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STRATEGIC INDUSTRIAL AUTONOMY the European Investment Bank SUSTAINABLE INVESTMENT for CLIMATE and ENVIRONMENT

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STRATEGIC INDUSTRIAL AUTONOMY the European Investment Bank SUSTAINABLE INVESTMENT for CLIMATE and ENVIRONMENT October 2020 - n°63 FOR A EUROPEAN STRATEGIC INDUSTRIAL AUTONOMY The European Investment Bank SUSTAINABLE INVESTMENT FOR CLIMATE AND ENVIRONMENT Aligned with the Paris Agreement by the end of 2020 50% of our new commitments go to climate and environmental goals by 2025 €1 trillion of climate and environmental investment by 2030 O © Shutterstock The European Investment Bank is the European Union’s bank and the world’s biggest multilateral lender. From small businesses to massive infrastructure projects, we back sustainable investments. www.eib.org/climate The European Investment Bank SUSTAINABLE INVESTMENT FOR CLIMATE AND ENVIRONMENT EDITORIAL Aligned with the Paris Agreement by the end of 2020 FOR A EUROPEAN 50% of our new commitments go to climate and environmental goals by 2025 €1 trillion of climate and environmental investment by 2030 STRATEGIC INDUSTRIAL AUTONOMY Paving a new industrial path for Europe industries to pool resources and technologies. ver the last few months, Europe has involves setting new objectives. This new The “European preference” should secure faced an unprecedented health and industrial approach must first of all be more and strengthen the European space industry O economic crisis, which has exposed circular with disruptive technologies for along with its strategic autonomy. major vulnerabilities and in particular our greener and digital industrial production. overdependence in several critical and The EU should regain its health sovereignty strategic sectors. Today’s geopolitical realities The EU is currently building its recovery and build the Europe of Health, with the force the EU institutions to redefine a new plan aiming to increase its investment adoption of strong measures. Regaining our industrial strategy that is fit for the 21st capacity in strategic sectors. health sovereignty, in critical areas such as century. The EU should modernise and decarbonise pharmaceuticals and food, remains essential its energy-intensive industries and boost to build resilience in order to ensure supply In the face of increased international com- investment in renewable infrastructure. To for Europe. petition and in a fast-growing global market become more competitive and self-sufficient, with new needs, Europe must strike the right the industry will need a secure supply of clean The EU’s industrial transformation through balance, one that fosters innovation, competi- and affordable energy. an ambitious green and digital transformation Otiveness and leadership. strategy must help strengthen Europe’s com- The EU should strengthen its industrial petitiveness on the world stage, create new First and foremost, competition rules must capacity in the digital world. The pandemic has quality jobs and develop new solutions for be adapted to current challenges in order to shown how important it is for Europe to have tomorrow’s societal challenges. maximise the potential of our industries. access to the best physical and digital infra- structure. Building a safer and more inclusive Progress often emerges from crises. Now Setting up new legal tools such a digital tax digital society calls for a regulatory envi- we’ll see how Europe leverages the current or a carbon border adjustment mechanism ronment that fosters innovation and supports crisis to unleash its political and economic will help further protect Europe’s economic the development of new technologies and leadership. interests. Access to the Single Market must applications; as such, Artificial Intelligence is be in line with European standards and one of the keys to European competitiveness values so as to strengthen the continent’s in the digital age. Editor-in-Chief strategic autonomy all the while preserving LAURENT ULMANN the advantages of an open economy. This The EU should increase its investment in is what the European Commission is pro- the space sector if we are to develop a sus- moting through its concept of “open strategic tainable European space industry and foster © Shutterstock autonomy”. synergies between civil, space and defence The European Investment Bank is the European Union’s bank and the world’s biggest multilateral lender. From small businesses to massive infrastructure projects, we back sustainable investments. Management: The European Files / Les Dossiers Européens - 19 rue Lincoln, 1180 Brussels www.eib.org/climate www.europeanfiles.eu - ISSN 1636-6085 - email: [email protected] Publication Director and Editor-in-Chief: Laurent ULMANN Layout & printing: VAN RUYS PRINTING Copyright: Shutterstock, European Commission TABLE OF CONTENTS FOR A EUROPEAN STRATEGIC INDUSTRIAL AUTONOMY Setting up