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Explainer: EU Biodiversity Strategy for 2030 – Bringing nature back into our lives

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1. What is the new 2030 Biodiversity Strategy?

The new 2030 Biodiversity Strategy is a comprehensive, systemic and ambitious long-term plan for protecting nature and reversing the degradation of ecosystems. It is a key pillar of the European Green Deal and of EU leadership on international action for global public goods and sustainable development goals.

With an objective to put Europe’s biodiversity to recovery by 2030, the Strategy sets out new ways to implement existing legislation more effectively, new commitments, measures, targets and governance mechanisms. These include:

Transforming at least 30% of Europe’s lands and seas into effectively managed protected areas. The goal is to build upon existing Natura 2000 areas, complementing them with nationally protected areas, while ensuring strict protection for areas of very high biodiversity and climate value.

Restoring degraded ecosystems across the EU that are in a poor state, as well as reducing pressures on biodiversity. The Strategy proposes a far-reaching EU Nature Restoration Plan that includes: Subject to an impact assessment, developing a proposal for a new legal framework for nature restoration, with binding targets to restore damaged ecosystems, including the most-carbon-rich ones; Improving the conservation status or trend of at least 30% of EU protected habitats and species that are not in a favourable status; Restoring at least 25,000 km of rivers to be free-flowing; Halting and reversing the decline in farmland birds and insects, particularly pollinators; Reducing the overall use of and risk from chemical pesticides, and reducing the use of the more hazardous/dangerous ones by 50%; Manage at least 25% of agricultural land under organic farming, and significantly enhance the uptake of agro-ecological practices; Reducing the losses of nutrients from fertilisers by at least 50% and fertiliser use by at least 20%; Planting at least 3 billion trees, in full respect of ecological principles and protecting the remaining primary and old-growth forests; Eliminating bycatch of protected species or reducing it to a level that allows full species recovery and does not threaten their conservation status.

Enabling transformational change. The Strategy sets in motion a new process to improve biodiversity governance, ensuring Member States integrate the commitments of the strategy into national policies. A Biodiversity Knowledge Centre and a Biodiversity Partnership will support better implementation of biodiversity research and innovation in Europe. The Strategy seeks to stimulate tax systems and pricing to better reflect real environmental costs, including the cost of biodiversity loss, and that biodiversity is truly integrated into public and business decision-making.

2. Why is biodiversity important?

Biodiversity – the variety of life on Earth, including plants, animals, fungi, micro-organisms, and the habitats in which they live – and ecosystems that living species form, provide us with food, materials, medicines, recreation, health and wellbeing. They clean the water, pollinate the crops, purify the air, absorb vast quantities of carbon, regulate the climate, keep soils fertile, provide us with medicine, and deliver many of the basic building blocks for industry.

Damaged ecosystems are more fragile, and have a limited capacity to deal with extreme events and new diseases. Well-balanced ecosystems, by contrast, protect us against unforeseen disasters and, when we use them in a sustainable manner, they offer many of the best solutions to urgent challenges.

Losing biodiversity is:

  • a climate issue – destroying and damaging ecosystems and soils speeds up global warming while nature restoration mitigates climate change;
  • a business issue – natural capital provides essential resources for industry and agriculture;
  • a security and safety issue – loss of natural resources, especially in developing countries, can lead to conflicts and increases everywhere vulnerability to natural disasters;
  • a food security issue – plants, animals including pollinators and soil organisms play a vital role in our food system;
  • a health issue – the destruction of nature increases the risk and reduces our resilience to diseases. Nature also has a beneficial effect on peoples’ mental health and welfare;
  • an equity issue – loss of biodiversity hurts the poorest most of all, making inequalities worse;
  • an intergenerational issue – we are robbing our descendants of the basis for a fulfilled life.

3. How will the implementation of the Biodiversity Strategy boost Europe’s recovery after the coronavirus crisis?

The European Green Deal, including this Biodiversity Strategy, is Europe’s growth strategy and will drive the recovery from the crisis. It will bring economic benefits and will help strengthen our resilience to future crises. The three key economic sectors – agriculture, construction and food and drink – are all highly dependent on nature and they generate more than EUR 7 trillion. Benefits of the EU Natura 2000 nature protection network are valued at between EUR 200-300 billion per year.

