For those who are not familiar with the Taxonomy Regulation, it aims at “launching an ambitious and comprehensive strategy for sustainable finance with the aim of redirecting capital flows to help generate sustainable and inclusive growth”. A draft Delegated Act “establishing the technical screening criteria for determining the conditions under which an economic activity qualifies as […]
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FARM TO FORK NEWS: FOOD SECURITY DIVIDES THE COMMISSION
While the conflict between Russia and Ukraine is going on in the East of Europe, agricultural markets are still suffering its consequences, notably in the price raise of fertilizers and the possible shortages on the cereal markets. The EU institutions are discussing alternative solutions to the short-term problems that the conflict is creating within the EU agri-food chain following on last month’s Commission declaration of ‘Food Security’. Commissioner Wojciechowski repeatedly stressed the importance of reducing fertilizers dependency, while EU and national agricultural organizations call on the Commission for further support of the chain and derogations from the environmental obligations. The Executive Vice-President of the European Commission contested that the war in Ukraine has any impact on food security in front of the ENVI committee of the European Parliament, asking the MEPs for continued support for the Farm to Fork.
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