The second High-level meeting of the renewables section of the EU Clean Energy Industrial Forum took place in Brussels on 18th March at the European Commission headquarters building, the Berlaymont. Opened by Miguel Arias Cañete, European Commissioner for Climate Action and Energy, it was attended by a group of 22 CEOs, industry leaders, and representatives from international organisations.
The world’s largest economies, particularly the EU, China, the US, Mexico and Canada, are all projected to suffer economically from the re-emergence of economic protectionism, and a significant increase in trade tariffs. In the case of the EU, the bloc would experience a 1% contraction in GDP, a 0.3% lower rate of employment, and a 1.1% decrease in imports by 2030, compared to a ‘no new tariffs’ baseline scenario.
Concerns the new 2019-2021 work plan to review the operation and implementation of the WTO’s Agreement on Technical Barriers to Trade (TBT), with several mentions of EU policies including eco-design and transitional periods for minimum residue in pesticides.