Investing in nature also means investing in local jobs and business opportunities, such as nature restoration, organic agriculture, and in green and blue infrastructure. The investment needs of the Natura 2000 nature protection network are expected to support as many as 500,000 additional jobs. Organic farming provides 10-20% more jobs per hectare than conventional farms. Greening the cities offers many innovative job opportunities, from designers and city planners, to urban farmers and botanists.

Conversely, if we continue down the business as usual path of ecosystem destruction, the continued degradation of our natural capital will considerably limit business opportunities and socio-economic development potential. The economic and social costs of inaction on environmental and climate issues would be huge, leading to frequent severe weather events and natural disasters as well as reducing the average EU GDP by up to 2% and by even more in some parts of the EU.* The world lost an estimated EUR 3.5-18.5 trillion per year in ecosystem services from 1997 to 2011, owing to land-cover change, and an estimated EUR 5.5-10.5 trillion per year from land degradation. Biodiversity loss results also in reduced crop yields and fish catches and the loss of potential new sources of medicine.

4. How serious is the problem of biodiversity loss?

As a result of unsustainable human activities, the global population of wild species has fallen by 60% over the last 40 years. About 1 million species are at the risk of extinction within decades. The main drivers of this loss are the conversion of natural habitats into agricultural land and the expansion of urban areas. Other causes include the overexploitation of natural resources (such as overfishing and destructive farming practices), climate change, pollution, and invasive alien species.

5. Is there a link between biodiversity loss and spread of diseases?

It is becoming clear that resilience of our society to the risks for outbreaks of zoonotic diseases with pandemic potential is weakened by demographic and economic factors. They put pressure on ecosystems leading to unsustainable exploitation of nature, including deforestation and illegal or poorly regulated wildlife trade.

If we want a healthy society, we need healthy ecosystems. We need enough space for wild animals and we need to have them in sufficient numbers. That way they act as a buffer against diseases that have no place among humans and help prevent pandemic outbreaks.

Global wildlife trade as well as poorly controlled “wet” animal markets in which fish, domestic and wild animals are sold are also an important risk factor for disease spread.

6. How does the Biodiversity Strategy support efforts to fight climate change?

Biodiversity loss and climate change are interdependent. Climate change is the third biggest driver of biodiversity loss and this loss of biodiversity has a negative effect on the climate at the same time. Instead of storing carbon in soils and biomass, damaged ecosystems release it back into the atmosphere. Deforestation increases the amount of carbon dioxide in the atmosphere, which alters the climate and leads to further biodiversity loss.

Nature based solutions such as protecting biodiversity and restoring ecosystems are an excellent means of countering the effects of climate change and a very cost-effective use of resources.Restoring forests, soils and wetlands and creating green spaces in cities are essential to achieve the climate change mitigation needed by 2030.

The Nature Restoration Plan, a core element of the Biodiversity Strategy, will help reverse the decline of many terrestrial and marine species and habitats and restore them to a healthy condition.

7. How will this transformative change be financed?

The Strategy will require significant investments. At least EUR 20 billion/year  should be unlocked for spending on nature, in particular to restore ecosystems, invest in the Natura 2000 network, and in green and blue infrastructure across EU Member States. This will require mobilising private and public funding at national and EU level, including through a range of different programmes in the next long-term EU budget. Moreover, as nature restoration will make a major contribution to climate objectives, a significant proportion of the 25% of the EU budget dedicated to climate action will be invested on biodiversity and nature-based solutions.

Under InvestEU, a dedicated natural-capital and circular-economy initiative will be established to mobilise at least EUR 10 billion over the next 10 years, based on public/private blended finance. Nature and biodiversity is also a priority for the European Green Deal Investment Plan. To help unlock the investment needed, the EU must provide long-term certainty for investors and help embed sustainability in the financial system. The EU sustainable finance taxonomy will help guide investment towards a green recovery and the deployment of nature-based solutions.

