An alliance of 180 European political leaders, business leaders, MEPs and ecological activists advised, on Tuesday (14 April), to increase green financial investment in the bloc to establish “a new model of prosperity” based upon sustainability, the defense of biodiversity, and the change of the EU’s agri-food system.
” Covid-19 will not make environment modification and nature destruction disappear [and] we will not win the battle versus Covid-19 without a strong financial action,” checks out the letter, which was led by the initiative of Pascal Canfin, a liberal French MEP who chairs the European Parliament’s committee on environment.
“Political will is here,” the letter includes.
Alongside with a lots EU ministers, the letter was co-signed by MEPs, business associations, the European Trade Union Confederation, NGOs, believe tanks, in addition to leaders of big business such as Ikea, H&M, Lego, or Microsoft.
“After the crisis, the time will come to rebuild,” their declaration checks out, calling for green recovery financial investment plans that can press the shift towards environment neutrality.
“This is not a matter of creating a new economy from scratch. We already have all the tools and many new technologies,” it likewise states.
According to the director of the European branch of NGO World Wildlife Fund (WWF), Ester Asin, “the broad support for this statement clearly shows that Europe’s response to the Covid-19 crisis must put us firmly on the path to a truly sustainable, climate-neutral and just economy”.
Following the last European top and the contract of European financing ministers last Thursday, the letter calls for an EU- large green recovery method has actually picked up speed politically.
In spite of the strength of some countries, such as Poland and the Czech Republic, half of member states have actually signed a different open letter advising the EU to ensure its dedication to the Green Offer.
The declaration was signed by the environment ministers of Austria, Denmark, Finland, Italy, Latvia, Luxembourg, the Netherlands, Portugal, Spain, Sweden, Germany, France and Greece – while Flemish nationalists in Belgium obstructed the action at national level.
In this letter, ministers likewise advised to “withstand the temptations of short-term solutions in response to the present crisis that risk locking the EU in a fossil fuel economy for decades to come”.
According to the European Commission, “green investments will be a key driver of the recovery, not an obstacle to it”.
“The economic recovery and the transition to a sustainable and climate-neutral economy go hand in hand,” the commission informed EUobserver.
According to the commission, the recently-announced environment law was, in truth, created to prevent that environment action is side- lined by more pushing and instant difficulties.