Blog

Food security is one of the most acute and severe global challenges

The Global Food Security Summit 2022 concluded at #UNGA77 with strong statements from world leaders to combat global hunger and to keep food security high on the agenda.

Right before the Summit, President Biden announced over $2.9 billion in new assistance from the U.S. Government to address global #food insecurity.

Moreover, more than 100 United Nations member states have endorsed the Roadmap for Global Food Security – Call to Action. Actions agreed upon include:

🔒 Making new, additive financial donations to key humanitarian organizations to allow for an increased provision of immediate life-saving #humanitarianassistance wherever possible.

🔒 Provide, where possible and as needed, in-kind donations and necessary associated costs to key humanitarian organizations for transportation and delivery of food commodities based on assessed needs by governments of affected countries or humanitarian organizations.

🔒 Keep food, #fertilizer and #agricultural markets open and avoid unjustified restrictive measures, such as #export bans on food and fertilizer, which increase market volatility and threaten food security and #nutrition at a global scale;

🔒 Support an increase of fertilizer production, where possible and as needed, in order to compensate for shortages, accelerate and scale-up fertilizer #innovations, support their marketing, and promote methods to maximize fertilizer efficiency;

🔒 Accelerate efforts to support #sustainable agriculture and food systems, through strengthening agricultural productivity, particularly in the most affected countries to build their resilience and support domestic production, including as appropriate through efforts to support an #energy transition that is just and equitable, to make them more resilient and available to producers of all scale, including small holder #farmers.

🔒 Increase investments in research and technology to develop and implement science-based and climate-resilient agricultural innovations, including #seeds, that contribute to building sustainable and resilient agricultural sectors and food systems.

🔒 Monitor markets affecting food #systems, including futures markets, to ensure full transparency, and to share reliable and timely data and information on global food market developments, especially through the relevant international organizations.

President of the European Council Charles Michel co-chaired the event together with the United States Secretary of State, Antony Blinken, the Chairperson of the African Union and President of Senegal, Macky Sall, and the Prime Minister of Spain, Pedro Sanchez.

If you would like to know more about the implications of these commitments for your company or industry, send us a message!

The #TransformingEducation Summit closes today

The Summit elevated education to the top of the political agenda – bringing together leaders and youth activists to combat the global education crisis brought about by the pandemic.

Key outcomes include:

🎓The launch of the International Finance Facility for Education (IFFEd) – a multi-billion dollar finance facility for cheap loans to developing countries;

🎓Social impact bonds for education, launched by The Education Outcomes Fund;

🎓Member State Commitments to Action on Foundational Learning, advocated for by UNICEF and The World Bank;

🎓Further commitment to the UNICEF and International Telecommunication Union Giga Initiative to increase digital connectivity in schools;

🎓 A call to expand the international right to education, backed by more than 60 Nobel Peace Prize winners, current and former UN Special Rapporteurs, the former Office of the United Nations High Commissioner for Human Rights, and others.

Contact us to obtain an in-depth analysis of the meeting, commitments made, and follow-up trajectory towards the Future Summit in 2024.

#righttoeducation #letmelearn #sdg4 #unitednations #unga77

UNGA 77: 10 Moments to watch out for

For many reasons, UNGA is especially important this year. It is the first fully in-person gathering since the outbreak of COVID-19, the world is facing multiple crises, but also, civil society is invited to participate like never before.

With so much going on – 178 items on the agenda of the General Assembly, as well as hundreds of official and unofficial side events being organized – we’ve compiled a list of essential moments to watch out for during this 2022 edition.

1. 16 – 19 September: Transforming Education Summit
In the midst of the global education crisis, leaders discuss how to move forward on SDG4.

2. 19 September: UN Private Sector Forum
Co-hosted with United Nations Global Compact, business- and government leaders gather for an urgent rescue effort for the SDGs.

3. 19 September: SDG Moment
Kicking off the High-Level Week, this event stresses the importance of the SDGs as ‘the world’s to-do list’.

4. 21 September: seventh replenishment of the Global Fund to Fight AIDS, Tuberculosis and Malaria
The fund hopes to raise at least $18 billion for its work in the next three years.

5. 21 September: Leaders’ Round Table on Climate Action
Ahead of COP27, a small group of world leaders aims to reboot cooperation on climate action.

6. 21 September: 30th Anniversary of the Declaration on the Rights of Minorities
This High-Level meeting takes stock of and evaluates the implementation of the Declaration.

