January 24, 2020

FEAD position on the Sustainable Investment Regulation

Brussels, 24 January 2020 – In a joint vote, the European Parliament’s Environment (ENVI) and Economic affairs (ECON) committees have approved the provisional agreement with the European Council and Commission on the Sustainable Investment Regulation. This first step recognises and promotes “green investments”, providing a basis to the upcoming taxonomy.

Yet, FEAD believes that, in view of moving towards a fully circular economic system, the taxonomy should provide a comprehensive description of all activities part of the waste treatment chain. The private waste management sector expects all operations contributing to more recycling to be included under the taxonomy. Selective collection, sorting and recovery of residual waste after recycling of municipal and commercial & industrial waste are all crucial steps in transitioning towards a more circular economy at the European level.

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