In a letter sent to Prime Minister António Costa, the European Sustainable Business Federation calls on the forthcoming Portuguese Presidency of the EU Council to support SMEs in their transition towards a low-carbon circular economy by making best use of the EU budget and NextGenerationEU recovery package.
According to Ecopreneur.eu, the Portuguese Presidency should give priority to the following key measures:
- Apply green conditions to 100% of EU funding via NextGenerationEU;
- Strengthen the role of SMEs by supporting the implementation of regional “Circular Acceleration Houses” throughout the EU; and
- Implement strong economic incentives, including a carbon border adjustment mechanism, green and circular procurement, extended producer responsibility, and a tax shift from labour to resources.
Read the full letter HERE.