7. 22 September: Security Council meeting on Ukraine
World leaders will address the Security Council on maintenance of peace and security in Ukraine.

8. 22 September: High-level General Assembly meeting on challenges in the Sahel
Solutions to poverty, insecurity, terrorism, displacement, and climate change in the region will be discussed.

9. 23 September: Ending COVID-19 Pandemic
This event addresses priority areas for equitable access to vaccines, diagnostics and treatments.

10. 26 September: High-level meeting to commemorate International Day for the Total Elimination of Nuclear Weapons
Heads of State will discuss global nuclear risks against the backdrop of the war in Ukraine.

For an in-depth summary and analysis of these (or other) #UNGA77 meetings, reach out to our team to define topics of interest.

The busiest diplomatic season of the year has started! Follow our Linkedin page for daily updates and reports from #UNGA77

Today, the 77th session of the United Nations General Assembly opens under the theme ‘ A watershed moment: transformative solutions to interlocking challenges’ .

In the coming 2 weeks, political- , business- and civil society leaders from all over the world gather in New York City to find joint solutions to the world’s current interconnected crises:

🌎 the COVID-19 pandemic,
🌎 the war in Ukraine,
🌎 humanitarian challenges of unprecedented nature,
🌎 a tipping point in climate change,
🌎 as well as growing concerns about threats to the global economy.

The agenda consists of general assembly meetings, high level ministerial meetings, as well as numerous side events bringing together key stakeholders.

Want to keep updated on the outcomes of these historic talks? Three simple steps will provide you with all the information you need:

1.) Keep following this page for daily updates;
2.) Sign up for our free Dr2 Global Policy newsletter, which this month features exclusive in-depth UNGA reports and analyses;
3.) Contact us with your main topics / SDGs of interest. We’ll send you a list of UNGA events to follow, many of which are virtually accessible.

Talk soon!

#sustainabledevelopmentgoals #2030 #globalaffairs

Happening now: The most important SDG event of the year

The United Nations High Level Political Forum (HLPF) is happening in New York this week, yearly organized by the United Nations Economic and Social Council.

The aim of the meeting is to take stock of the progress on the Sustainable Development Goals in Member States, and to determine a course of action towards next year.

This years’ theme is “Building back better from COVID-19 while advancing the full implementation of the #2030 Agenda for Sustainable Development”.

Despite its name, the HLPF offers many opportunities for input from civil society through the preparatory #consultation process and the many side events currently happening.
See the slides below for an initial overview of the #HLPF2022.

Our consultants will be following many of the political discussions in the coming 2 weeks. For in-depth monitoring and analysis reports, or if you would like to know how to get involved towards the #SDGsummit2030, send an e-mail to: s.ros@dr2consultants.eu

HLPF agenda 2022

A global plan to cut agriculture emissions

In a letter to the UN FAO, coordinated by the FAIRR Initiative, major companies ask for a central roadmap with key milestones that #investors can use to align portfolios to address #climate and nature risks. To compare, the International Energy Agency (IEA) recently made a major impact on the worldwide #energy sector in a similar Net Zero Roadmap.

Even if fossil fuels were eliminated immediately, #food systems alone would make it impossible to keep global warming to 1.5˚C. All modelled pathways assessed by the IPCC that limit warming to 1.5ºC or well below 2°C require land-based mitigation and land-use change.

Currently, food systems account for around a third of global #ghgemissions. #Agriculture is the main threat to 86% of species at risk of extinction, whilst around three-quarters of the deforestation in the Amazon between 1978-2020 was caused by cattle ranching.

Therefore, the investors ” (…) urge the #FAO to produce a global roadmap to #2050 that mitigates these risks and sets a standard for the industry. It is crucial that this roadmap aligns with the #Paris Agreement’s goal of limiting global warming to 1.5˚C while ensuring the protection and restoration of nature, and achieving food and nutrition security goals.”

The FAO has yet to respond, but the letter is expected to form an important base for discussion on agriculture reform and #methane emissions rules during #COP27 in Egypt later this year.

New European Bauhaus: how will it contribute to the EU’s future construction policies

The New European Bauhaus: what is it and how does it work?

The year 2021 has started with the launch of a new promising initiative from the European Commission: the New European Bauhaus initiative. With the overall objective of helping deliver the European Green Deal, this initiative is a contest financed by EU funds at national and regional level. The award goes to concrete and practical projects that achieve the targets of the Circular Economy Action Plan and the Renovation Wave Strategy.

