European Strategy

Question 1

EU commissions priorities / guidelines

Answer 1

• European Green Deal
• Europe fit for digital age
• economy that works for people
• stronger Europe in the world
• promoting our European way of life
• new push for European democracy

Question 2

EU Taxonomy

Answer 2

• tool to help investors, companies, … navigate transition to low carbon, resilient + resource efficient economy
• performance threshold (“technical screening criteria”)
• make substantial contribution to one of six environmental objectives
• do no significant harm to other five
• comply with minimum safeguards

Question 3

Circular Economy - M

Answer 3

Bild; products and materials is maintained for as long as possible
- Waste and resource use are minimised, and when a product reaches end of its life, it is used again

Question 4

New CE Action Plan

Answer 4

• G&T: improving products durability, reusability, reparability, recycling, reducing carbon footprint, …
• SoA: 80% of products’ environmental impacts are determined at design phase,
• P&L: Ecodesign framework for energy related products, including by adopting and implementing a new Ecodesign and Energy Labelling Working Plan 2020 2024; Commission will propose minimum mandatory green public procurement (GPP) criteria and targets in
  sectoral legislation, Supporting capacity building
• Es: Economic support through all fundings
• Mt: Circular economy monitoring Framework (eurostat)

Question 5

critical raw materials

Answer 5

CRM: high importance to key industries, high import reliance + high supply concentration -> high supply risks

Question 6

Sustainable Finance

Answer 6

refers to process of taking due account of environmental, social and governance (ESG)
considerations when making investment decisions in financial sector

Question 7

EU Taxonomy –> six environmental objectives

Answer 7

-climate change mitigation
-climate change adaptation-
-sustainable and protection of water and marine resources
-transition to a circular economy
-pollution prevention and control
-protection and restoration of biodiversity and ecosystems

Question 8

critical raw materials measurement

Answer 8

Herfindahl Hirschman Index –> shows market share of companies

Question 9

EU Political Guidelines - Goal 1

Answer 9

European Carbon Neutrality 2050

Question 10

EU Political Guidelines - Goal 2

Answer 10

Europe as a world leader in circular economy

Question 11

EU Political Guidelines - Goal 3

Answer 11

A Sustainable Europe Investment Plan

Question 12

EU Political Guidelines - Goal 4

Answer 12

Biodiversity Strategy 2030

Question 13

EU Political Guidelines - Goal 5

Answer 13

Europe’s social pillar