a model to revive the European Giving rise to new European industrial leaders capable industry based on the battery alliance 6 of ensuring Europe’s strategic autonomy 18 Maroš Šefčovič, Vice-President, European Commission Angelika Niebler, MEP (EPP Group), Member of the ITRE Committee Building a stronger, more resilient future for Europe today 7 European Batteries, a Proven Piece of the Clean Energy Thierry Breton, Commissioner for Internal Market, Transition, and a Booster for the Economic Recovery of European Commission the Continent 20 Diego PAVÍA, Chief Executive Officer of EIT InnoEnergy Strengthening the EU’s resilience and strategic autonomy 8 Sustainability is EU’s competitive Bruno Le Maire, French Minister for Economy and Finances advantage in battery rivalry 22 Miapetra Kumpula-Natri, MEP (S&D Group), An industrial policy geared towards Member of the ITRE Committee future-proof sectors 10 Cristian-Silviu Buşoi, MEP (EPP Group), Chair of ITRE A Circular Economy Action Plan for strengthening the Committee industrial autonomy of Europe 23 Sirpa Pietikainen, MEP (EPP Group), A joint action towards a European recovery 11 Member of the ECON Committee Philippe Donnet, Generali Group CEO Chemical recycling: a contribution to the The pandemic presents an opportunity to recolour EU strategic industrial autonomy 24 industry green 12 Jean Hornain, CEO of CITEO Ambroise Fayolle, Vice President of the European Investment Bank Hydrogen, the key to decarbonising our industry: the example of energy-intensive sectors 26 Climate-neutral and circular economy solutions are Jorgo Chatzimarkakis, Secertary General of Hydrogen key to building a sustainable recovery for Europe 14 Europe Alfred Stern, Chief Executive (CEO) of Borealis Increasing Europe’s Energy Autonomy: Offshore How trade policy could better facilitate the transition Renewable Energy and Energy Storage 27 towards a greener, fairer, and more responsible economy 16 Claudia Gamon, MEP, (Renew Europe Group), Member of Marie-Pierre Vedrenne, MEP (Renew Europe Group), the Committee on the Environment, Public Health and Food Vice-Chair of the European Parliament Committee on Safety International Trade Green Hydrogen – Chances and Challenges for a No resilience without sustainability 17 competitive, sustainable transport sector? 28 Miriam Dalli, MEP (S&D Group) Jan-Christoph Oetjen, MEP (Renew Europe Group), Member of the ENVI Committee Vice Chair of TRAN Committee FOR A EUROPEAN STRATEGIC INDUSTRIAL AUTONOMY Large-scale decarbonisation solutions for a climate Deployment of Artificial Intelligence is key to neutral industry and jobs in Europe 30 European competitiveness 42 François-Régis Mouton de Lostalot-Lassalle, IOGP, Henna Virkkunen, MEP (EPP Group), Regional Director Europe Member of the ITRE Committee Strengthening European resilience in the manufacturing Fostering greater connectivity across Europe 43 and supply of medicines 32 Dita Charanzova, MEP (Renew Europe Group), VP of Philippe Luscan, Executive Vice President, European Parliament, Member of the IMCO Committee Global Industrial Affairs, Sanofi Shaping Europe’s Digital Future 44 Let us not wait for the next crisis to regain European Pilar Del Castillo, MEP (EPP Group), health independence 34 Member of the ITRE Committee Véronique Trillet-Lenoir, MEP (Renew Europe Group), Member of the ENVI Committee A cybersecurity strategy for a strong and sovereign digital Europe 45 Response to European Parliament’s Resolution on Eva Kaili, MEP (S&D Group), Member of the ITRE Committee medicine shortages of 17 September 2020 36 Simon White, Chair of EFPIA Supply ECSEL JU – Securing Europe’s future through Chain Working Group impactful RD&I in electronics 46 Luciano Gaudio, Deputy Head of Unit for Communications, The EU recovery package and the 2021-2027 budget: ECSEL Joint Undertaking useful levies to foster a European strategic autonomy? 38 Dominique Riquet, MEP (Renew Europe – France), Why is the aerospace & defence ecosystem the right Member of the TRAN level for the industrial strategic autonomy? 48 Nathalie Errard, Senior Vice President, The risk of picking winners 39 Head of EU & NATO Affairs, Airbus Maria da Graça Carvalho, MEP (EPP Group - Portugal), Member of the ITRE Committee Implementing the European Defence Fund and the Action Plan on Military Mobility 49 The crisis should cement our commitment to the Michael Gahler, MEP (EPP Group), Green Deal and hasten the need for a green, Member of the SEDE Committee digital and resilient recovery 40 Morten Helveg Petersen, MEP (Renew Europe - Denmark) Advocacy for more investments and less naivety in Vice-Chair ITRE Committee European space policy 50 Christophe Grudler,MEP (Renew Europe Group), Member Strengthening Europe’s industry as an engine for growth of the ITRE Committee, Vice-President of the Sky&Space and a catalyst for the green and digital transformation 41 Intergroup, Vice coordinator
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