The aim of those projects is to ensure inclusiveness, design and accessibility of investments at the benefit of the larger community. By means of an open and public platform, everyone can input their own ideas for future ways of living. In an open prize ceremony in Summer 2021, the Commission will award prizes to existing examples that represent the integration of the key values of the initiative, and that may inspire future EU building and construction policies. The five winning projects will be delivered starting from September 2021 and then disseminated from January 2023 onwards to spread the ideas and concepts defining the New European Bauhaus via new projects, networking and sharing of knowledge, in Europe and beyond.

The Circular Economy as the backbone of the New European Bauhaus

The synergy with the Circular Economy Action Plan (March 2020) and the Renovation Wave (October 2020) lays in the design of the new building projects that will be submitted to the New European Bauhaus contest. Those projects can easily bring new business opportunities for the wider range of stakeholders engaged in sustainable construction policies. Dr2 Consultants is of course perfectly placed to assist companies to identify these opportunities.

For instance, the New European Bauhaus will help promote the circularity principles throughout the whole lifecycle of buildings that will be put forward by the new Strategy for a Sustainable Built Environment, expected in 2021. This strategy is entailed in the Circular Economy Action Plan, which envisages to focus on the sectors that use most resources and where the potential for circularity is particularly high, including the construction and buildings sector. Therefore, the Bauhaus Initiative will provide companies with very concrete opportunities to pitch their sustainable ideas at EU level.

“Many architects and other partners in the construction chain have been working for years, with a lot of creativity and innovation power, on ideas and concepts that can increase sustainability and circularity in construction. They do this on the one hand because there is a sore need, and on the other hand because they want to take responsibility. The fact that the New European Bauhaus will now provide a platform to these efforts will mean an extra stimulus. But that alone is not enough. Clients who are very aware of solutions and possibilities – which there are plenty of – often need some extra encouragement to make the right decisions. This could be subsidy, in any shape or form, but at the same time we should not shy away from tightening requirements and regulations.”

Joost Ector
Architect and Managing Partner of Ector Hoogstad Architecten

Concrete examples and opportunities for future policy framing

The European Bauhaus Initiative provides a concrete testing area for new approaches to existing construction and building concepts. Several of the identified projects provide a glimpse into future housing techniques and serve as an impulse to the European Commission for future construction policies. Dr2 Consultants can assist companies in setting standards for future European policies through the Bauhaus Initiative.

Listed below are a few projects submitted to the New European Bauhaus that integrate sustainability with inclusive and better-quality ideas in the building sector. These projects provide great examples of new ideas that will shape the future of European construction policies.

Circular and sustainable housing – A best practice of circular economy and buildings’ energy performance is the creation of a new Slovenian facility hosting offices and laboratories totally made of timber and steel. This facility is equipped with a smart management system that will produce data on the way wood ages in buildings and performs over time. The facility’s highly digitalized and efficient system shows how the construction sector can be concretely innovated, meeting the energy technology targets and zero emission goals of the Renovation Wave strategy as well as the transition to more smart buildings in the EU.

Facility in Slovenia made of timber and steel

New Slovenian facility hosting offices and laboratories totally made of timber and steel.

? The Institute / © Source: #nnoRenew CoE

Environmentally friendly and flexible buildings – Another example of how to achieve the EU building performance goals is provided by a project experimented in Bordeaux, where a 100% locally-sourced timber prefabricated construction has showcased the highly technological, social and environmental impact of sustainable and renovation methods. The construction can be transported, mounted and adapted to different sizes. By ensuring an environmentally friendly footprint and a high recyclability of the materials, this solution simultaneously meets two criteria as defined in the New European Bauhaus: the building’s energy performance targets of the Renovation Wave as well as the circularity and recycling goals of the Circular Economy Action Plan.

Proto Habitat – a 1.1 prototype of new and sustainable forms of housing.

? Proto-Habitat / © Flavien Menu, Wald.City

From vehicles’ waste into a social benefit – When it comes to end-of-life waste, the automotive sector offers valuable solutions of circularity and energy efficiency. This is the case of an old bus being transformed into a mobile youth centre by the Young Dragons, a public network of youth centres. By recycling waste and at the same time creating a benefit for the social community, this project meets the target of recycling efficiency of end-of-life vehicles that has been set out in the Circular Economy Action Plan.

An upcycled old city bus turned into a mobile youth centre.

? Ljuba in Drago / © Ksenja Perko

What can Dr2 Consultants do for you?

