Euromines Position on Draft Climate Law

As the recognized representative of the European mineral raw materials industry covering more than 42 different metals and minerals and employing 350.000 people directly and about four times as many indirectly, Euromines welcomes a Climate Law aiming to assess what would be required to have a more balanced reduction pathway from 2020 to 2050 and to specify what is necessary when increasing the GHG emissions reduction targets by 2030.

As the first segment of most value chains and a critical supplier of materials vital for a transition to a low-carbon society, the mineral raw material industry is prepared to take the necessary actions aimed at turning Europe into the world's first climate neutral continent and contribute to a sustainable and inclusive growth. At the same time, we believe that the Climate Law should form the basis of a stable, coherent, socio-economically feasible policy framework allowing the implementation of most efficient measures to reduce greenhouse gas emissions while ensuring that long-time goals and the international competitiveness of the industry is not endangered. In this context, one of the main purposes of the Climate Law should be to ensure an integrated approach to consistency, stability, and predictability along the whole value chain.