8. What will be EU’s position in the international negotiations on the post-2020 biodiversity framework?

The Commission’s new Biodiversity Strategy outlines the commitments the EU could take at the Conference of the Parties to the Convention on Biological Diversity in in 2021. With this strategy, the Commission proposes to the Council that the EU calls for the following elements to be included:

Overarching long-term goals for biodiversity in line with the United Nation vision of “living in harmony with nature” by 2050. The ambition should be that by 2050 all of the world’s ecosystems are restored, resilient, and adequately protected. The world should commit to the net-gain principle to give nature back more than it takes. The world should commit to no human-induced extinction of species, at minimum where avoidable;

Ambitious global 2030 targets in line with the EU commitments proposed in the new Biodiversity Strategy;

Improved means of implementation in areas such as finance, capacity, research, know-how and technology;

A far stronger implementation, monitoring and review process;

A fair and equitable sharing of the benefits from the use of genetic resources linked to biodiversity

9. How will this Strategy help us tackle the global biodiversity challenge?

Although tackling biodiversity loss in Europe is essential for sustainable development, most major biodiversity hotspots are outside Europe.

The EU is committed to lead by example on environmental preservation and sustainable use of natural resources not only within its borders, but also outside. It is also determined to capitalise on international partnerships to promote the biodiversity agenda, as part of the European Green Deal and to accompany the transition in developing countries. This Strategy lays down a decisive political framework to tackle the challenges ahead.

In terms of development cooperation, it lays down how we will engage in greater cooperation with partner countries and offer increased financing for biodiversity-friendly actions, as well as the phasing out of subsidies that can be harmful for nature. On trade, the Commission will deploy measures to ensure that its trade policies ‘do no harm’ to biodiversity. The EU is also promoting the role of non-state actors and indigenous groups in this process, which is essential to ensure all stakeholders are involved and the transition to a more sustainable development path also benefits the most vulnerable groups.

10. What does the Strategy mean for:

  •  Agricultural land?

The Biodiversity Strategy, together with the Farm to Fork Strategy published at the same time, includes commitments to reverse the decline of pollinator insects. The Commission proposes that 10% of agricultural land should consist of ‘high-diversity landscape features’, for instance in the form of hedges or flower strips, and the environmental impacts of the agricultural sector should be significantly reduced by 2030. The progress towards the target will be under constant review, and adjustment if needed, to mitigate against undue impact on biodiversity, food security and farmers’ competitiveness. A quarter of agricultural land should be under organic farming management by 2030, and the use and risk from pesticides should be reduced by 50%, as well as the use of the more hazardous/dangerous pesticides.

  •  Forests?

A major drive is foreseen to protect and restore EU forests, including primary and old growth forests. An objective of reaching 3 billion additional trees in the EU by 2030, i.e. doubling the current trend, is also included. The aim is to increase the area of forest coverage in the EU, the resilience of forests and their role in reverting biodiversity loss, mitigating climate change and helping us adapt to it.

  •  Soil?

The Strategy sets a commitment to restore degraded soils, update the EU Soil Thematic Strategy, and achieve EU and international commitments on land degradation neutrality. The Zero Pollution Action Plan for air, water and soil, to be adopted by the Commission in 2021, will address in particular soil contamination prevention and remediation.

  •  Marine ecosystems?

The Strategy aims to strengthen the protection of marine ecosystems and to restore them to achieve “good environmental status”, including through the expansion of protected areas and the establishment of strictly protected areas for habitats and fish stocks recovery. It stresses the need for an ecosystem-based approach to the management of human activities at sea. This means addressing the overexploitation of fishing stocks to or under, Maximum Sustainable Yield levels (i.e. a level that will allow a healthy future for the fish stock’s biomass); eliminating bycatch, or at least reducing it to non-dangerous levels, in order to protect sea mammals, turtles and birds, especially those that are threatened with extinction or in bad status; and tackling practices that damage the seabed.

  •  Freshwater ecosystems?

The implementation and enforcement of the EU’s legal framework on water and nature will be stepped up. In support of this, at least 25,000 km of rivers will be restored to a free-flowing state through the removal of barriers and the restoration of floodplains.

  •  Cities and local governments?

The promotion of healthy ecosystems, green infrastructure and nature-based solutions should be systematically integrated into urban planning, including in the design of buildings, public spaces and infrastructure, working with the Covenant of Mayors to build a movement towards nature and biodiversity actions and strategies under a new ‘Green City Accord’.

  •  Pollution?

Pollution is a major driver of biodiversity loss. The strategy calls for the elimination of pollution from nitrogen and phosphorus flows from fertilisers by 2030. Fertilizer use should be reduced by at least 20% by 2030. To achieve, this, the Commission shall present a Zero Pollution Action Plan for Air, Water and Soil in 2021, an Integrated Nutrient Management Action Plan in 2022, and an EU Chemicals Strategy for Sustainability.