Over the last years, Dr2 Consultants has built up a track record in advising a broad range of sustainability clients in navigating the EU ecosystem and identifying the right opportunities for boosting the renovation and technological update of the building sector. Would you like to know more about how your organization can make the most out of the upcoming regulations included in the New European Bauhaus initiative, as well as the Circular Economy Action Plan and Renovation Wave? Feel free to reach out and discuss opportunities with us.

If you are interested in more than just building policies, then check out our European Green Deal Impact Scan.

You might also be interested in:

Renovation Wave: opportunities for the construction sector

Sustainable Products Initiative: more than just Ecodesign

As announced in its Circular Economy Action Plan (CEAP) almost a year ago (March 2020), the European Commission aims to make products fit for a climate-neutral, resource-efficient and circular economy through a Sustainable Products Initiative (SPI). The SPI will serve as the main instrument in a renewed European approach towards product policy. Due to its broad scope and huge impact on many sectors, Dr2 Consultants guides you through the main issues companies will have to contend with when the SPI is published, its relationship to other policies as well as further opportunities to engage with policymakers.

The European Parliament, in its Non-Legislative Own-Initiative Report on the Circular Economy Action Plan from February 2021, emphasizes the need to turn the linear “take-make-dispose” economy to a truly circular economy. It also underlines the frontrunner role it expects European companies to play in a global market. The SPI thus also presents plenty of opportunities for innovative players in the circular economy.

Sustainable Products Initiative: a broad review of the Ecodesign Directive

The Sustainable Products Initiative will revise the Ecodesign Directive (2009) and make products placed on the EU market more sustainable. The SPI is expected to move beyond the narrow scope of the Ecodesign Directive – exclusively aimed at products, such as household appliances, information and communication technologies or engineering – and set sustainability criteria based on harmonized indicators and life-cycle assessments such as environmental footprints, to the broadest range of products such as:

  • Electronics & ICT equipment;
  • Textiles;
  • Furniture;
  • Steel, cement & chemicals.

Taking into account the broadening of the scope, the European Parliament in its Non-Legislative Own-Initiative Report on the Circular Economy Action Plan similarly actively calls for the establishment of common life cycle assessment methodologies and improved data collection. Such methodologies need to take into account the full life cycle of a product, from-cradle-to grave, and the impact of sourcing, semi-finished products, spare parts and by-products throughout the value chain. The close involvement of stakeholders in defining these methodologies in an open, transparent, and science-based process is crucial. The European Parliament explicitly opens the door here for input by relevant stakeholders.

The broad review of the Ecodesign Directive also means that the Sustainable Products Initiative will be developed in close coordination with other initiatives announced in the CEAP, in particular the initiative on empowering consumers for the green transition and the initiative on the substantiation of environmental claims, both of which are expected to be announced in the second quarter of 2021.

Widened scope brings opportunities and threats

On a general level, the Sustainable Products Initiative is expected to set sustainability principles and specific requirements linked to environmental aspects of products. However, producers of priority product groups such as electronics, ICT and textiles as well as furniture and high impact intermediate products such as steel, cement and chemicals will be made responsible for providing more circular products and intervening before products can become waste (for example providing products as a service, providing repair service or ensuring spare parts availability). The impact of such far-reaching principles on producers cannot be underestimated and Dr2 Consultants can support your organization in identifying the specific aspects within the Sustainable Products Initiative which are expected to affect your business. You can learn more about our sustainability sector here.

On another note, the Commission is determined to set EU rules for mandatory sustainability labelling and/or disclosure of information to market actors along value chains in the form of a digital product passport. Such passports will foster the availability of data related to product’s content and carbon footprint and recyclability. The exact scope of such a digital passport will of course have to be determined in close cooperation with the industry, which is why Dr2 Consultants highly advises companies to actively engage with policymakers.

When it comes to a ‘right to repair’, the European Commission will most likely take heed of the encouraging language of the European Parliament in its Non-Legislative Own-Initiative Report on the Circular Economy Action Plan. Producers, not only of electronic products, will need to be able to provide free-of-charge access to necessary repair and maintenance information, including information on spare parts and software updates, to all market participants.

Finally, the Sustainable Products Initiative is most definitely expected to set more elaborate rules on the inclusion of recycled content in products, for example in packaging. In doing so, the Commission also wants to ensure that hazardous substances in production processes are tracked more thoroughly. The impact of more stringent rules can of course not be underestimated, with a potential impact on the whole packaging and recycling sector.

