuania's renewable energy share was 25.5 % in 2019. The country's 2030 target of a 45 % share focuses mainly on wind, solar and biofuels. Energy efficiency measures centre to a large extent on the building stock and transport sector with support schemes for industry and households.

    Briefing pdf  

Climate action in Estonia: Latest state of play

24-06-2021

The EU's binding climate and energy legislation for 2030 requires Member States to adopt national energy and climate plans (NECPs) for the 2021-2030 period. In October 2020, the European Commission published an assessment for each NECP. Estonia submitted its NECP in December 2019. Estonia recovered its independence in 1991 and joined the European Union in 2004. In the 1990s, the country launched structural reforms related to its transition to a market-based economy. In 2019, its total GHG emissions ...

The EU's binding climate and energy legislation for 2030 requires Member States to adopt national energy and climate plans (NECPs) for the 2021-2030 period. In October 2020, the European Commission published an assessment for each NECP. Estonia submitted its NECP in December 2019. Estonia recovered its independence in 1991 and joined the European Union in 2004. In the 1990s, the country launched structural reforms related to its transition to a market-based economy. In 2019, its total GHG emissions amounted to 15.2 million tonnes of CO2-equivalent (MtCO2e), excluding land use, land-use change and forestry (LULUCF) and including international aviation, generating 0.4 % of the EU-27's total greenhouse gas (GHG) emissions. By 2030, Estonia aims to achieve a GHG emissions reduction of 70 % compared with 1990. Its long-term target is a reduction of 80 % by 2050. The new government has set an even more ambitious target, aiming for climate neutrality by 2050. It also envisages a motivation package to help local governments reach carbon neutrality by 2030. However, Estonia's total emissions per inhabitant remained above the EU average in 2019, and the carbon intensity of its economy was one of the highest in the Union. The country's energy independence and security of supply still rely on oil shale, although between 2005 and 2019, the share of renewables in Estonia grew faster than the EU average, over-reaching the 2020 target.

    Briefing pdf  

Climate action in Greece: Latest state of play

24-06-2021

The EU's binding climate and energy legislation for 2030 requires Member States to adopt national energy and climate plans (NECPs) covering the period 2021 to 2030. In October 2020, the European Commission published an assessment for each NECP. Greece submitted its NECP in December 2019. Greece accounts for 2.4 % of total EU greenhouse gas (GHG) emissions and has reduced its emissions at a higher pace than the EU average since 2005. The carbon intensity of the Greek economy decreased by 23 % from ...

The EU's binding climate and energy legislation for 2030 requires Member States to adopt national energy and climate plans (NECPs) covering the period 2021 to 2030. In October 2020, the European Commission published an assessment for each NECP. Greece submitted its NECP in December 2019. Greece accounts for 2.4 % of total EU greenhouse gas (GHG) emissions and has reduced its emissions at a higher pace than the EU average since 2005. The carbon intensity of the Greek economy decreased by 23 % from 2005 to 2019, at a slower rate than the EU-27 average. Energy industry emissions fell by almost 45 % in the 2005-2019 period in Greece, reducing their share of total emissions by 14 %. Further reductions are expected as the country proceeds with phasing out lignite-fired power plants. The sector that showed the greatest percentage reduction in emissions between 2005 and 2019 – 54 % – was manufacturing industries and construction. Transport and agriculture were the sectors with the lowest reductions. Under the Effort-sharing Decision for the 2013 2020 period, Greece needs to reduce its emissions in sectors not included in the EU's emission trading system by 4 %, compared with 2005 levels, and is on track to achieving it. The share of renewable energy sources in Greece reached 19.7 % in 2019. The country's 2030 target of a 35 % share is focused mainly on changes to the transport and heating and cooling sectors. This briefing is one in a series which will cover all EU Member States.

    Briefing pdf  

Climate action in France: Latest state of play

24-06-2021

The EU's binding climate and energy legislation for 2030 requires Member States to adopt national energy and climate plans (NECPs) for the 2021-2030 period. In October 2020, the European Commission published an assessment for each NECP. France submitted its final NECP in April 2020. In 2019, France accounted for 459 million tonnes of CO2-equivalent (MtCO2e) in total emissions excluding land use, land-use change and forestry (LULUCF) and including international aviation, generating 12 % of the EU- ...

The EU's binding climate and energy legislation for 2030 requires Member States to adopt national energy and climate plans (NECPs) for the 2021-2030 period. In October 2020, the European Commission published an assessment for each NECP. France submitted its final NECP in April 2020. In 2019, France accounted for 459 million tonnes of CO2-equivalent (MtCO2e) in total emissions excluding land use, land-use change and forestry (LULUCF) and including international aviation, generating 12 % of the EU-27 total greenhouse gas (GHG) emissions. Since 2005, the country has reduced its emissions at the same pace as the EU average. Over the 2005-2019 period, French emissions per inhabitant decreased faster than the EU average. The carbon intensity of the economy fell by 32 % and remained among the lowest in the EU while GDP increased by 17 %. In 2019, the transport, residential, tertiary and agriculture sectors accounted for around 60 % of France's total emissions. In order to reduce its energy dependency, France still maintains a high share of nuclear energy in its national energy mix. However, between 2005 and 2019, the share of energy from renewable sources rose steadily, reaching 17 % in 2019; this is still 16 percentage points (pp) below the 2030 national target of 33 % however. Energy efficiency, along with renewables, is a corner-stone of the French decarbonisation strategy, targeting in particular the buildings and transport sectors.

    Briefing pdf  

The Digital Services Act and the Digital Markets Act - a forward-looking and consumer-centred perspective - Workshop Proceedings

24-06-2021

These proceedings summarise the presentations and discussions that took place during the IMCO online workshop held on 26 May 2021 on the Digital Services Act (DSA) and the Digital Markets Act (DMA). The workshop was structured in two panels, each consisting of three presentations and two Q&A sessions. The first panel focused on the DSA. The second panel was devoted to the DMA. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies for the committee ...

These proceedings summarise the presentations and discussions that took place during the IMCO online workshop held on 26 May 2021 on the Digital Services Act (DSA) and the Digital Markets Act (DMA). The workshop was structured in two panels, each consisting of three presentations and two Q&A sessions. The first panel focused on the DSA. The second panel was devoted to the DMA. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies for the committee on Internal Market and Consumer Protection (IMCO).

    Uitgebreide analyse pdf  
Externe auteur

Lukas WIEWIORRA and Ilsa GODLOVITCH

Toekomstige activiteiten

28-06-2021
Child protection under EU law
Hoorzitting -
JURI
01-07-2021
EPRS online policy roundtable:The post-pandemic EU political system [...]
Diverse activiteiten -
EPRS
01-07-2021
AIDA-ECON Public Hearing on AI and Financial Services
Hoorzitting -
AIDA ECON
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Infografieken

Kenniskaart 5G
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Fonds voor een rechtvaardige transitie 2021-2027
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Vrede en veiligheid
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