  •  The spread of invasive alien species?

A commitment to significantly limit the introduction of invasive alien species, with the aim of decreasing the number of Red List species threatened by invasive alien species by 50% is made in the strategy. To achieve this, a new implementation drive for the Invasive Alien Species Regulation is foreseen, focusing on the prevention of new introductions and the management of established invasive alien species.

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EU Politics

Innovation performance keeps improving in EU Member States and regions

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The Commission has today released the European Innovation Scoreboard 2021, which shows that Europe’s innovation performance continues to improve across the EU. On average, innovation performance has increased by 12.5% since 2014. There is continued convergence within the EU, with lower performing countries growing faster than higher performing ones, therefore closing the innovation gap among them. According to the 2021 Regional Innovation Scoreboard also published today, this trend applies to innovation across EU regions. In the global landscape, the EU is performing better than its competitors like China, Brazil, South Africa, Russia, and India, while South Korea, Canada, Australia, the United States, and Japan have a performance lead over the EU. This year’s European Innovation Scoreboard is based on a revised framework, which includes new indicators on digitalisation and environmental sustainability, bringing the scoreboard more in line with the EU political priorities.

Key findings 

 Based on their scores, EU countries fall into four performance groups: Innovation leaders, Strong innovators, Moderate innovators and Emerging innovators. 

  • Sweden continues to be the  EU Innovation Leader, followed by Finland, Denmark and Belgium, all with innovation performance well above the EU average. 
  • The performance groups tend to be geographically concentrated, with the Innovation Leaders and most Strong Innovators being located in Northern and Western Europe, and most of the Moderate and Emerging Innovators in Southern and Eastern Europe. 
  • On average, the innovation performance of the EU has increased by 12.5 percentage points since 2014.  Performance has increased the most in Cyprus, Estonia, Greece, Italy and Lithuania. 
  • Five Member States witnessed an improvement in performance of 25 percentage points or more (Cyprus, Estonia, Greece, Italy and Lithuania). Four Member States had a performance improvement of between 15 and 25 percentage points (Belgium, Croatia, Finland, and Sweden). For eight Member States, performance improved between 10 and 15 percentage points (Austria, Czechia, Germany, Latvia Malta, Netherlands, Poland and Spain). The remaining 10 Member States witnessed an improvement in performance of up to ten percentage points.
  • Comparing the EU average to a selection of global competitors, South Korea is the most innovative country, performing 36% above the score of the EU in 2014 and 21% above the EU in 2021. The EU is ahead of China, Brazil, South Africa, Russia, and India in this year’s EIS, while Canada, Australia, the United States, and Japan have a performance lead over the EU. 
  • Innovation performance has increased for 225 regions out of the total of 240 regions over the period since 2014. There has been a process of convergence in regional performance over time, with decreasing performance differences between regions. 
  • The most innovative region in Europe is Stockholm in Sweden, followed by Etelä-Suomi in Finland, and Oberbayern in Germany. Hovedstaden in Denmark is in fourth place, and Zürich in Switzerland is in fifth place. 

Members of the College said:

Thierry Breton, Commissioner for Internal Market, said: “European innovations like the technologies at the heart of new COVID-19 vaccines have been crucial to fighting and overcoming the current pandemic. The EU’s improved innovation performance is a very positive signal. Investing in innovation is investing in our ability to be at the technological forefront for a sustainable, digital and resilient economy and society.”

Mariya Gabriel, Commissioner for Innovation, Research, Culture, Education and Youth, said: “Europe’s commitment to innovation is shown by its continuous improvement in innovation performance. All EU Member States and regions are investing more on innovation and the innovation gap in the EU is decreasing. In support of Europe’s innovation capacity, Horizon Europe will promote excellence and support top researchers and innovators to drive the systemic changes needed to ensure a green, healthy and resilient Europe.”

Elisa Ferreira, Commissioner for Cohesion and Reforms, said: “Innovation is increasingly one of the deciding factors to promote development and convergence across the European. While these important reports highlight the progress made in much of Europe, a significant innovation divide still remains, particularly for less developed and peripheral regions. Addressing the innovation divide is critical for economic, social and territorial cohesion. Cohesion funds will continue to promote smart and place based innovation strategies.