Final consultation period to open shortly

Having run an initial consultation from September to November 2020, the European Commission is expected to open the public consultation shortly, open for a standard 12 weeks. This phase of the consultation process provides stakeholders with a direct line to the policymakers before the Commission is expected to publish a proposal on the Sustainable Products Initiative by the end of 2021.

Dr2 Consultants’ expertise in this area means that our international team can support you not only in engaging with policymakers during, but also after, this public consultation process. Companies should also already keep an eye out on the position of the European Parliament and Council of the EU on this topic, as evidenced by their own reports on the Circular Economy Action Plan.

Feel free to get in touch with us for more information.

Sustainable Corporate Governance – accounting for your supply chain

Supply chains of European businesses often stretch far beyond the EU territory, where the EU’s environmental, social and human rights may no longer apply. Consumers increasingly expect companies to « do no harm » throughout their operations and supply chain. To this end, as also announced in the European Green Deal and in accordance with the UN Sustainable Development Goals, the European Commission will, in the second quarter of 2021, introduce new rules on incorporating sustainability in long-term business strategies. This proposal for sustainable corporate governance will create a new framework to give sustainability a more prominent role in the board room, while reviewing the obligations companies currently have under the Non-Financial Reporting Directive. As the new legislation is expected to place additional reporting obligations on many European companies, this article will take a look at its expected scope and impact on your company’s business activities.

The future EU corporate governance framework should steer companies towards more long-term visions that incorporate sustainability, which in this context not only includes their environmental impact but also human and social rights. A powerful instrument to achieve this could be the introduction of due diligence duties. These duties could not only require companies to respect their own employees’ working rights and limit their own environmental footprint, but it would also oblige companies to actively trace the conditions under which early production processes further up the supply chain take place. For example, did your direct supplier pay a fair price to the farmer he bought cocoa from? And what can a company do to make sure these farmers produce in a sustainably sound way?

Currently, some multinational companies and national governments are taking a frontrunner role in tackling these kinds of questions. However, a failure to create a level playing field in the EU with regard to due diligence obligations could hamper companies’ willingness to keep on taking on this leadership role. The EU’s proposal for a horizontal sustainable corporate governance framework should incentivize broader categories of companies to undertake due diligence.

The proposal for a sustainable corporate governance framework will go hand in hand with a revision of the Non-Financial Reporting Directive (NFRD), which currently requires large companies to disclose information on their handling of social and environmental challenges.

A European solution will have to balance the need for a level playing field and the risks of overburdening smaller companies with new obligations. As the Commission currently still is in the process of carrying out an impact assessment, the exact categories of sectors and product groups to be included in the scope will still need to be determined in the upcoming months. Although it is evident that the Commission’s Directorate-General for Justice and Consumers (DG JUST), responsible for the sustainable corporate governance proposal, intends to include all industries in this horizontal framework, it is still undecided if, for example, SMEs will be included in the Directive’s scope.

What do we already know about the proposal for a sustainable corporate governance and how could this impact European businesses?

The proposal for a sustainable corporate governance framework will go hand in hand with a revision of the Non-Financial Reporting Directive (NFRD), which currently requires large companies to disclose information on their handling of social and environmental challenges. Even though this revision of the NFRD could clarify the requirement to report on due diligence processes, this would not yet be underpinned by an obligation to undertake due diligence, including mitigation of negative impacts.

This could be addressed by the sustainable corporate governance proposal, which could oblige companies to identify and mitigate risks relating to human rights, climate and environment. Where the UN Guiding Principles on Business and Human Rights currently lay down steps for e.g. proper human rights due diligence, the EU could give this a binding character through its proposal for a Directive, obliging Member States to transpose a due diligence obligation into national law.

Moreover, the proposal could oblige company directors to take into account sustainability aspects in the formulation of corporate strategies, by requiring them to set science-based and time-bound targets for e.g. climate, deforestation and biodiversity, including the set-up of the necessary enforcement mechanisms. The Commission is currently still in the process of developing the appropriate methodology for clear targets and benchmarks.

With the exact impact still dependent on the choices the Commission will make in the upcoming months and the feedback provided by stakeholders in the process, strict due diligence requirements and duty of care for directors could increase the organizational and administrative burden for companies to set up internal processes including reporting and transparency obligations. These obligations would come on top of the obligation to disclose business strategy information under the revised NFRD. Even if the Commission encourages sustainable corporate governance through voluntary instruments, companies will be pressured to incorporate sustainability in their business strategies.

