We, as the representatives of the industry and employers’ associations of the Central and Eastern European region, acknowledge the objectives of the EU Green Deal and its “Fit for 55” update and are ready to contribute responsibly to the EU climate neutrality target by 2050.
Such profound transformation, however, is an unprecedented technological and economic challenge, requiring enormous capital spending on research and development, rethinking of production processes, and deploying breakthrough technologies to deliver substantial emission reductions.
High energy price reduce the resources that companies could invest in new technologies and green transition projects. For energy-intensive industries, higher energy prices increase costs by hundreds of millions of euros a year, affecting their competitiveness.
Due to this rather challenging picture, it is of outmost importance for the EU and national policy makers to develop the right framework and sufficient conditions, as outlined below, for the European industry to make its decarbonization plans and solutions economically feasible and thus preserve its competitiveness.
In this respect, the Fit for 55 need to take into account these basic principles/recommendations:
The overall transformation can be delivered only by a comprehensive regulatory framework that improves overall investment conditions, accelerates permitting procedures, and mainstreams the competitive transformation across several policy areas, including climate and energy, taxonomy, trade, state aid, industry, R&I, etc.
In order to achieve the objectives mentioned above, a level playing field needs to be ensured to avoid competitive disadvantages, globally but also within the EU.
European industries have a long history and are leaders in innovation, quality, and environmental performance. Therefore, it is essential that the transition will be made possible for all European plants and workforces over time and will be as orderly as possible.
The industry needs to preserve international competitiveness throughout the transition and beyond to retain financial ability and attractiveness to invest.
Croatian Employers' Association - Croatia
Federation of Austrian Industries – Austria
MGYOSZ – BUSINESSHUNGARY - Hungary
The National Union of Employers – Slovakia
Svaz průmyslu a dopravy ČR – Czech Republic
Združenje Delodajalcev Slovenije - Slovenia