Background 

The European innovation scoreboard provides a comparative analysis of innovation performance in EU countries, other European countries and regional neighbors. It assesses relative strengths and weaknesses of national innovation systems and helps countries identify areas they need to address. The first European innovation scoreboard was released in 2001. The European Innovation Scoreboard demonstrates the commitment of the EU and its Member States to research and innovation that is based on excellence and that it is competitive, open and talent-driven. It also supports the development of policies to enhance innovation in Europe and inform policy makers in the rapidly evolving global context. Moreover, research and innovation is an essential part of the coordinated EU response to the coronavirus crisis, supporting also Europe’s sustainable and inclusive recovery. Measuring innovation performance is a key element in achieving this goal.  

About two-thirds of Europe’s productivity growth over the last decades has been driven by innovation, according to the report ‘Science, Research and Innovation performance of the EU, 2020 (SRIP)‘. Research and innovation boost the resilience of our production sectors, the competitiveness of our economies and the digital and ecological transformations of our societies. They also ensure preparedness for the future and are critical to deliver on the European Green Deal and on the Digital Compass.  Horizon Europe, the EU’s research and innovation programme for the years 2021-2027 with a budget of €95.5 billion, will help accelerate Europe’s environmental and digital transformations. Over the same period, cohesion policy will invest over €56.8 billion in research and innovation capacities, digitalisation and skills to support the innovative and green economic transformation of the European regions. These aims also lie at the core of the EU’s updated Industrial Strategy, which proposes new measures to strengthen the resilience of our Single Market. The Strategy also proposes measures to respond to our dependencies in key strategic areas as well as accelerate the green and digital transitions – all of which will be instrumental in boosting the EU’s performance in innovation. In addition, the European Research Area (ERA) will create a single and borderless market for research, innovation and technology, based on excellence, while at the same time boosting the market uptake of research and innovation results across the EU.

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EU clears way for the EU Digital COVID Certificate

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Today, the Presidents of the three EU institutions, the European Parliament, the Council of the EU and the European Commission attended the official signing ceremony for the Regulation on the EU Digital COVID Certificate, marking the end of the legislative process. On this occasion Presidents David Sassoli and Ursula von der Leyen and Prime Minister António Costa said:

“The EU Digital COVID Certificate is a symbol of what Europe stands for. Of a Europe that does not falter when put to the test. A Europe that unites and grows when faced with challenges. Our Union showed again that we work best when we work together. The EU Digital COVID Certificate Regulation was agreed between our institutions in the record time of 62 days. While we worked through the legislative process, we also built the technical backbone of the system, the EU gateway, which is live since 1 June.

We can be proud of this great achievement. The Europe that we all know and that we all want back is a Europe without barriers. The EU Certificate will again enable citizens to enjoy this most tangible and cherished of EU rights – the right to free movement. Signed into law today, it will enable us to travel more safely this summer. Today we reaffirm together that an open Europe prevails.”

EU Digital COVID Certificate

The aim of the EU Digital COVID Certificate is to facilitate safe and free movement inside the EU during the COVID-19 pandemic. All Europeans have the right to free movement, also without the certificate, but the certificate will facilitate travel, exempting holders from restrictions like quarantine.

The EU Digital COVID Certificate will be accessible for everyone and it will:

  • cover COVID-19 vaccination, test and recovery;
  • be free of charge and available in all EU languages;
  • be available in a digital and paper-based format;
  • be secure and include a digitally signed QR code;

Member States shall refrain from imposing additional travel restrictions on the holders of an EU Digital COVID Certificate, unless they are necessary and proportionate to safeguard public health.

In addition, the Commission committed to mobilising €100 million under the Emergency Support Instrument to support Member States in providing affordable tests.

The Regulation will apply for 12 months as of 1 July 2021.

Background

On 17 March 2021, the European Commission presented a proposal to create an EU COVID Certificate to facilitate the safe free movement of citizens within the EU during the pandemic. On 20 May, co-legislators reached a provisional agreement. On 1 June, the technical backbone of the systems, the EU gateway, went live. The gateway allows the verification of the security features contained in the QR codes.

Following the official signature today, the Regulation will enter into application on 1 July, with a phasing-in period of six weeks for the issuance of certificates for those Member States that need additional time.