Next steps

The European Commission recently ran a public consultation on sustainable corporate governance. The outcomes of this public consultation will complement the results of two studies conducted by the European Commission on Directors’ duties and sustainable corporate governance, and on due diligence requirements through the supply chain.

After that, the European Commission will make the choice between various policy instruments and finalize the legislative proposal for a Directive, which is expected to be published by the European Commission in the second quarter of 2021.

If you would like to determine the impact the EU’s sustainability initiatives have in your specific case, check out our European Green Deal Impact Scan, or learn more about our monitoring services to receive regular updates on this topic.

Offshore renewable energy - waves

Offshore renewable energy: EU takes next steps

With the EU’s new offshore renewable energy strategy (ORES) – “EU Strategy to harness the potential of offshore renewable energy for a climate neutral future” (published on 19 November 2020), the European Commission is widening the scope of its offshore activities. From focusing on offshore wind energy (bottom-fixed), the Commission aims to facilitate the further development of other offshore energy technologies such as floating wind energy, wave and tidal energy, but also floating solar energy and the use of algae. Our blog post sheds some light on upcoming opportunities and challenges from the offshore renewable energy strategy for the different offshore energy technologies.

Maritime spatial planning as a basis

Maritime spatial planning (coordination of use of marine space and resources) will be key to the further development of offshore renewable energy technologies. In the framework of the Maritime Spatial Planning Directive, the Commission aims to ensure sufficient space and resources are available for offshore technologies by coordinating the submission of national maritime spatial plans due by 31 March 2021. Such maritime spatial planning should be carefully coordinated with different national energy and climate plans but also the protection of vulnerable marine ecosystems.

Offshore renewable energy - Floating solar farm

Floating solar farm

 

From focusing on offshore wind energy (bottom-fixed), the Commission aims to facilitate the further development of other offshore energy technologies.

Different offshore renewable energy operators, as well as energy grid operators, are strongly encouraged to engage both on a European and national level to improve the quality of existing and future spatial planning. These exchanges will be facilitated by the European Commission throughout 2021 and beyond.

A clearer EU regulatory framework to facilitate investments

While offshore renewable energy projects are mainly nationally driven, the Commission wants to facilitate the further development of more complex, cross-border projects. Most importantly, the Commission clarifies the current regulatory framework for offshore bidding zones in its accompanying Staff Working Document. Furthermore, The Commission will ensure that the forthcoming revision of the state aid rules and the Renewable Energy Directive provide a fully updated and fit-for-purpose framework in order to cost-effectively deploy clean energy, including renewable offshore energy.

The lofty ambitions of the Commission will provide a very good opportunity for large-scale cross-border project operators to benefit from a changing regulatory framework. Such operators are advised to keep a close eye on the upcoming changes to the European electricity legislation, which will facilitate their activities. If you would like to stay up to date on the latest developments in the EU energy sector, visit our monitoring services webpage to find out how Dr2 Consultants can support you.

Targeted funding opportunities for offshore renewable energy deployment and R&I

Most importantly, the Commission aims to unlock new private investments as these are expected to carry the bulk of financing needs. The new InvestEU fund will play a key role, with the European Investment Bank acting as a European Climate Bank. In addition, existing and future EU funding instruments such as the NER 300, the Recovery and Resilience Facility and the Connecting Europe Facility are expected to substantially fund mature cross-border projects. Furthermore, investment programs such as Horizon Europe, the Innovation Fund and the Modernisation Fund will provide support for research, innovation and demonstration projects underpinning the future development and deployment of innovative offshore energy technologies in Europe.

Whether your organization is active in early stage R&I activities, demonstration of innovative technologies or the further deployment and rollout of offshore renewable energy infrastructure, the above mentioned EU funding instruments will serve a supporting role to the changing regulatory framework.

In conclusion, the Commission aims to tackle the challenge of creating the optimum environment to maintain and accelerate the current European momentum in offshore renewables. As such, the EU is ready to support frontrunners in this area to preserve its own leading role on a global level.

The Commission is actively inviting all stakeholders to discuss the policy actions proposed in this strategy and to join forces in taking this action forward without delay. Dr2 Consultants is ideally placed to support your organization to identify the opportunities in upcoming financial and policy developments. Fore more information, contact us at info@dr2consultants.eu or call us at +32 (0)2 512 37 22.


You might also be interested in:

Updated EU climate plans: opportunities for businesses at national level