Following recent negotiations in the European Council, EU leaders agreed on a non-recycled plastic packaging waste levy to be introduced from 1 January 2021 as part of the EU Multiannual Financial Framework (MFF) for the period 2021-2027.
Virginia Janssens, Managing Director of PlasticsEurope said: “PlasticsEurope calls on the European Commission and Member States to use the revenues raised to prioritise investments in policies delivering on Europe’s Green Deal and Circular Economy ambitions – focusing in particular on innovation, waste management and collection, and recycling technologies.
PlasticsEurope is concerned that the “own-resource” could hamper circularity instead of accelerating it. We call for the EU institutions and Member States to continue to develop smart and evidence-based policies which do not discriminate between materials. That are based on a thorough impact assessment which includes the impacts of potential substitution of materials, allowing the EU to compete on a global scale and continue to lead the world’s circularity transition.“
Read ICIS News article “PlasticsEurope wants plastics tax revenue invested in EU's Green Deal” here (subscription only)
For an insightful analysis of the Recovery Fund, read here De Standaard’s article featuring Virginia Janssens, Managing Director of PlasticsEurope.