The ecological transition requires a rethinking of supply chains as there will be many changes in the supply chain. a growing need – of raw materialssuch as lithium, nickel, gallium and much more. The political crises of recent years that have also affected Europe have shown the urgent need for to rethink the EU’s position in the global value chains it depends on to build products such as batteries, electric cars, photovoltaic panels, wind turbines and more.
The green and digital transition will determine the EU’s future. an exponential growth in the demand for these materials. Contextually, the scarcity of supply will intensify the market. the global competition. For this reason, Germany, Italy and France have decided to intensify their collaboration precisely in this sector.
Yesterday, the German Minister of Economy and 39;Climate Action, Robert Habeck, met in Berlin with the Ministers of Economy and Industry of Italy and France, Adolfo Urso and Bruno Le Maire. During this summit, which was also attended by some representatives of the industrial sector, there was It was a discussion on the prospects and possible solutions to achieve security in the supply of raw materials.
GERMANY-FRANCE-ITALY AXIS
Therefore, the ministers discussed the challenges that will have to be faced in the future and agreed to “coordinate the proposals put forward in international fora, such as the G7 working groups and to agree on common positions on the critical raw materials law of the EU”. EU for further negotiations of Europe”.
In particular, following the summit, the 3 countries undertake to carry out a series of commitments:
- Establishing objectives of extraction, processing and recycling for strategic raw materials
- Strengthening measures to promote the reuse and recycling of Strategic Raw Materials (SRM)/Critical Raw Materials (CRM) in Europe
- Ambitious environmental, social and governance (ESG) criteria
< li>The extension of CRM/SRM listings, especially to include aluminum
To secure the entire supply chain, the collaboration between the 3 countries will be limited. intensified at the format level, sharing data and support criteria for joint investments in strategic projects. In addition, it will be created a working group to monitor these initiatives and ensure their correct implementation. Among the ideas in the field there are also the creation of shared stocks and joint purchases. Minister Adolfo Urso commented:
With the meeting in Berlin, a new phase begins in the definition of European industrial policy which will allow us to develop a new phase in the definition of European industrial policy. to address the challenges of the twin ecological and digital transitions, in order to guarantee the strategic autonomy of the EU. Italy, Germany and France represent a significant part of the Union economy and have shared value chains in many sectors. We represent one of the great global economic engines. Together, with our values, we can determine the future of the common European home.
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