Newsletter July 2020

Newsletter July 2020

The European Commission has issued practical guidance to help companies prepare for the changes from 1 January 2021 after the end of the transition period. This mainly relates to the changes that will certainly take place, regardless of the future trade relationship. The guidance is important for companies in the recreational boating sector with business relationships to the UK. The guidance includes

  • Commission Communication on readiness at the end of the transition period (with information on customs checks, certification, VAT, etc.) – see here
  • Stakeholder notice for the RCD sector (updated in June – see here)
  • Stakeholder notice for industrial products (last updated in March – see here)

All stakeholder notices can be found here. EBI encourages companies to closely follow the recommendations and prepare for the end of the transition periods. Questions for clarifications can be sent to the EBI Office.

According to the Commission’s latest economic forecast, published in early July, the EU economy will experience a deep recession in 2020 due to the impact of COVID-19. This forecast updates the spring forecast published in early May. As lockdown are being lifted more gradually than originally anticipated, the impact on economic activity in 2020 will be more significant than projected in the earlier forecast. The return to growth in 2021 will also be less strong than projected in the spring.

Below are the key figures from the summer economic forecast

  • The Euro area economy will contract by 8.7% in 2020 and grow by 6.1% in 2021
  • The EU economy is forecast to contract by 8.3% in 2020 and grow by 5.8% in 2021

The full forecast and reports can be found here.

Funded by the European Commission, five nautical routes were developed that can now be accessed and promoted to boaters. They focus on nautical and maritime activities, ecotourism, waters sports or sailing with the aim to foster blue growth, help creating new jobs and promote sustainability in their respective regions.

The nautical routes aim to attract tourists to new areas with different themes. The five routes are:

More information on all nautical routes, can be found here.

In its hydrogen strategy, the European Commission presents an ambitious push for hydrogen as an energy source. This includes the following targets

  • From 2020 to 2024, the EU will support the installation of at least 6 gigawatts of renewable hydrogen electrolysers and the production of up to one million tonnes of renewable hydrogen.
  • From 2025 to 2030, hydrogen should become an intrinsic part of the EU’s integrated energy system, with at least 40 gigawatts of renewable hydrogen electrolysers and the production of up to ten million tonnes of renewable hydrogen in the EU.

From 2030 to 2050, renewable hydrogen technologies should reach maturity and be deployed at large scale across all hard-to-decarbonise sectors. In the maritime area, the strategy has identified the potential of hydrogen in maritime transport. For the Commission, hydrogen can eventually be used for inland waterways and short-sea shipping as an alternative low emission fuel. For longer-distance shipping, fuel cell power can be scaled up from one to multiple megawatts, as well as use renewable hydrogen for the production of synthetic fuels, methanol or ammonia.

The Commission also launched the European Clean Hydrogen Alliance with industry leaders, civil society, national and regional ministers and the European Investment Bank. The Alliance will build up an investment pipeline for scaled-up production and support demand for clean hydrogen in the EU. Interested companies and organisations can join the Alliance. More information can be found here.

The full Hydrogen Strategy can be found here.

The European Commission has adopted an updated action plan for the blue economy in the EU Atlantic area, covering France, Ireland, Portugal and Spain. The revamped action gives new impetus to the Atlantic maritime strategy and strengthen the participating countries’ recovery efforts. Among the priorities are blue skills, ocean literacy, marine renewable energy, as well as healthy and resilient oceans. One of the actions is the promotion of sustainable practices in coastal and maritime tourism.

The main sources of funding will be European Structural and Investment Funds, including the future cooperation programme in the Atlantic area and the European Maritime and Fisheries Fund (EMFF).

The full action plan can be found here.

Deadline: 20 August 2020

The Commission is consulting on the EU’s new strategy on adaptation to the impacts of climate change. The Commission aims to present the new strategy in early 2021, which is part of the European Green Deal. A blueprint for the strategy is provided for context, as well as to indicate possible directions of development. It can be found here.

EBI will provide input to the consultation but invites members, stakeholders and interested parties to also provide specific feedback they may have. The consultation can be found here.

Deadline: 24 September 2020

As part of the Green Deal, the European Commission is working on a new offshore renewable energy strategy. This should provide the strategic direction for the EU’s ambitious plans of increasing offshore wind parks in the next decades. EBI will provide input to the consultation but invites members, stakeholders and interested parties to also provide specific feedback they may have.

The public consultation can be found here.

Deadline: 6 October 2020

The EU will update its consumer rights legislation and policy. This will also consider the lessons learned from COVID-19 and address the green and digital transition. The main areas that the Commission is looking at are 1) A new Consumer agenda/Learnings from COVID-19, 2) Empowering the consumer for the green transition, 3) Review of the Directive on credit agreements for consumers and 4) Review of the Directive on General Product Safety. EBI will provide input to the consultation but invites members, stakeholders and interested parties to also provide specific feedback they may have.

The public consultation can be found here.

Tuesday, 28 July 2020 14:41

Public consultation on EU Arctic policy

Deadline: 10 November 2020

The EU’s Arctic policy has been updated regularly since it was first outlined in 2008. The consultation will be a broad reflection on the current policy addressing new challenges and opportunities, including the EU's ambitions under the European Green Deal. The consultation seeks input on the strengths and shortfalls of the existing policy, with a view to possibly preparing an updated approach.

The public consultation can be found here.

Deadline: 10 September 2020

The FuelEU Maritime initiative aims to increase the use of sustainable alternative fuels in European shipping and ports by addressing market barriers that hamper their use and uncertainty about which technical options are market-ready. It is part of a package to bring the maritime transport sector in line with the EU’s ambition of climate-neutrality by 2050.

The public consultation can be found here.

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