EC released a statement on the first 100 days of President Ursula von der Leyen Commission. Within its first 100 days, this EC focused on delivering its most important priorities set in the President's political guidelines. EC remains committed to driving the work on the twin transition, toward a green and digital Europe. EC also published the remarks by President Ursula von der Leyen at the press conference on the first 100 days of her mandate.
As early as day 11, EC presented a European Green Deal, a roadmap to stop climate change, cut pollution, and protect biodiversity. The European Green Deal is the new growth strategy. It also presented a European Green Deal Investment Plan, which should generate EUR 1 trillion of investments to support a green and modern EU economy. Resolution of the European Committee of the Regions with respect to the Green Deal in partnership with local and regional authorities has also been published in the Official Journal of European Union. The statement highlights the next steps toward a green Europe.
Additionally, the EC strategy for shaping the digital future of Europe covers everything from cybersecurity to digital education, from platforms to super-computing. It aims to help everyone seize the opportunities brought by technological change, within safe and ethical boundaries. It sets the path for developing cutting-edge yet trustworthy artificial intelligence in the EU, with proposals to come by the end of the year. It also lays out a Data Strategy to tap fully into the potential of data, for the benefit of people and businesses. The next steps toward a digital Europe include the following:
- A Digital Services Act, by the end of the year, to bring clearer responsibilities and modernized rules for online platforms
- New rules on artificial intelligence that respect human safety and rights
- A common standard for online digital identity for people and businesses
- New rules on cybersecurity of critical infrastructure and services
- Press Release
- Remarks by President von der Leyen
- Resolution of the European Committee of the Regions
Keywords: Europe, EU, Banking, Insurance, Securities, European Green Deal, Climate Change Risk, Cybersecurity, ESG, Artificial Intelligence, EC
Dr. Denton provides industry leadership in the quantification of sustainability issues, climate risk, trade credit and emerging lending risks. His deep foundations in market and credit risk provide critical perspectives on how climate/sustainability risks can be measured, communicated and used to drive commercial opportunities, policy, strategy, and compliance. He supports corporate clients and financial institutions in leveraging Moody’s tools and capabilities to improve decision-making and compliance capabilities, with particular focus on the energy, agriculture and physical commodities industries.
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