Sustainability and decarbonisation: how can the EU’s industrial policy assist industry’s efforts?

Ahead of its Annual Meeting and Joint Conference with CEIR and Pneurop in Brussels this May, Europump president Vanni Vignoli looks at the EU’s roadmap for industrial support.
Vanni Vignoli, president of Europump.
Following its bulletins of 5 May 2021 updating the New Industrial Strategy proposed in 2020, the European Commission has additional indicated that it’ll rely fairly heavily on trade to deliver on the main challenges faced by our economies and societies in Europe. This is particularly the case in relation to sustainability, digital transformation, and global competitiveness, as well as the want to overcome the crisis provoked by the Covid-19 pandemic. The EU Recovery and Resilience Plan launched in Spring 2021 is essentially building on the aptitude of European trade to design and produce the building blocks of the twin green and digital transition. At the same time, the EU is shaping a dense regulatory framework that doesn’t always help the liberty and adaptability wanted for firms to develop and compete globally.
The European technology industries, and specifically our pumps, compressors, taps and valves sectors, have for an extended time considered the enhancement of their world competitiveness within the challenges of societal and environmental challenges, notably by contributing to the preparation of energy efficiency and ecolabel rules. In parallel, digitalisation has provided increased alternatives and brought new challenges, including debates on the appropriate regulatory level (sharing of commercial knowledge, artificial intelligence, cybersecurity, etc).
Kickstart , amidst ever more fierce international competition, require that public authorities and business in the EU work increasingly extra closely to design and deploy strategies that reinforce our competitiveness and our contribution to the United Nations Sustainable Development Goals (SDGs). This would be the subject of the initial debate kicking off our Joint EU Policy Conference, which is in a position to convey collectively key policy makers from the three EU policy establishments in command of the Industrial Strategy and three Executives representing and illustrating the achievements enjoyed, and challenges nonetheless confronted, by these three key sectors of business.
Specific Technical and Policy Issues
As the regulatory panorama throughout Europe, and certainly the entire world, turns into ever extra complicated, the burden on trade solely increases. Light falls to sector particular trade organisations, corresponding to Europump, CEIR and Pneurop, to determine and advise on these technical and coverage issues most relevant to their respective sectors. In our particular enviornment, that relates, after all, to the manufacture, distribution and use of pumps and all pump associated tools – a huge and important subset of business, given the width and breadth of pump functions.
Against this backdrop, one of many major issues when determining the core themes for the joint conference was to maintain a direct reference to the United Nations Sustainable Development Goals (UN SDGs). Within this focus, the three associations intend to highlight how, together with the importance for corporations to handle technical aspects impacting their daily business operations, they contemplate the optimistic function of industry in addressing societal challenges. Indeed, all the periods may have a technical theme matching essentially the most acceptable UN SDG, and with illustration from the European Commission together with technical consultants from industry and/or research institutes, they may each be reflective of the current legislative terrain, because it pertains to pumps and pumping techniques within the following key areas:
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