The Confederation of Swedish Enterprise, along with its Nordic sister organisations, has jointly produced a submission and proposals to the EU Industrial Forum.
This stresses that the recommendations by the Industrial Forum should be based on a step-by-step approach, where the first step should be to assess whether the regulatory framework of any given ecosystem is fit for purpose.
The EU Industrial Forum was set up by the European Commission in the EU Industrial Strategy in March 2020. The Forum is a high-level group, designed to support the European Commission in the implementation and working of the Industrial Strategy. With a view to unlock the potential of new value chains and innovation-driven “locomotives” for the recovery of the EU, the Industrial Forum is mandated to provide recommendations to the Commission on a “dedicated toolbox” (which could include regulatory action, unlocking financing or making the most of trade defense instruments) to foster the twin transition of relevant ecosystems, in line with the Industrial Strategy.
We believe that the recommendations put forward by the Industrial Forum should be based on a step-by-step approach to the abovementioned toolbox. The first step should be to assess whether the regulatory framework of any given ecosystem is fit for purpose, i.e. regulatory barriers that need removal or introduction of new regulatory measures that can underpin industrial development in the ecosystems. The Forum should conduct a thorough analysis on this and provide recommendations for regulatory action - horizontal as well as sector-specific actions.
Once the regulatory aspects of the ecosystems have been assessed in detail, investments needs should be assessed and proposals to unlock investments, private and public, should be developed as a second step. IPCEI should not become the norm but be utilized only when strictly necessary. Furthermore, the use of IPCEIs should be based on strict principles and can only be justified in case of documented market failure.
Similarly, consideration on the use of trade defence instruments should be reserved for later steps. In general, the EU should keep a balanced approach to trade defence instruments that allows European companies access to global supply chains,
In line with this step-by-step approach, the recommendations listed below focus solely on the regulatory part of the “toolbox”.
Ecosystem for Digital:
Ecosystem for low carbon energy intensive industry :
Energy-Intensive Industries and low- and zero-emission Energy ecosystems:
Ecosystem for Health: