Elaine Campling from ESMA HSEP Committee explores the potential impact of a new package of proposals from the European Commission aimed at making sustainableproducts the norm in the EU.
The core principles of the European Green Deal are to transform the European Union (EU) into a modern, resource-efficient and competitive economy, ensuring no net emissions of greenhouse gases by 2050. The drive from the Commission is to make almost all physical goods on the EU market more sustainable, from design to everyday use and reuse, moving from a ‘take-makereplace’ economic model to a circular model that is resource-efficient. According to the Commission, the current economic model depletes resources is environmentally polluting, damages biodiversity and drives climate change. Goods produced according to the new circular economy model should have built-in durability, reliability and resource efficiency.
