A strategic framework initiative just published by the European Commission seeks a more sustainable use of natural resources and supports a shift towards resource-efficient, low-carbon growth in Europe.
According to EC President José Manuel Barroso, smarter use of scarce resources is both a ‘strategic necessity’ and ‘economic opportunity’.
The strategy is the seventh and last of the Europe 2020 flagship initiatives that aim to promote ‘smart, sustainable and inclusive’ growth for Europe. It establishes resource efficiency as the guiding principle for many EU policy areas including industry, energy and transport. The aim is to improve food security in developing countries and make the EU more resilient to future rises in global energy and commodity prices.
Measures regarding commodity markets and raw materials are among initiatives to be tabled in 2011.
“Through more resource-efficiency, clearer long-term policies and joint investments in green innovation, we are strengthening the basis for growth and jobs for our citizens and delivering on our climate and energy objectives,” Mr Barroso said.