13 Member States have already started to issue EU Digital COVID Certificates.

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EU proposes a strong multilateral trade response to the COVID-19 pandemic

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EU has submitted its proposal seeking the commitment of World Trade Organization (WTO) members for a multilateral trade action plan to expand the production of COVID-19 vaccines and treatments, and ensure universal and fair access. With this proposal to the WTO, divided in two communications, the EU underlines the WTO’s central role in the response to the COVID-19 pandemic and urges fellow WTO members to agree on a set of commitments, including on intellectual property rights.

President von der Leyen said: “The EU has actively shown solidarity with the world since the beginning of the pandemic. The European Union authorized exports of around half of the total amount of vaccines produced in Europe. Our immediate, urgent goal is to ensure equitable access for low – and middle-income countries, to share vaccines wider and faster. And we continue to help ramping up production. The EU proposes concrete short and medium term solutions to ensure universal access at affordable prices. I am looking forward to discuss with the G7 leaders next week how to achieve this goal. Beyond the current crisis, it is important to ensure global preparedness for future pandemics: diversifying manufacturing so that it is not centralised only in a handful of countries and strengthening the resilience of the healthcare infrastructure in least developed countries”.

Executive Vice-President and Commissioner for Trade Valdis Dombrovskis said: “The pandemic is still with us and there can be no room for complacency. We need to urgently concentrate on proposals that accelerate the equitable distribution of COVID-19 vaccines worldwide. In this respect, a strong multilateral trade response could deliver a huge boost in the fight against COVID-19. In reality, the main problem at this moment relates to the lack of sufficient manufacturing capacity to rapidly produce the required quantities. The objective must be to ensure that any available and adequate manufacturing capacity anywhere in the world is used for the COVID-19 vaccines production.”

More on the EU’s proposal

The EU calls on governments to:

  1. Ensure that COVID-19 vaccines, treatments and their components can cross borders freely;
  2. encourage producers to expand their production, while ensuring that those countries most in need of vaccines receive them at an affordable price, and;
  3. facilitate the use of compulsory licensing within the WTO’s existing Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). The TRIPS Agreement already provides this flexibility, which is a legitimate tool during the pandemic that can be used swiftly where needed

The first element aims to limit the use of export restrictions and keep supply chains open. Vaccine-producing countries should be ready to export a fair share of their domestic production. Supply chains are highly interconnected and should not be disrupted. In addition, the EU considers that supplies to the COVAX Facility should never be restricted, and no measures should limit trade in inputs necessary for the production of COVID-19 vaccines and treatments. 

The second element calls on governments to strongly encourage and support vaccine manufacturers and developers to expand production and ensure the affordable supply of vaccines to low- and middle-income countries. Such actions could include licensing agreements, the sharing of expertise, tiered pricing including non-profit sales to low-income countries, contract manufacturing and new investments in manufacturing facilities in developing countries. The EU expects all vaccine producers and developers to make concrete pledges that increase supplies to vulnerable developing countries. In this regard, the EU welcomes the commitment of companies such as BioNTech and Pfizer, Johnson & Johnson and Moderna, which have already committed to delivering 1.3 billion doses this year to low-income countries at no profit and to middle-income countries at lower cost.

The third element, on intellectual property, sets out that voluntary licences are the most effective instrument to facilitate the expansion of production and sharing of expertise. Where voluntary cooperation fails, compulsory licences, whereby a government grants a targeted licence allowing a willing producer to make a vaccine without the consent of a patent holder, are a legitimate tool in the context of a pandemic. The EU considers that all WTO members should be ready to:

  • agree that the COVID-19 pandemic is an exceptional circumstance of national emergency, and that the requirement to negotiate with the rights’ holder may be legitimately waived where needed;
  • support manufacturers that are ready to produce vaccines and/or treatments at affordable prices under a compulsory licence so that the level of remuneration paid by the manufacturer to the patent holder reflects such affordable prices;
  • agree that the compulsory licence could cover any exports destined to countries that lack manufacturing capacity, including via the COVAX facility.

The EU is also tabling a dedicated communication on intellectual property to the WTO body in charge of implementing the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS Council). Here, the EU provides more detail and clarity on each of the three points on intellectual property and links them with the specific provisions in the TRIPS Agreement. As regards the broad waiver proposed by a number of WTO members, the European Commission, while ready to discuss any option that helps end the pandemic as soon as possible, is not convinced that this would provide the best immediate response to reach the objective of the widest and timely distribution of COVID-19 vaccines that the world urgently needs. Today’s proposals aim at achieving that objective in a swift and effective manner.

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